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Home My WebLink AboutFY 2026 - 2027 - Annual Town Budget-AdoptedVINTONTown ofTown of Town of ADOPTED FY2026-2027BUDGET VIRIGINIA i TABLE OF CONTENTS GFOA Budget Award FY2026 ...............................................................................1 Town Council ........................................................................................................2 Town Department Staff .........................................................................................3 Finance/Budget Committee ...................................................................................4 Organizational Chart .............................................................................................5 Town of Vinton FY2026-2030 Strategic Plan ....................................................... 6 Performance Measures Town Manager’s Office ...............................................................................8 Human Resources/Risk Management ........................................................9 Treasurer’s Office/Finance Department .................................................... 10 Public Works Department ......................................................................... 11 Police Department .................................................................................... 12 Community Programs Department ........................................................... 13 Vinton War Memorial ................................................................................ 14 Planning & Zoning Department................................................................. 15 Economic Development ............................................................................ 16 Department Position Summary ........................................................................... 17 Town of Vinton General Information .................................................................... 18 Introduction ii Town Manager’s Letter of Transmittal ................................................................ 22 The Budget Overview .......................................................................................... 31 Budget Calendar ................................................................................................. 34 Functional Units .................................................................................................. 36 Revenue and Expenditure Summary................................................................... 37 Consolidated Summary: General & Capital Fund ................................................ 38 Multi-Year Consolidated Summary ...................................................................... 39 Five-Year Forecast Data ..................................................................................... 40 General Fund Revenues: Source Descriptions ................................................... 41 General Fund Revenues: Totals and Graph ........................................................ 42 General Fund Revenues: Details ........................................................................ 43 Town Manager’s Message General Fund Revenues The Budget Process Financial Summary iii General Fund Expenditures Total and Graph ...................................................... 48 General Fund Expenditures Breakdown by Department and Function ............... 49 General Fund – Town Council ............................................................................ 50 General Fund – Community Contributions/Joint Local Government Services ..... 52 General Fund – Town Manager .......................................................................... 53 General Fund – Legal Services ........................................................................... 55 General Fund – Human Resources/Risk Management ....................................... 57 General Fund – Treasurer/Finance Department ................................................. 59 General Fund – Independent Auditors ................................................................ 61 General Fund – Police Department .................................................................... 63 General Fund – Police Community Services/Animal Control .............................. 65 General Fund – Communication Services ........................................................... 67 General Fund – Fire and EMS Department ........................................................ 69 General Fund – Public Works Administration ..................................................... 71 General Fund – Maintenance/Highways/Streets/Bridges .................................... 73 General Fund – Traffic Signs & Street Lights ..................................................... 75 General Fund – Snow & Ice Removal ................................................................. 77 General Fund – Refuse Collection ..................................................................... 79 General Fund – Recycling Collection .................................................................. 81 General Fund – Building & Grounds Maintenance .............................................. 83 General Fund – Health Department Building ....................................................... 86 General Fund – War Memorial Facility ................................................................ 88 General Fund – Special Programs ..................................................................... 90 General Fund Expenditures iv General Fund – Community Program Employee OT .......................................... 92 General Fund – Vinton Veteran’s Monument ..................................................... 94 General Fund – Town Museum ........................................................................... 