FINACIAL BUSINESS REQUEST
(FBR)
Subject:
title
MOTION to adopted a proposed Fiscal Year 2023/2024 Water Operations Budget in the amount $1,518,724.32.
end
Background:
Water Operations: $1,518,724.32 an decrease $11,837,17 from the Fiscal Year 2022/2023 Budget. (see attached)
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Sewer Operations: $707,027.52an increase of $19,658.56 over the Fiscal Year 2022/2023 Budget. (see attached)
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In? accordance with Section 4 of Ordinance #400-001 "An Ordinance Establishing a Water Pollution Control Authority" the Town Council is required to approve the Water Operations budget noting the following:
?The WPCA shall provide, by the fourth Monday in April, a budget of estimated revenues, expenditures and capital improvements for the ensuing fiscal year for inclusion as an appendix in the Town annual budget. The Town Council shall approve the water system budget. This shall be provided to the residents at the Annual Town Meeting on the budget." (see attached Ordinance)
?The Town Council was not required to approve the Annual Sewer Operations budget. However, past practice has been that the proposed Sewer Operations Budget has also been provided for informational purposes.
Department Comment/Recommendation:
(type text here)
Meeting Action Detail:
Town Council Meeting 03/21/2023:
File #: 23-1341 Version: 1
Type: Financial Business Request (FBR)
Title: MOTION to adopted a proposed Fiscal Year 2023/2024 Water Operations Budget in the amount $1,518,724.32.
Moved: Saums Seconded: Ryan
Action: Approved
Minute Note:
Moved by Councilor Saums, seconded by Councilor Ryan
Discussion: Councilor Saums stated in accordance with Section 4 of Ordinance #400-001 "An Ordinance Establishing a Water Pollution Control Authority" which states: "The WPCA shall provide, by the fourth Monday in April, a budget of estimated revenues, expenditures and capital improvements for the ensuing fiscal year for inclusion as an appendix in the Town annual budget. The Town Counci...
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