Summary
To: Finance Board
From: Stefan Massol, Director of Support Services
Date: 8/16/2018
______________________________________________________________________
Subject:
Title
Discussion of FY 2018-19 Annual Budget
Summary:
Town staff presents the FY 2018-19 Annual Budget for the General Fund, Water Fund and Solid Waste Fund.
End
Body
Previous Board Action: In July, the Finance Board recommended a millage increase and the Town Commission voted to set a maximum millage levy of 6.5000. Of that amount, 1.2500 is for the Capital Projects Fund and 5.2500 is for the General Fund.
Background/Problem Discussion: Please see enclosed materials. This item has been updated since previously discussed to include more accurate numbers and distributions among programs. Items specifically affected are:
• Recreation department salaries
• Recreation revenue
• Records management fees
This draft also includes rectified charts that reference appropriate cells for correct calculations.
Financial Implications: Please see enclosed materials.
Recommendation: None, this item is for discussion purposes only.
Proposed Motion: N/A.