29 Jan The purpose of this assignment is to have you review an adopted municipal budget and answer questions related to it.You will find the adopted 2022-2023 fiscal year budget
The purpose of this assignment is to have you review an adopted municipal budget and answer questions related to it.You will find the adopted 2022-2023 fiscal year budget for the Town of Mooresville, North Carolina. Based on this budget, submit these questions, along with your answers, by the end of the day on Sunday, January 29:
- On page 25 of the budget, you will find the fiscal year summary. If you look at the TOTAL column for the 2022-2023 BUDGET under "Total Revenues – All Funds" and "Total Expenditures – All Funds," you will see that they are both $165,618,889. Why?
- Which fund has the largest amount of money budgeted in the budget?
- What is the largest funding source for the General Fund?
- What is the ad valorem tax?
- Is a vehicle that is licensed (gets a license plate) from year to year considered personal property or real property?
- What is the town's second largest General Fund source of revenue?
- The budget is based on a a $.58 tax rate per $100 valuation of real property. In other words, a property owner pays 58 cents ($.58) for every 100 dollars that their property is assessed a value by the county. Assuming that you have a house and land (a house is treated as real property) that are valued at $300,000.00. How much would the property owner pay in property taxes to the town?
- What are Powell Bill funds used for?
- There is one very important statement in the "Basis of Budgeting" section on page 13 of the budget. It reads: "Expenditures may not legally exceed appropriations at the departmental level for all annually budgeted funds." Rewrite this in your own words that explains what this means (you only need one sentence and you do not have to use the exact (or all) the words that appear in this sentence).
- The Town of Mooresville has a population of over 51,900 people yet its budget is 365 pages long. Is this the first time you have ever looked at city or county budget? What are your initial impressions of how a city's budget is adopted?
TOWN OF MOORESVILLE FY23 APPROVED
Celebrang 150 years 1873 – 2023
Town of Mooresville 413 North Main Street Mooresville, NC 28115 www.MooresvilleNC.gov
ANNUAL BUDGET
Table of Contents
Introduction 2 Budget Message 2 Budget Ordinance 6 Presiding Officials 11 Organizational Chart 12
Budget Summary 13 Basis of Budgeting 13 Budget Development Process 15 Internal Financial Policies & Procedures 17 Capital Project Budget Ordinances 23 Fund Summary 25
General Operating Fund 27 General Fund Summary 28 General Fund Revenues 42 General Fund Expenditures 68
General Administration 68 Board of Commissioners 69 Manager's Office 73 Communications & Marketing 80 Legal 85 Finance 89 Human Resources 96 Risk Management 102 Technology & Innovation 108 Planning and Community Development 118 Facility Maintenance 125 Non-Department 131
Public Safety 134 Police 135 Fire 143
Public Services 155 Public Services Administration 156 Engineering 160 Streets 164 Sanitation 169
Fleet Maintenance 174 Recreation and Cultural Services 179
Park Services 180 Recreation Administration 188 Athletic Services 195 Charles Mack Citizen Center & Performing Arts Center 201 Winnie Hooper Center 208 War Memorial Center 213 Selma Burke Center 219 Special Facilities 225 Golf Operations 229 Library 236
General Capital Investments Fund 242 General Capital Investments Fund Summary 243 General Capital Investments Fund Revenues 248 General Capital Investments Fund Expenditures 250
Fleet Replacement Fund 265 Fleet Replacement Fund Summary 265 Fleet Replacement Fund Revenues 266 Fleet Replacement Fund Expenditures 267
Utility Fund 268 Utility Fund Summary 269 Utility Fund Revenues 277 Utility Fund Expenditures 281
Water Sewer Administration 281 Meter Reading 287 Line Maintenance 291 Pump Maintenance 296 Water Treatment 300 Wastewater Treatment 308
Stormwater Fund 314 Stormwater Fund Summary 315 Stormwater Revenues 318 Stormwater Expenditures 320
Community Development Fund 326 Community Development Fund Summary 327 Community Development Fund Revenues 328 Community Development Fund Expenditures 329
Powell Bill Fund 331 Powell Bill Fund Summary 332 Powell Bill Fund Revenues 335 Powell Bill Fund Expenditures 337