96 General Fund – Planning & Zoning Department ................................................ 98 General Fund – Economic Development ........................................................... 100 General Fund – Vinton Business Center .......................................................... 102 General Fund – Public Transportation .............................................................. 104 General Fund – Performance Agreements ........................................................ 106 General Fund – Stormwater Administration ..................................................... 108 General Fund – Stormwater Street & Road Cleaning ....................................... 110 General Fund – Stormwater Operations ........................................................... 112 General Fund – Transfers ................................................................................. 114 Debt Retirement Schedule ................................................................................ 116 Debt Retirement Totals and Graphs .................................................................. 117 Debt Retirement Details ................................................................................... 118 Grant Fund Revenues Totals and Graph .......................................................... 119 Grant Fund Revenues Details ........................................................................... 120 Grant Fund Revenues Debt Schedule v Grant Fund Expenditures Total and Graph ...................................................... 122 Grant Fund Expenditures Details ...................................................................... 123 Capital Fund Revenues Totals and Graph ....................................................... 130 Capital Fund Revenues Details ......................................................................... 131 Capital Fund Expenditures Totals and Graph .................................................. 132 Capital Fund Expenditures Details .................................................................... 133 FY2027-2031 Capital Improvement Planning Worksheet.................................. 141 Town Manager’s CIP Funding Listing................................................................ 142 2026-2027 CIP Cost: Impact Worksheet .......................................................... 143 Pay and Classification Plan .............................................................................. 144 Capital Improvement Program Pay and Classification Plan Grant Fund Expenditures Capital Fund Revenues Capital Fund Expenditures vi Taxes, Licenses and Fees Schedule................................................................. 146 Public Hearing Legal Notice – Real Estate Taxes ............................................. 153 Ordinance – Real Estate Taxes ........................................................................ 154 Public Hearing Legal Notice – Personal Property Taxes ................................... 155 Ordinance – Personal Property Taxes .............................................................. 156 Public Hearing Legal Notice – Budget Adoption ................................................ 157 Ordinance – Budget Adoption ........................................................................... 159 Financial Guidelines & Policies ......................................................................... 162 Glossary ............................................................................................................ 195 Appendix PRESENTED TO Town of Vinton Virginia For the Fiscal Year Beginning July 01, 2025 Executive Director GOVERNMENT FINANCE OFFICERS ASSOCIATION Distinguished Budget Presentation Award 1 VINTON TOWN COUNCIL Bradley E. Grose Ma or Laurie J. Mullins ice-Ma or Keith N. Liles Council Member Sabrina M. McCarty Council Member Michael W. Stovall Council Member 2 TOWN DEPARTMENT STAFF Richard W. Peters, Jr. Town Manager Adam E. Cody Sexton Deputy Town Manager Megan K. Lawless Donna Collins Human Resources/ Risk Management Fabricio Drumond Tiffany Stewart Finance Director Anita McMillan Planning & Zoning Director Mandy Adkins Cultural Placemaking and Event Director Kimberley Ramsey Treasurer Jill Acker Interim Public Works Director – Administration Kenny Sledd Interim Public Works - Operations Director Jamie Hurt Capital Project Manager 3 FINANCE/BUDGET COMMITTEE Bradley E. Grose Richard W. Peters, Jr. Michael W. Stovall Tiffany Stewart Finance Director Adam E. Cody Sexton Kimberley Ramsey Treasurer 4 *Indicates Council Appointed Position Citizens of Vinton Town Council Town Attorney* Town Manager* / Director of Economic Development Planning / Zoning Special Assistant to TM for Economic Development Public Works Refuse / Recycling Stormwater Grounds Streets Capital Projects Building Services Cultural Placemaking Community Events Community Facilities Deputy Town Manager Human Resources / Risk Management HR Specialist Finance Department / Treasurer* Treasury Services Accounting Services Administration Operations Manager /Town Clerk* Police Department* Administration Operations 5 THE TOWN OF VINTON STRATEGIC PLAN 2026-2030 VISION (Where) The Town of Vinton desires to be a regional destination that blends small-town charm with forward-thinking growth. We deliver well-maintained infrastructure, offer diverse housing, and provide exceptional public services and amenities for all. Our historic downtown is the heart of the walkable, vibrant community where businesses thrive and people gather. MISSION (How) As employees of the Town of Vinton, we are dedicated to maintaining the highest standards for livability, services, and infrastructure while protecting our unique character and values. We strive to build and preserve a solid ﬁnancial future through