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Stokesdale
Town Hall
8325 Angel Pardue Road
P. O. Box 465
Stokesdale, NC
27357
Office Hours:
Tuesday - Friday
8:30 am - 2:30 pm
PARK HOURS:
Open Daily
7:00 am - 6:00 pm
Phone:
336-643-4011
Fax:
336-643-4016
EmailTown Hall
Carolyn L. Joyner
Town Clerk/Finance
Officer
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TOWN OF STOKESDALE
BUDGET ORDINANCE #69
FISCAL YEAR 2008-2009
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BE IT ORDAINED by the Governing Board of the Town of Stokesdale, North
Carolina: |
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Section 1: The following amounts are hereby appropriated in the
General Fund for the
operation |
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of the Town government and its activities for the fiscal year beginning July
1, 2008, and ending June 30, |
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2009, in accordance with the chart of accounts heretofore established for
this Town: |
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General Government |
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$108,800.00 |
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Capital Outlays |
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$125,000.00 |
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Cultural & Recreational |
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$3,350.00 |
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Public Safety |
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$94,500.00 |
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Economic & Physical Development |
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$37,250.00 |
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Transportation |
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$3,000.00 |
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Undesignated Fund Balance |
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$600.00 |
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$372,500.00 |
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Section 2: It is estimated that for the following revenues will be
available in the General Fund
for |
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the fiscal year beginning July 1,2008 , and ending June 30, 2009: |
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Beer & Wine Excise Tax |
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$16,000.00 |
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Franchise Tax |
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$195,000.00 |
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Cable Franchise Fees |
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$5,500.00 |
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ABC Profit Share |
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$7,000.00 |
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Contributions & Donations |
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$1,000.00 |
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Hold Harmless/Repealed Local Taxes |
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$1,000.00 |
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Planning Fees |
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$17,000.00 |
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Interest on Investments |
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$130,000.00 |
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$372,500.00 |
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Section 3: The following amounts are hereby appropriated in the
Water Sewer Fund for the
fiscal |
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year beginning July 1, 2008, and ending June 30, 2009 in accordance with
the chart of accounts heretofore |
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approved for the Town: |
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Unappropriated Fund Balance |
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$19,000.00 |
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$19,000.00 |
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Section 4: It is estimated that the following revenues will be available in
the Water Sewer Fund
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the fiscal year beginning July 1, 2008 , and ending June 30, 2009: |
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Investment Earnings |
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$19,000.00 |
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TOTAL |
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$19,000.00 |
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Section 5. The following amounts are appropriated in the
Water Enterprise Fund for the
fiscal year |
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beginning July 1, 2008 and ending June 30, 2009: |
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Administrative |
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$39,700.00 |
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Maintenance |
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$29,300.00 |
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Water Purchase |
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$110,000.00 |
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Capital Reserve |
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$0.00 |
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$179,000.00 |
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Section 6. It is estimated that the following revenues will be available
in the Water Enterprise Fund |
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for the fiscal year beginning July 1, 2008 and ending June 30, 2009: |
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Taps and Connections Fees |
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$15,000.00 |
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Investment Income |
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$7,700.00 |
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Miscellanous Income |
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$1,500.00 |
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Water Sales |
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$153,000.00 |
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Late Fees |
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$1,800.00 |
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$179,000.00 |
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Section 7. The following designated reserve funds are held in the Account
Fund Balance and are |
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herewith re-budgeted as authorized appropriations in the 2008 - 2009 Fiscal
Year. Proposed specific |
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expenditures of any of these said designated reserve funds must first be
approved by Town Council, if not |
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already specifically authorized, before being committed for expenditure. |
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Conservation: Open Space/Conservation Rights |
$39,000.00 |
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Town Hall - Future Planning |
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$815,000.00 |
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Patrol Car Reserve |
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$21,000.00 |
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DESIGNATED RESERVES - GENERAL FUND |
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$875,000.00 |
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Water/Sewer Fund Reserves |
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$766,000.00 |
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TOTAL - ALL DESIGNATED RESERVES |
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$1,641,000.00 |
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Section 8: Copies of this budget Ordinance shall be furnished to the Clerk
of the Governing Board |
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and to the Budget Officer and Finance Officer to be kept on file by them for
their direction in the |
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disbursement of funds. |
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Adopted this 19th day of June, 2008. |
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________________________________________________ |
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Mayor Randle L. Jones |
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ATTEST: |
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______________________________________ Town Clerk |
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Carolyn Joyner |
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