American Rescue Plan Act Fund 339 American Rescue Plan Act Summary 339 American Rescue Plan Act Revenues 340 American Rescue Plan Act Expenditures 341
Reserve Funds 342 Capital Reserve Fund Sanitation – Summary 343
Capital Reserve Fund Sanitation – Revenues 345 Capital Reserve Fund Sanitation – Expenditures 346
Capital Reserve Fund General – Summary 348 Capital Reserve Fund General – Revenues 349 Capital Reserve Fund General – Expenditures 350
Capital Reserve Fund Utilities – Summary 351 Capital Reserve Fund Utilities – Revenues 352 Capital Reserve Fund Utilities – Expenditures 354
355 356 360
Appendix Glossary Fleet Replacement Standard Operating Procedures
BUDGET MESSAGE
FY 2022-2023 OPERATING BUDGET
May 16, 2022
The Honorable Miles Atkins, Mayor and Board of Commissioners Town of Mooresville 413 N. Main Street Mooresville, NC 28115
Dear Mayor and Board of Commissioners,
INTRODUCTION – FY 2023
In accordance with the North Carolina Local Government Budget and Fiscal Control Act, I am pleased to present the Recommended Operating Budget for fiscal year (FY) 2022-2023. Upon your selection of a public hearing date, a notice of submission of this budget to the Board of Commissioners will be published, in accordance with G.S. § 159-12. A copy of Mooresville's Recommended Budget has been placed on-file with the Town Clerk and posted on the Town website for public inspection. I want to thank the Mayor and Commissioners for providing staff with clear direction and guidance during this year's budget process.
A municipal budget serves as a reflection of the community's priorities and values. The Town budget continues to significantly invest in the identified capital needs and core services provided by Town staff and expected by our citizens. This budget represents the culmination of many hours of analysis, deliberation, and preparation by Town department heads and administrative staff, as well as many hours of review by this Board in Budget Workshops. Thank you in advance for the additional time that you will spend reviewing and evaluating this recommended budget.
FUND SUMMARY
This budget proposal uses $10 million in ARP A (American Rescue Plan Act) funding towards public safety salaries and benefits. Public safety was strained by Covid-19, and this use is in keeping with the spirit and the law of the Act. Furthermore, the replacement of revenue formerly reserved for salaries and benefits made it possible to fund public safety vehicles, park expansions, pickle ball courts, to upgrade the security of the Town's computer system, and other community facing initiatives.
FY 2023 represents the fifteenth consecutive year of a recommended tax rate at fifty-eight cents per $100 of assessed valuation. The many amenities of the Town continue to consistently attract residents and businesses, providing significant growth in assessed value and allowing additional improvements and services without an increase in the rate.
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INTRODUCTION – FY 2023
The recommended General Fund budget for FY 2023 totals $79,024,937 for Town personnel, professional services, and operations. The demands of our growing community dictate that we have appropriate staffing levels to deliver the customer service our residents deserve and expect. As such, there are twenty-two new full-time positions funded in FY 2023.
The recommended General Capital Investment Fund budget for FY 2023 totals $17,029,825. This fund provides financing for capital outlay, street resurfacing, and annual debt payments.
The recommended Utility Fund budget for FY 2023 totals $29,762,443. The utility budget continues the path established several years ago to have sufficient revenue to maintain and repair the existing system and establish a reserve to pay for capital projects without the need for additional borrowing.
The recommended Stormwater Fund budget totals $3,295,013. This budget includes two new full time positions, a Stormwater Equipment Operator to operate an additional street sweeper and a Stormwater Program Manager under the current rate structure.
Finally, the Powell Bill Fund budget totals $1,373,391. The moderate increase in the Powell Bill Fund is due to the enhancement of the paving and resurfacing program.
