Budget Ordinance

Ordinance #5, 2024

3rd and Final Reading

2024/2025 FY Budget

AN ORDINANCE, APPROPRATING MONEY FOR THE 12 MONTH PERIOD

BEGINNING JULY 1, 2024, AND ENDING JUNE 30, 2025

BE IT ORDAINED BY THE COUNCIL OF THE TOWN OF PINE HAVEN, CROOK COUNTY, WYOMING THAT THE FOLLOWING BUDGET ORDINACE BE ADOPTED:

SECTION 1: The following sums of money are anticipated as general fund cash, investments:

Bank $ 145,000

Investments $ 2,615,359

Total Funds $ 2,760,359

SECTION 2: The following sums of money are anticipated as general revenues:

Property Taxes $ 93,950

Licenses and Permits $ 24,565

Intergovernmental $ 765,860

Grant – PED Pathway Design $ 221,700

Goods & Services, Fines $ 35,000

Miscellaneous Revenues $ 87,850

Cemetery $ 2,850

Revenues $ 1,231,775

Transfer into Gen. From Invest Accts. $ 380,100

Total Revenues $ 1,611,875

SECTION 3: The following sums of money are anticipated as general expenses:

General Government $ 299,609

Public Safety $ 243,350

Public Works $ 780,854

Parks & Recreation $ 58,562

Expenses $ 1,382,375

Transfer To Investment Accounts $ 229,500

Total Expenses $ 1,611,875

Section 4: The following sums of money are expected revenues, expenses, and loan payments from the enterprise accounts:

Revenues:

Water Revenue $ 213,089

Grant – Boe Drive Waterline & Hydrants $ 849,334

Transfer in for Loan #186 – Water Tank $ 21,683

Transfer To Water Fund $ -18,000

Sewer Revenue $ 155,620

Grant – Vista Grande Extension Project $ 222,000

Transfer Town Match & Lagoon Repairs $ 193,652

Transfer To Sewer Fund $ -18,883

Solid Revenue $ 74,394

$ 1,692,890

Expenses:

Water Expenses $ 1,068,605

Sewer Expenses $ 570,543

Solid Expenses $ 64,243

$ 1,684,509

Water Investment Fund Carry Over $ 15,501

Sewer Investment Find Carry Over $ 729

Garbage – General Operating Fund $ 10,151

Total of Carry Over’s $ 26,381

Section 5: It is anticipated that an 8 mil levy for property taxes will be required for operation of the general fund.

NOW, THEREFORE, BE IT RESOLVED by the Council that the Town of Pine Haven budget, be adopted

BE IT FUTHER RESOLVED, by the appropriation as provided for in Ordinance #5, 2024

Karla Brandenburg, Mayor

ATTEST:

Tammie McGovern, Treasurer

First Reading May 14, 2024

Second Reading May 28, 2024

Third Reading & Public Hearing June 11, 2024

Publish: July 4, 2024