proactive, high-quality economic development and provide transparent, efficient, and responsible governance. By communicating clearly, honestly, and frequently with our citizens, we ensure a prosperous and well- connected community. KEY PRINCIPLES (Why) • PUBLIC TRUST | Collaborative, high-performing and transparent decision-making. • ENGAGEMENT | Clear, honest, and frequent communication. • PEOPLE FIRST | Support staff through professional growth and investment. • NEIGHBORHOODS | Promote stable, safe, diverse and connected neighborhoods. • COMMUNITY SPIRIT | Bolster popular Town events. • REVENUE GROWTH | Responsible and proactive economic development to provide for a stable future. STRATEGIC PROJECTS (What) • Build Walkable Connections in and to Downtown • Update and Modernize Town Zoning Ordinances • Invest in Quality and Diverse Mix of Housing for all Phases of Life • Strategically Promote Economic Development • Invest in Critical Public Infrastructure 6 7 Actual Estimated Projected Performance Measures Town Manager's Office Dept Goals Key Principles Strategic Projects FY24-25 FY25-26 FY26-27 Representation on State, Regional, and Local Boards Serves as ex-officio member on Town Committees Facilitate regular meetings of the Executive Leadership Team Provide Mayor's Update to Town Council Actual Estimated Projected Town Clerk/FOIA Officer Dept Goals Key Principles FY24-25 FY25-26 FY26-27 Number of Conflict of Interests processed Number of Ordinances and Resolutions processed Improved community engagement through uploading Council 3 1, 2 20 20 20 FOIA Responses Handled within 5 days Departmental Goals 8. Develop and implement contracts and agreements required to facilitate strategic projects. 9. Maintain positioning with regional, state and national laws, policies, opportunities and threats. Key Priciples 1 - Public Trust: Collaborative, high-performing and transparent decision making 2 - Engagement: Clear, honest, and frequent communication 3- People First: Support staff through professional growth and investment 4- Neighborhoods: Promote stable, safe, diverse and connected neighborhods 5- Community Spirit: Bolster popular Town events 6- Revenue Growth: Responsible and proactive economic development to provide for a stable future Strategic Projects A- Build Walakable Connections in and to Downtown B- Update and Modernize Town Zoning Ordinances C- Invest in Quality and Diverse Mix of Housing for all Phases of Life D- Strategically Promote Economic Development E- Invest in Critical Public Infrastructure 5. Prepare and delegate tasks to achieve goals as set by Town Council's Strategic Plan. 6. Advise Council and the Community of events and activities taking place within the Town. 7. Facilitate and oversee Town's Capital Improvement Plan (CIP). Town Manager's Office The Town Manager's Office serves as the essential bridge between the establishment of local government policy and the delivery of local public services. The office's primary responsibility is to record the actions of the elected body and translate the legislative vision of the Town Council into daily municipal operations. 1. Develop an annual operating budget and maintain a long term financial plan. 2. Assist all Town departments in providing quality public service delivery. 3. Provide timely and relevant information to the public. 4. Prepare Council Agenda and complete all follow-up in a timely manner. 8 Actual Estimated Projected Performance Measures Human Resources & Risk Management Dept Goals Key Principles Strategic Projects FY24-25 FY25-26 FY26-27 Reduce turnover rate within first 24 months of employment Percentage of employees receiving regular 2 Utilization of wellness and support resources Worker's Compensation Incident Rate Departmental Goals Key Priciples 1 - Public Trust: Collaborative, high-performing and transparent decision making 2 - Engagement: Clear, honest, and frequent communication 3- People First: Support staff through professional growth and investment 4- Neighborhoods: Promote stable, safe, diverse and connected neighborhods 5- Community Spirit: Bolster popular Town events 6- Revenue Growth: Responsible and proactive economic development to provide for a stable future Strategic Projects A- Build Walakable Connections in and to Downtown B- Update and Modernize Town Zoning Ordinances C- Invest in Quality and Diverse Mix of Housing for all Phases of Life D- Strategically Promote Economic Development E- Invest in Critical Public Infrastructure 5. Implement a new onboarding process that reduces voluntary turnover by 5% and increases employee engagement. 6. Expand the wellness programs offered to employees and track employee participation of all programs. Human Resources and Risk Management Department The Town of Vinton's Human Resources/Risk Management Department serves as a strategic partner in creating a safe, stable and sustainable work environment, thus enabling employess to support the goals and mission of the Town. 1. Reduce organizational risk exposure through people centered risk controls. 2. Implement fair, measurable performance evaluation processes. 3. Improve training programs to make them relevant, engaging, measurable, and continuous. 4. Provide leadership development, compliance training and skill building programs across the organization. 