The Town's budget for all operating funds equal $130,485,609. The total budget ordinance including operating capital reserves, and project ordinance transfers total $164,889,389.
The effort to create a budget started last December, as departments began identifying and prioritizing capital needs for the development of a five-year capital improvement plan (CIP). Departments prepared their individual budget requests to maintain high quality customer service, and to achieve the Town's strategic objectives. The FY 2023 Recommended Budget will continue to fund large capital projects in project budget ordinances, as this process allows projects to overlap fiscal years without the need to re-appropriate funds each fiscal year.
REVENUE fflGHLIGHTS
General Fund
FY 2022-2023 BUDGET IDGHLIGHTS
The revenues and expenditures outlined in the following pages will require a tax rate of $0.58 per $100 valuation, which remains unchanged for the fifteenth consecutive fiscal year. As in past years, property tax remains our largest single source of revenue for the General Fund. Property tax revenue is based on information received from the Iredell County Tax Collector Office, and the budget is calculated using a tax base of $8,770,181,000 and an estimated collection rate of 99.28 percent. The estimated assessed tax value will generate approximately $871,844 per penny of the tax rate. Revenue in the FY 2023 recommended budget to be generated from property tax collections is $50,500,000, approximately $2,500,000 higher than FY 2022. Likewise, the estimated pandemic-related decrease in sales tax revenue in the FY 2022 did not materialize. FY 2022 sales receipts for the first nine months continue to increase at a record pace, and therefore,
3
INTRODUCTION – FY 2023
there is an increase in sales tax receipts to $15,284,542 (sales tax receipts are budgeted in the General Fund and General Capital Investment Fund).
Fleet Replacement Fund
An initial, one-time appropriation of fund balance in the amount of $2 million is recommended to establish a Fleet Replacement Fund. The purpose of establishing a Fleet Replacement Fund is to stabilize the budgeting of future vehicle purchases. Ongoing contributions to the fund will come from annual amortization charges to departments for vehicles assigned to them, based on the estimated life of the vehicle. Funding will also come from the sale of surplus property with the except of surplus land and buildings.
Powell Bill Fund
By general statute, Powell Bill funds must be used for Town-maintained roadways. Revenues are state-collected and generated from the gasoline tax. Funds are distributed based on population and Town-maintained street mileage. The total recommended Powell Bill budget is $1,373,391.
EXPENDITURE fflGBLIGHTS
Design and Construct Town Hall Annex
Town Hall Annex Design and Construction ($1,950,000) – Upon Mooresville Police Department's relocation to a new Police Headquarters this summer, the former headquarters building will be repurposed to house Parks & Recreation, Technology and Innovation, and a new one stop shop that combines Planning and Community Development with the proposed new Building Inspections Department to create a seamless experience for development.
Cornelius Road Park, Phase Ill
Design and Construction ($3,312,288) – This project adds lighting to three multipurpose fields and two softball/baseball fields, as well as parking, concessions, and restrooms to serve this area of the park.
Traffic Unit Implementation ($500,000) – This project allows the Town to make the first step toward taking over maintenance and control of traffic lights and timing on NCDOT-maintained roads. This Unit will be phased in over multiple years, with the completion of current/proposed NCDOT projects.
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INTRODUCTION – FY 2023
Meeting Current and Future Needs
We must plan and grow our community in a manner that is prudent for our taxpayers and within the framework of the Town's Mission and Vision. This Recommended Budget continues the path of providing superior services and programs in an effective and consistent manner. Fortunately, the operating funds meet the personnel, operation, debt, and actions of the growing community without financial hardship. This budget allows Town services to keep up with continued growth. As the Town moves into the 2022-2023 fiscal year, we will continue to closely evaluate and monitor expenses and revenues to ensure the equilibrium between services and growth is maintained.
This year's Recommended Budget also is in line with the Boards' Debt Policy, which has greatly benefitted the Town by aiding with improvements in our bond rating and preserving debt capacity, should it be needed beyond this upcoming fiscal year.
