AN ORDINANCE CONCERNING APPROPRIATIONS AND THE RAISING OF REVENUE FOR THE FISCAL YEAR BEGINNING JULY 1, 2006 (2006-06-26/O-10)

 

BE IT ORDAINED by the Council of the Town of Chapel Hill, the following appropriations are hereby made:

 

ARTICLE I

 

GENERAL FUND

 

Department

  Department Total

 

 

Mayor/Council

339,078

Town Manager/Town Clerk

1,304,475

Human Resources

722,440

Finance

1,127,561

Information Technology

886,936

Legal

270,730

Planning

1,111,824

Inspections

782,598

Engineering

1,982,189

Public Works

10,678,039

Police

11,104,515

Fire

6,569,504

Parks and Recreation

2,318,466

Library

2,214,233

Non-Departmental

7,834,412

 

 

     GENERAL FUND TOTAL

49,247,000

 

OTHER FUNDS

 

Transportation Fund

14,071,300

Transportation Capital Reserve Fund

1,365,164

Debt Service Fund

4,964,000

Vehicle Replacement Fund

3,077,932

Vehicle Maintenance Fund

1,071,107

Computer Replacement Fund

297,472

Public Housing Fund

1,638,561

Housing Loan Trust Fund

106,178

On-Street Parking Fund

600,660

Off-Street Parking Facilities Fund

1,603,600

Cablevision Public Access Fund

100,000

Library Gift Fund

115,000

Capital Improvements Fund

1,349,050

Downtown Service District Fund

134,000

Stormwater Management Fund

1,644,927

Grants Fund

132,472

 

 

 TOTAL ALL FUNDS

81,518,423

 

ARTICLE II

 

It is estimated that the following revenues will be available during the fiscal year beginning July 1, 2006 and ending June 30, 2007 to meet the foregoing appropriations.  It is determined that where estimated revenues are higher than the previous year, the increases were warranted.

 

GENERAL FUND

 

Property Taxes

25,713,000

Other Taxes & Licenses

1,235,000

State-Shared Revenues

14,396,403

Grants

423,832

Charges for Services

1,558,959

Licenses/Permits/Fines

1,531,572

Interest on Investments

404,512

Other Revenues

306,600

Transfers/Other Sources

1,798,122

Fund Balance Appropriated

1,879,000

 

 

     General Fund Total

49,247,000

 

OTHER FUNDS

 

Transportation Fund

14,071,300

Transportation Capital Reserve Fund

1,365,164

Debt Service Fund

4,964,000

Vehicle Replacement Fund

3,077,932

Vehicle Maintenance Fund

1,071,107

Computer Replacement Fund

297,472

Public Housing Fund

1,638,561

Housing Loan Trust Fund

106,178

On-Street Parking Fund

600,660

Off-Street Parking Facilities Fund

1,603,600

Cablevision Public Access Fund

100,000

Library Gift Fund

115,000

Capital Improvements Fund

1,349,050

Downtown Service District Fund

134,000

Stormwater Management Fund

1,644,927

Grants Fund

132,472

 

 

 TOTAL ALL FUNDS

81,518,423

 

 

ARTICLE III

 

There is hereby levied the following tax on each one hundred dollars ($100) valuation of taxable property, located within the Town of Chapel Hill, as listed for taxes as of January 1, 2006 for the purpose of raising revenue from property tax as set forth in the foregoing estimates of revenues, and in order to finance the foregoing appropriations.

 

General Fund

 

(for the payment of expenses of

 

the Town of Chapel Hill)

$0.474/$100

 

 

Transportation Fund

 

(for the payment of expenses related to

 

transportation approved by referendum)

$0.048/$100

 

 

TOTAL

$0.522/$100

 

ARTICLE IV

 

There is hereby levied the following tax on each one hundred dollars ($100) valuation of taxable property located in the Downtown Revitalization Municipal Service District established by the Town Council's resolution of June 12, 1989:

 

Downtown Service District Fund

$0.09/$100

 

This the 26th day of June, 2006.