9       Actual Estimated Projected Performance Measures Treasuer/Finance Department Dept Goals Key Principles Strategic Projects FY24-25 FY25-26 FY26-27 Achieve GFOA Award for Financial Reporting Achieve GFOA Award for Budget Presentation Maintain Tax Collection Rate of over 80% Accounts Payable Checks Processed Journal Entries Processed W-2's & 1099's Processed Registered Transcations Processed Number of Business Licenses Issued Departmental Goals Key Priciples 1 - Public Trust: Collaborative, high-performing and transparent decision making 2 - Engagement: Clear, honest, and frequent communication 3- People First: Support staff through professional growth and investment 4- Neighborhoods: Promote stable, safe, diverse and connected neighborhods 5- Community Spirit: Bolster popular Town events 6- Revenue Growth: Responsible and proactive economic development to provide for a stable future Strategic Projects A- Build Walakable Connections in and to Downtown B- Update and Modernize Town Zoning Ordinances C- Invest in Quality and Diverse Mix of Housing for all Phases of Life D- Strategically Promote Economic Development E- Invest in Critical Public Infrastructure Treasurer/Finance Department The Town of Vinton's Finance Department is committed to providing timely, accurate, clear and complete information support other Town departments, citizens, and the community. 1. Transition to ACH or Wire payments from physical checks printed and mailed 2. Restore the audit process to a timely and efficient annual cycle 4. Continue to decrease uncollected receivables and write-off amounts annually. 3. Develop or outsource a service to support tax collection activities. 3. Reduce the volume of budget transfers and manual transaction reclassifications. 5. Continue to improve customer service in all aspect of operations. 6. Update the Finance Department Policy and Procedures Manual 10 Actual Estimated Projected Performance Measures Public Works Department Dept Goals Key Principles Strategic Projects FY24-25 FY25-26 FY26-27 Lanes Miles Resurfaced DEQ Annual Recycle Reporting Curbside Recycling Tons Collected Street Sweeper Waste Tons Collected Departmental Goals 5. Initiative, Awareness and Investment in the Town by Public Works Staff. Key Priciples 1 - Public Trust: Collaborative, high-performing and transparent decision making 2 - Engagement: Clear, honest, and frequent communication 3- People First: Support staff through professional growth and investment 4- Neighborhoods: Promote stable, safe, diverse and connected neighborhods 5- Community Spirit: Bolster popular Town events 6- Revenue Growth: Responsible and proactive economic development to provide for a stable future Strategic Projects A- Build Walkable Connections in and to Downtown B- Update and Modernize Town Zoning Ordinances C- Invest in Quality and Diverse Mix of Housing for all Phases of Life D- Strategically Promote Economic Development E- Invest in Critical Public Infrastructure 4. Develop critical equipment maintenance schedules to help in maintaining longevity of equipment. Public Works Department 1. Recruit, retain, educate, and cross-train Public Works staff. 2. Continue to work improve and maintain the stormwater infrastructure including our BMP's, stormwater stuctures, etc. 3. Neighborhood sidewalk improvements throughtout Town. The mission of the Public Works Department is to provide the highest quality public works service to the public and other Town Departments. This mission is accomplished throught the prudent use of resources, technology, innovations, teamwork and coordination with oher service providers in the Town, while ensuring that the maintenance, construction, and operations of the public facilities and programs under its care are adequate, safe and serviceable to the satisfaction of its customers. 11 Actual Estimated Projected Performance Measures Police Department Dept Goals Key Principles Strategic Projects FY24-25 FY25-26 FY26-27 Calls for Service 12,708 13,700 14,000 Traffic Safety 1,098 1,892 2,500 Criminal Arrests 537 617 600 Narcotics and Drug Violations 56 61 70 Departmental Goals 6. Promote Regional Collaboration and Emergency Preparedness 7. Improve Traffic Safety Key Priciples 1 - Public Trust: Collaborative, high-performing and transparent decision making 2 - Engagement: Clear, honest, and frequent communication 3- People First: Support staff through professional growth and investment 4- Neighborhoods: Promote stable, safe, diverse and connected neighborhods 5- Community Spirit: Bolster popular Town events 6- Revenue Growth: Responsible and proactive economic development to provide for a stable future Strategic Projects A- Build Walakable Connections in and to Downtown B- Update and Modernize Town Zoning Ordinances C- Invest in Quality and Diverse Mix of Housing for all Phases of Life D- Strategically Promote Economic Development E- Invest in Critical Public Infrastructure 5. Maintain a Safe and Secure Community Through Proactive Policing Police Department The Town of Vinton Police Department exists to protect, serve, and strengthen our community. Guided by integrity, professionalism, and a people-first philosophy, we are committed to preserving public safety, enforcing the law with fairness and compassion, building meaningful community partnerships, and fostering an environment where all individuals can live, work, and thrive with confidence and security. 1. Organizational Excellence - Compensation, Recruitment, Development, and Retaining Exceptional Employees 2. Enhance Employee Wellness and Organizational Resilience 3. Continued Innovation of community events, partnership, and trust 4. Leverage Technology and Innovation to Improve Service Delivery 1,4,7,5 4,5 4,5 1,3,5 1,3 1,2,4 4 4 12 ɜ ɜ ɜ Actual Estimated Projected Performance Measures Community Programs Department Dept Goals Key Principles Strategic Projects FY24-25 FY25-26 FY26-27 Total Number of special events supported, both owned and partner events 1 & 2 5 15 17 20 Host weekly Farmers Market May - September with four special events incorporated throughout the season (Roughly 22 weeks)1 5 NA 22 22 Maintain regular communication with downtown businesses through distribution of bi-monthly business newsletter. 3 2 & 5 NA NA 6 Continue to maintain an up to date contact list of downtown businesses. 