The challenge of meeting the many needs of our residents and business community is great and does not come without expense. I am pleased to provide this Recommended Budget for your consideration. This budget lays out the Town's plan for the coming fiscal year and provides the essential services and programs that meet the needs of our residents and businesses. If implemented, I am confident it will allow us to continue to provide the community with good governance and quality services.
Sincerely,
�{JJ/Ae,vv—- Randall W. Hemann Town Manager
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INTRODUCTION – FY 2023
ORDINANCE NO. 2022-06-06
BE IT ORDAINED by the Board of Commissioners of the Town of Mooresville, North Carolina, meeting
in open session this 6th day of June 2022 that the following fund revenues and expenditures together with certain restrictions and authorizations are hereby adopted:
Revenues:
Expenditures:
Total Expenditures:
Revenues:
Expenditures:
Revenues:
Expenditures:
GENERAL FUND
General Administration
Finance
Human Resources
Risk Management
Technology & Innovation
Planning & Community Development
Police
Fire
Public Services Administration
Engineering
Streets
Sanitation
Fleet Maintenance
Facility Maintenance
Non-Department
Parks and Recreation
Charles Mack Citizen Center
Golf Operations
Library
GENERAL CAPITAL INVESTMENT FUND
FLEET REPLACEMENT FUND
$79,654,937
2,729,610
2,988,217
2,354,418
1,894,699
5,130,557
2,075,311
14,470,230
12,168,326
590,657
1,030,218
2,401,548
2,401,718
1,039,168
1,392,862
13,923,277
6,073,736
1,458,354
2,042,585
3,489,446
$79,654,937
$17,029,825
$17,029,825
$2,301,702
$2,301,702
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Revenues:
Expenditures:
Total Expenditures:
Revenues:
Expenditures:
Revenues:
Expenditures:
Revenues:
Expenditures:
Revenues:
Expenditures:
Revenues:
Expenditures:
Revenues:
Expenditures:
INTRODUCTION – FY 2023
ARPAFUND
UTILITY FUND
Water Sewer Maintenance
Water Treatment
Wastewater Treatment
STORMWATERFUND
COMMUNITY DEVELOPMENT FUND
POWELL BILL FUND
CAPITAL RESERVE FUND- GENERAL
CAPITAL RESERVE FUND – SANITATION
CAPITAL RESERVE FUND- UTILITIES
$10,000,000
$10,000,000
$29,856,943
19,051,818
6,614,775
4,190,350
$29,856,943
$3,300,013
$3,300,013
$1,415,350
$1,415,350
$1,373,391
$1,373,391
$3,312,288
$3,312,288
$180,000
$180,000
$6,187,087
$6,187,087
Revenues:
Expenditures:
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Revenues:
Expenditures:
Revenues:
Expenditures:
Revenues:
Expenditures:
Revenues:
Expenditures:
Revenues:
Expenditures:
Revenues:
Expenditures:
Revenues:
Expenditures:
Revenues:
Expenditures:
1N1RODUCTION – FY 2023
GENERAL FUND CAPITAL PROJECT
ORDINANCE TOWN HALL ANNEX
MAZEPPA FLYOVER
LANGTREE/115 INTERSECTION
TRAFFIC UNIT
EAST/WEST CONNECTOR PHASE I
DYE CREEK GREENWAY LOOP
UTILITY FUND CAPITAL PROJECT ORDINANCES
NEW REED'S CREEK PUMP STATION
MAZEPPA PARALLEL WATERLINE
SOUTH IREDELL FORCEMAIN
$1,950,000
$1,950,000
$500,000
$500,000
$500,000
$500,000
$500,000
$500,000
$853,503
$853,503
$310,000
$310,000
$423,000
$423,000
$673,200
$673,200
$2,050,000
$2,050,000
Revenues:
Expenditures:
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Revenues:
Expenditures:
Revenues:
Expenditures:
INTRODUCTION – FY 2023
ELEVATED STORAGE TANK IN IDGH PRESSURE ZONE
WATERTREATMENTPLANT I RENOVATIONS•CLEARWELL
WASTEWATER EXPANSION PERMITTING
$1,177,500
$1,177,500
$1,374,150
$1,374,150
Revenues: $ 300,000
Expenditures: $ 300,000
EAST McCLELLAND A VENUE CULVERT & INFRASTRUCTURE
Revenues: $ 75,000
Expenditures: $ 75,000
BURTON'S BARN CULVERT
Revenues:
Expenditures:
CARPENTER A VENUE INFRASTRUCTURE
Revenues:
Expenditures:
General Fund
$ 100,000
$ 100,000
$ 221,000
$ 221,000
There is hereby levied the following rates of tax on each on hundred dollars ($100.00) valuation of taxable
property as listed for taxes as of January 1, 2022, for the purpose of raising the revenue from current year's
property tax, as set forth in the foregoing estimates of revenue, and in order to finance the foregoing
appropriations.
