Budget Presentation 2023-24 Draft
FY 2023/24 Proposed Operating and Capital Budget &
FY 2023/24 – 2027/28 Proposed Capital Improvement Program
Town Council Meeting
5/16/2023
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Core Goals
Good Governance
Community Character
Quality Public Infrastructure
Public Safety
Civic Enrichment
Fiscal Stability
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Ongoing Strategic Priorities
2023-2025
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Proposed FY 2023/24 Budget ($56.1 million)
Reflects the Council and Community’s Values, Priorities, and Strategic Goals
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Proposed FY 2023/24 Budget
Maintains existing high level of service
Provides for minimal staffing changes
Balanced with $1.6 million OPEB Trust Fund withdrawal
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Proposed FY 2023/24 Budget ($56.1 million)
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General Fund Reserves
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Proposed FY 2023/24 Budget Capital Budget
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Close Out Completed Projects / Consolidate Projects Where Possible
16 Projects Closed or Consolidated
Add Three Annual Ongoing Projects
Roadside Vegetation Management (Currently One-Time)
Open Space Vegetation Management (Currently One-Time
Americans with Disability Act (ADA) Compliance
Shore Up Funding for Existing One-Time Projects
Provide for Unanticipated Repairs d
Proposed 5 Year Capital Improvement Program
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Four Drainage Projects Added
Creekside Sports Park - Partial Funding
Emergency Preparedness – Partial Funding
Timber Bridge Inspection – 25/26 Funding
Proposed 5 Year Capital Improvement Program
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RECOMMENDATIONS
Provide direction balancing the FY 2023/24 Proposed Budget;
Provide direction on the Proposed Operating Budget;
Provide direction on the Proposed Capital Budget; and
Consider the FY 2023/24 List of Potential Donations consistent with the Town’s Donation Policy.
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QUESTIONS?
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ARPA Replacement Revenue - Tracking
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ARPA Replacement Revenue - Tracking
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ARPA Replacement Revenue - Tracking
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ARPA Replacement Revenue - Tracking
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ARPA Replacement Revenue - Tracking
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