3 2 Number of senior events supported 7 & 8 1, 3, 5 - 430 430 Community Center Rental Revenue 2 & 7 5 & 6 - $22,108 $25,000 Departmental Goals Key Priciples 1 - Public Trust: Collaborative, high-performing and transparent decision making 2 - Engagement: Clear, honest, and frequent communication 3- People First: Support staff through professional growth and investment 4- Neighborhoods: Promote stable, safe, diverse and connected neighborhods 5- Community Spirit: Bolster popular Town events 6- Revenue Growth: Responsible and proactive economic development to provide for a stable future Strategic Projects A- Build Walakable Connections in and to Downtown B- Update and Modernize Town Zoning Ordinances C- Invest in Quality and Diverse Mix of Housing for all Phases of Life D- Strategically Promote Economic Development E- Invest in Critical Public Infrastructure 6. Build relationships with senior participants, caregivers, volunteers, TOV staff and community partners by actively seeking their input, addressing concerns, and building trust through transparent communication and genuine efforts to meet their needs. 7. Strengthen partnerships with community organizations, healthcare providers, and others to expand Senior resources, enhance 3.Strengthen partnerships and communication between the Town and downtown business community. 4. Work cooperatively with local organizations to promote the Town of Vinton in regional events. 5. Seek sponsors and partnerships for events and activities. Community Programs Department The Mission of the Community Programs Department is to create, conduct, and promote interesting and unique events and activities for the citizens and visitors to Vinton. 1. Organize and Conduct events at the Vinton Farmers' Market, increase vendor participation, and launch SNAP program. 2. Facilitate events, concerts, distance runs held by other organizations in the Town of Vinton. 13 Actual Estimated Projected Performance Measures Vinton War Memorial Dept Goals Key Principles Strategic Projects FY24-25 FY25-26 FY26-27 Total number of Town sponsored events*2,4,5 2, 3, 6 NA NA 6 Total rental revenue*1,2,35 6 NA NA $200,000 Number of advertisements placed 1 2,5 NA 13 20 Maintain an average client satisfaction survey rating of 4.7 out of 5 stars or higher on post-event surveys* 4,5 3, 5 NA NA 4.8 *renovations impacting fields Departmental Goals Key Priciples 1 - Public Trust: Collaborative, high-performing and transparent decision making 2 - Engagement: Clear, honest, and frequent communication 3- People First: Support staff through professional growth and investment 4- Neighborhoods: Promote stable, safe, diverse and connected neighborhods 5- Community Spirit: Bolster popular Town events 6- Revenue Growth: Responsible and proactive economic development to provide for a stable future Strategic Projects A- Build Walakable Connections in and to Downtown B- Update and Modernize Town Zoning Ordinances C- Invest in Quality and Diverse Mix of Housing for all Phases of Life D- Strategically Promote Economic Development E- Invest in Critical Public Infrastructure 5. Ensure that all staff members are trained to deliver exceptional customer service to event organizers and attendees, with a focus on professionalism, responsiveness, and problem-solving. Vinton War Memorial Originally created as a living memorial in 1948 to honor Veterans, the Vinton War Memorial has evolved into a premier special space nestled in the heart of Virginia's Blue Ridge. Through exceptional customer service, elegant surroundings and community involvement, the Vinton War Memorial strives to meet the needs of our regions social, business, and civic clients. 1. Develop comprehensive marketing strategies to increase awareness of the venue, attract a diverse range of events and clients, and maintain a positive public image through various channels such a social media, advertsing, and partnerships. 2. Foster positive relationships with the local community by hosting events that cater to their interests, supporting community initiatives, and collaborating with local businesses and organizations. 3. Steamline internal processes and procedures to optimize resource utilization and improve efficiency in event planning and execution. 4. Establish quality standards and performance metrics to ensure consistently high-quality services and experiences for event organizers and attendees, with focus on continuous improvement and feedback mechanisms. 14 Actual Estimated Projected Performance Measures Planning and Zoning Dept Goals Key Principles Strategic Projects FY24-25 FY25-26 FY26-27 No. of permits issued No. of code/zoning compliance violations No. of Board of Zoning Appeals Meetings held No. of Community Meetings held No. of Site Plans and Subdivision Plats reviewed No. of Local Regional Committees served on by staff 4. Continue to scan important documents, including permits and minutes, into laserfische. 6. Serve on interdepartmental committees and represent the Town on social media and the website. 8. Continue to collaborate with Departments on items important for Council and Council committees. 12. Continue to address unsafe and blighted properties through the spot blight abatement process. 13. Assist with the planning efforts related to brownfield site assessments, housing studies, and potential economic development sites. 14. Stormwater Management and Administration--VPDES/MS4 Permit and annual report, TMDL Action Plan, etc. 15. Continue staff education to maintain certifications and increase knowledge. Key Priciples 1 - Public Trust: Collaborative, high-performing and transparent decision making 2 - Engagement: Clear, honest, and frequent communication 3- People First: Support staff through professional growth and investment 4- Neighborhoods: Promote stable, safe, diverse and connected neighborhoods 5- Community Spirit: Bolster popular Town events 6- Revenue Growth: Responsible and proactive economic development to provide for a stable future Strategic Projects A- Build Walakable Connections in and to Downtown B- Update and Modernize Town Zoning Ordinances C- Invest in Quality and Diverse Mix of Housing for all Phases of Life D- Strategically Promote Economic Development E- Invest in Critical Public Infrastructure 10. Continue to administer the NFIP requirements and be reaccredited in the Community Rating System (CRS) program. 