Rate per $100.00 Valuation-General Fund: $0.58
Such rates of tax are based on an estimated total valuation of property for purpose of taxation of
$8,770,181,000 and estimated rate of collections of 99 .28%.
Mooresville Downtown Tax District
There is hereby levied the following rates of tax on each one hundred dollars ($100.00) valuation of taxable
property as listed for taxes as of January 1, 2022 for raising the revenue from current year's property tax,
as set forth in the foregoing estimates of revenue, and to finance the foregoing appropriations.
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INTRODUCTION -FY 2023 Rate per $100.00 Valuation -Mooresville Downtown Tax District: $0.16 Such rates of tax are based on an estimated total valuation of property for purpose of taxation of $49,649,800 and estimated rate of collection of 99.43%. The Town Manager is authorized to transfer funds from line item within a department's budget and from department to department within a fund without increasing or decreasing appropriations in said fund. The Town Board must approve fund transfers from one fund to another and any increases or decreases to a fund. The total of all amounts encumbered for outstanding purchase orders and contracts as of June 30, 2022, shall be carried forward in fund balance as the amount of Reserved for Encumbrances and the corresponding appropriations for these encumbrances shall not lapse in order to properly account for the payment in the fiscal year paid. The Pay and Classification Plan for Fiscal Year 2022-2023 reflects salary rates approved by this budget. A copy of this ordinance shall be furnished to the Finance Director to be kept on file for direction in the Disbursement of Town funds. All ordinances or parts of this ordinance in conflict with the provisions of this Ordinance hereby repeal. Adopted this 6th day of June, 2022.
� ym
��l�«-oenevieve Glaser, Town Clerk
10
INTRODUCTION – FY 2023
Annual Budget Town of Mooresville, North Carolina
Fiscal Year Beginning July 1, 2022
Recommended to the Town Board by the Town Manager …………………………………………………………….. May 16, 2022 Adopted by the Town Board ……………………………………………………………………………………………………….. June 6, 2022
The Town Board
Miles Atkins ……………………………………………………………………………………………………………………………………… Mayor
Lisa Qualls…… …………………………………………………………………………………. Commissioner Ward 4 (Mayor Pro-Tem) Bobby Compton …………………………………………………………………………………………………………. Commissioner at Large Gary West ……………………………………………………………………………………………………………….. Commissioner at Large Eddie Dingler ……………………………………………………………………………………………………………… Commissioner Ward 1 Thurman Houston ……………………………………………………………………………………………………….. Commissioner Ward 2 Barbara Whittington ……………………………………………………………………………………………………. Commissioner Ward 3
Appointed Officials and Department Heads
Randy Hemann ………………………………………………………………………………………………………………………Town Manager Ryan Rase …………………………………………………………………………………………………………….. Assistant Town Manager Beau Falgout …………………………………………………………………………………………………………… Assistant Town Manager Sharon Crawford …………………………………………………………………………………………………………………….Town Attorney Megan Suber ………………………………………………………………………………….. Director of Communications & Marketing Genevieve Glaser ……………………………………………………………………………………………………………………….. Town Clerk Deborah Hockett ………………………………………………………………………………………………………… Chief Financial Officer Evans Ballard …………………………………………………………………………………………………. Interim Chief Financial Officer Tiffany Shelley ………………………………………………………………………………………………… Director of Human Resources Chris Russell …………………………………………………………………………………………………………….. Risk & Safety Manager Jeffrey Brotherton……. ………………………………………………………………………….. Director