11. Continue to review and issue the building, trade, zoning, and sign permits for the Town. Planning and Zoning Department The Mission of the Town of Vinton's Planning and Zoning Department is commitment to proactive, community-based planning and code enforcement founded on public participation and also promote health, safety, and prosperity of all present and future residents through effective planning of development/redevelopment of the community. *Breakdown of permits issued: 79 Building, 2 Certificate of Occupancy/Temp. CO/CU, 1 Demolition, 95 Electrical, 0 Erosion and Sediment, 10 Fire Safety, 57 Mechanical, 0 Other, 45 Plumbing, 0 Responsible Land Disturbance, 9 Sign, 0 Utility (well/septic), 81 Zoning, 3 Zoning Pre- Approval. **FY 25-26: 176 Permits have been issued in the first half of FY 25-26, July 1 to December 31, 2025. 2. Continue to review and update the Comprehensive Plan and Zoning Ordinance. 3. Continue to maintain, label, and add to the database of plans and maps on file; and to scan small format site surveys into Laserfiche. 1. Continue to enforce/enact amendments to zoning/sign/subdivision ordinance sections and other applicable Town codes. 15 Actual Estimated Projected Performance Measures Economic Development Dept Goals Key Principles Strategic Projects FY24-25 FY25-26 FY26-27 Administer Econ. Dev. Performance Agreements 1, 2, 4, 5 1, 6, D, E 8 8 9 Business Rentention Visits 1, 2, 3 2, 6, D 12 12 12 Prospect Site Inquiries 1, 2, 4 1, 2, 6, A, C, D 20 20 20 Represent Vinton on Regional & State Econ Dev Related Committees 1, 2, 3, 5 1, 2, D 8 8 8 Manage EPA Brownfields Assessment Grant 2, 4, 5 1, 4, C, D 1 1 1 External Grants, Programs or Partnerships Leveraged 1, 2, 5 1, 4, 6, A, C, D, E 3 3 3 Sales Tax Revenue 1, 2 6, E 1,638,392.38 1,588,645.64 1,650,000.00 Meals Tax Revenue 1, 2 6, E 2,097,342.83 2,114,399.67 2,100,000.00 Departmental Goals 4. Encourage redevelopment of vacant properties. Key Priciples 1 - Public Trust: Collaborative, high-performing and transparent decision making 2 - Engagement: Clear, honest, and frequent communication 3- People First: Support staff through professional growth and investment 4- Neighborhoods: Promote stable, safe, diverse and connected neighborhods 5- Community Spirit: Bolster popular Town events 6- Revenue Growth: Responsible and proactive economic development to provide for a stable future Strategic Projects A- Build Walakable Connections in and to Downtown B- Update and Modernize Town Zoning Ordinances C- Invest in Quality and Diverse Mix of Housing for all Phases of Life D- Strategically Promote Economic Development E- Invest in Critical Public Infrastructure 5. Leverage external grant funding to maximize economic development opportunity within the Town. Economic Development The Mission of the Department of Economic Development is to develop and maintain a positive business atmosphere in order to promote and appropriate mix of business for the purpose of increasing the local tax base and to enhance employment opportunites, while preserving a high quality of life for Town residents. 1. Help foster a culture that embraces entrepreneurship that helps grow and retain local businesses. 2. Establish and manage local incentives, remove development obstacles and develop the infrastructure necessary to promote a diverse and sustainable 3. Enhance relationships with existing businesses. 16 Department Budgeted Full Time Positions FY23-24 Budgeted Full Time Positions FY24-25 Budgeted Full Time Positions FY25-26 Budgeted Full Time Positions FY26-27 Town Council 5.00 5.00 5.00 5.00 Administration 3.00 3.00 3.00 3.00 Finance 5.00 5.00 7.00 7.00 HR & Risk Management 1.00 1.00 1.00 2.00 Police Department 27.00 27.00 27.00 28.00 Public Works 22.00 22.00 24.00 23.50 Buildings and Grounds 2.00 2.00 2.00 2.00 Community Programs 1.00 1.00 1.00 2.00 Vinton War Memorial 3.00 3.00 2.00 4.50 Planning & Zoning 4.00 4.00 4.50 4.50 Economic Development 1.00 1.00 0.50 0.50 TOTAL 74.00 74.00 77.00 82.00 DEPARTMENT POSITION SUMMARY 17 TOWN OF VINTON GENERAL INFORMATION The Town of Vinton provides small town character with urban services and amenities located nearby. The small-town atmosphere is characterized by a low crime rate, small locally and regionally owned businesses, and moderately priced homes. Views of the mountains and Blue Ridge Parkway abound. Vinton represents the ideal type of community, small enough to provide a feeling of “belonging”, yet progressive enough to provide the facilities, services, and conveniences that are necessary to make a community “home” to its citizens. The Town of Vinton has a rich history beginning before its charter on March 17, 1884. As far back as the mid-1700’s those moving into the Roanoke Valley settled here to take advantage of the fertile land and abundant water supply. Early settlers played a vital part in the establishment of the community, such as the first official name for the area as “Gish’s Mill” and ultimately the name Vinton. Perhaps one of the greatest mysteries about Vinton is the unknown origin of the name of Vinton. Many credit B. A. Jones, a local merchant, with deriving the name from two prominent families in the area, the Vinyard’s and the Preston’s. Following incorporation, Vinton experienced continued development, much of which resulted from the spin-off of economic