of Technology & Innovation Ron Campurciani ………………………………………………………………………………………………………………………. Police Chief Curt Deaton ………………………………………………………………………………………………………………………………….. Fire Chief Jonathan Young… …………………………………………………………………………………………….. Engineering Services Director Danny Wilson ……………………………………………………………………….. Planning and Community Development Director John Finan… ………………………………………………………………………………………………………………. Public Works Director Allison Kraft …………………………………………………………………………………………………………….. Public Utilities Director Marian Lytle ……………………………………………………………………………………………………………………….. Library Director Pamela Reidy …………………………………………………………………………………………………… Parks and Recreation Director
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INTRODUCTION – FY 2023
ORGANIZATIONAL CHART TOWN OF MOORESVILLE, NORTH CAROLINA
ASSISTANT TOWN MANAGER
PLANNING &
Utilities
LIBRARY
RISK MANAGEMENT
WATER TREATMENT
RECREATION
WASTE WATER TREATMENT
STORMWATER
General Government
Public Safety
Public Services/Works
TECHNOLOGY & INNOVATION
COMMUNICATIONS & MARKETING
FIRE
ENGINEERING
PUBLIC WORKS (Fleet, Sanitation, Streets and Powell)COMMUNITY DEVELOPMENT
HUMAN RESOURCES
WATER/SEWER MAINTENANCE
FACILITY MAINTENANCE
LEGAL
ASSISTANT TOWN MANAGER
FINANCE
Cultural
POLICE
CITIZENS OF MOORESVILLE
TOWN ATTORNEY TOWN MANAGER
BOARD OF COMMISSIONERS
TOWN CLERK
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BUDGET SUMMARY – FY 2023
BASIS OF BUDGETING
The accounts of the Town are organized based on funds. A fund is an independent fiscal accounting entity, with a self-balancing set of accounts. Funds maintain independent records of cash and/or other resources, together with all related liabilities, obligations, reserves and equities. The purpose of a fund is to carry out specific activities or attain certain objectives in accordance with special financial regulations, restrictions or limitations. The budget outlines the Town’s plan for achieving the goals, objectives, and service delivery levels desired by the Mayor and Town Board of Commissioners. More specifically the budget is a financial plan consisting of an estimate of proposed expenditures, the proposed means of financing, and the goals and objectives of the expenditures for a given time, usually one year from July 1 to June 30. The Town develops its budget as required by the North Carolina Local Government Budget & Fiscal Control Act. All budgets are prepared and adopted using the modified accrual basis of accounting whereby revenues are recognized when measurable and available and expenditures are recognized when a liability is incurred. Expenditures may not legally exceed appropriations at the departmental level for all annually budgeted funds. During the year, the Town’s accounting system is maintained on the same basis as the adopted budget. The Town adopts an annual budget ordinance that includes the General, General Capital Investment, Fleet Replacement Fund, Utility, Powell, Community Development, Stormwater, Capital Reserves and Capital Project Ordinance funds transferred from operating funds.
GENERAL FUND
The General Fund, the largest fund of the Town, accounts for all governmental services and summarizes all financial transactions except those activities which are more appropriately recorded in another fund. Municipal services are classified as General Administration, Technology and Innovation, Planning and Community Development, Engineering, Public Service, Facility Maintenance, Police, Fire, Streets, Fleet Maintenance, Sanitation, Parks and Recreation, Golf Course, Library, Cha
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