growth occurring in Roanoke County. The economic and social linkage formed between Roanoke and Vinton in the late 1800’s has continued through to the present. Vinton is a town in Roanoke County, Virginia, United States. The population was 8,056 as of the 2025 census. Vinton is part of the Roanoke Metropolitan Statistical Area and the Roanoke Region of Virginia. History Demographics 18 According to the United States Census Bureau, the town has a total area of 3.2 square miles (8.2 km²), all of it land. The southern border of Vinton consists of 1.5 miles of lakefront in the Roanoke River Gorge. This lake, however, which was created by the 1904 construction of the hydroelectric Niagara (so-called) dam, is not visible from any inhabited part of the town, is difficult to reach, and is little used. Vinton has varied topography, considering its small size. The above-mentioned lake is at an elevation of 890'. The Vinton side of the lake consists of a steep, wooded cliff 150' in vertical height. Vinton's highest point is on Olney Rd., at an elevation of 1265', which affords spectacular views of the adjacent City of Roanoke, at least for people with houses favorably positioned. As of the census of 2025, there were 8,056 people and 3,655 households residing in the town. The population density was 2,590.1 people per square mile (947.8/km²). There were 3,981 housing units at an average density of 1,093.4/sq. mi (422.8/km²). The racial makeup of the town was 90% White, 3.8% African American, 2.8% Hispanic or Latino (of any race), 0.5% Asian, and 2% from two or more races. In the Town, the population is spread out with 18.7% under the age of 15, 13.8% 15 to 24 years, 27.1% under 44, 22% under 64, and 18.3 65 years of age or older. The median age was 37.2 years. The median income for a household in the town was $64,445. The per capita income for the town was $40,767. The percentage of the population below the poverty line is 10.5%. In Vinton, the largest employers include Berkshire Health & Rehabilitation Center (200), Precision Fabrics Group, Inc. (185), Kroger Food Center (185), Roanoke County Schools (161), Rosie’s Gaming Emporium (104), Vestis (50) and Penalty Box Partners- Lancerlot (45). In Roanoke County, the Roanoke County School System is the largest provider of jobs, with more than 2,000 employees. Other major employers include Wells Fargo Operations Center, Roanoke County Government, Kroger, Friendship Retirement Community and Richfield Recovery & Care Center. The Town and County have Employers 19 invested in several business parks that are looking for tenants, including the Vinton Business Center, home to Cardinal Glass. For the 2025-2026 school year, there were 13,736 students enrolled in Roanoke County schools from grades kindergarten through High School. With approximately 1,127 students, William Byrd High School is one of the largest in Roanoke County. Attendance levels in the Vinton school zone are as follows: William Byrd Middle School - 827 students, Herman L Horn – 407 students, and W. E. Cundiff – 490 students. Education 20 21 May 19, 2026 Honorable Mayor and Members of Town Council: After careful review, staff and I are pleased to submit the FY27 Proposed Budget to Town Council. This year’s budget represents a balanced budget with a cautiously optimistic outlook, considering the economic uncertainty present at the state and national levels. The proposed FY27 Budget for the General Fund totals $15,404,943, which represents an increase of 13.63% or $1,847,762 over the previous fiscal year. The proposed FY27 Budget for all funds totals $17,203,943, which represents an overall increase of 22.35%. This overall increase for all funds is primarily due to the large transfer of funds from the General Fund to the Capital Fund for one-time projects. RECOMMENDED BUDGET ALLOCATION BY FUND Allocation by fund, as well as a comparison to the previous FY27 budget, is as follows: Proposed FY27 Adopted FY26 $ Variance % Variance General Fund 15,404,943 13,557,181 1,847,762 13.63% Grant Fund 4,000 4,000 - 0.00% Capital Fund 1,795,000 500,000 1,295,000 259.00% Total 17,203,943 14,061,181 3,142,762 22.35% The purpose of the annual budget is to plan necessary operating and capital expenditures within current revenue forecasts to implement the goals and objectives as outlined within Town Council’s Strategic Plan. The budget committee has updated a multi-year revenue forecast with information included in graph format below. This document represents the staff’s commitment to deliver effective and efficient services to its Town citizens in a fiscally responsible and transparent manner. We encourage you to focus your attention on the objectives in each department that are supported with the funding for the FY27 Proposed Budget. With the continuing partnership between Town Council, Town employees, and individual and corporate citizens alike, we will continue to search for ways to be innovative in delivering services to the citizens of the Town of Vinton. BUDGET FOCUS The review and adoption of the Annual Operating and Capital Budgets represent some of the most important policy-making responsibilities of the Mayor and Town Council. The budget is more than just the legal document appropriating funds; it establishes priorities among competing governmental Richard W. Peters, Jr. Town Manager Town of Vinton 311 S. Pollard Street Vinton, VA 24179 Phone (540) 983-0607 Fax (540) 983-0626 22 services, all of which have dedicated constituencies. The Town Council must also establish service levels based on the priorities and within the fiscal capacity of the Town. In spring 2026, Town Council approved and ratified the Town of Vinton Strategic Plan for 2026-2030. Preparation of this FY27 Proposed Budget was guided by the Vision of that Plan: The Town of Vinton desires to be a regional destination that blends small-town charm with forward-thinking growth. We deliver well-maintained infrastructure, offer diverse housing, and provide exceptional public services and amenities for all. Our historic downtown is the heart of the walkable, vibrant community where businesses thrive and people gather.  Council members and staff worked together to develop key principles for the Strategic Plan to guide our implementation efforts and the budgeting process. These include the following: • PUBLIC TRUST | Collaborative, high-performing and transparent decision-making. • ENGAGEMENT | Clear, honest, and frequent communication. • PEOPLE FIRST | Support staff through professional growth and investment. • NEIGHBORHOODS | Promote stable, safe, diverse and connected neighborhoods. • COMMUNITY SPIRIT | Bolster popular Town events. • REVENUE GROWTH | Responsible and proactive economic development to provide for a stable future. BUDGET OVERVIEW Town Council’s commitment to sound fiscal decision-making is again reflected in this budget as in previous years. The citizens of Vinton expect quality services, prompt snow removal, professional law enforcement, professional land use and development guidance, superior community and public facilities, clean and well-maintained streets, thriving neighborhoods, responsive solid waste and recycling collection and many other quality municipal services. Our citizens also expect that these services be provided with minimal reliance on real estate taxes. Revenues: The Town has largely experienced positive growth across a primarily consumer-based revenue budget, which speaks to a growing economy within the Town and our surrounding geographical neighbors. For several years after the Great Recession of 2009/10, the revenue growth in the Town of Vinton was less than 1.0%, which led to difficulty in keeping up with increased personnel, equipment and supply costs. During 2018, after almost a decade of slow growth, the Town began to see a more consistent growth trend and was able to prioritize expenditures that had been placed on hold for most of the past decade. As of July 1st 2022, the Town finalized the transfer of the Town’s Water and Waste-water Utility System to the Western Virginia Water Authority (WVWA). Terms of the sale included the Town retaining the remaining balance of the Utility Fund, the WVWA assuming all utility-related debt, and additional cash payments made to the Town over a three-year period. Proceeds from the sale of the system have been allocated to reserves and will be the Town’s primary source to fund the Capital Improvement Program (CIP) over the next 5 years. Those payments have now ended, so fund balances are being used from those payments to fund some CIP expenditures. The transfer of the utility system to the WVWA has provided numerous advantages for the Town to include rate stability for the Town’s citizen and commercial customers and ensures much-needed capital replacement investment for the aging water and waste-water utility infrastructure. The transition has also allowed the Town’s existing Public Works Department to concentrate on the 23 remaining core services of street maintenance, refuse collection and recycling, storm-water infrastructure management and snow removal, in addition to taking on much-needed community development projects. General Property Taxes: General property tax revenue accounts for 8.07% of the Town’s total general fund revenues and is comprised of Real Estate, Personal Property and Public Service Corporation Taxes. The current Real Estate Tax Rate of $0.07 per $100 of assessed value will remain unchanged in Fiscal Year 2027. Town Residents also pay Roanoke County $1.03 per $100 on real estate tax. The Town is forecasting this tax revenue source to increase despite the assumption of a level tax rate due to the increase in property assessments. 24 The current Personal Property Tax Rate of $1.00 per $100 of assessed value and the Vehicle Licensing Fee (VLF) will remain unchanged in Fiscal Year 2027. Town Residents also pay Roanoke County $3.40 per $100 on personal property tax. With the inventory stabilization in new vehicle availability, the Town anticipates a slight decrease in the value of the used car stock over the previous year’s valuations. For this reason, the Town is forecasting for this tax revenue source to decrease in the short term despite the assumption of a level tax rate. Sales Tax: The Town of Vinton receives a share of state sales tax revenue as a percentage of the Town’s population compared to Roanoke County’s population and then multiplied by the total Roanoke County tax received. Sales Tax revenue is one of the top five General Fund revenue sources for the Town of Vinton and currently makes up just shy of 11% of the Town’s total revenue. 25 Meals Tax: The Prepared Food Tax (Meals Tax) is a top revenue source for Vinton with no proposed change from its adopted rate of 6.0% for the FY27 Proposed Budget and represents approximately 14% of the Town’s total revenue. This revenue continues to grow due to both new restaurants in Town and increased traffic at those restaurants. Business License Tax: Business License Taxes are determined on the anticipated gross receipts of businesses based in and operating within the Town limits. Rates vary across the five classification categories of Retail, Business Services, Professional/Financial Services, Wholesale and Contractor. Staff is forecasting modest growth in the anticipated revenue from this source based on recent trends, which is another sign that the local economy continues to do well. This revenue source currently represents approximately 6% of the Town’s total revenue. 26 Pari-mutuel Tax: After long being vacant, the off-track betting facility formerly known as Colonial Downs, reopened as Rosie’s Gaming Emporium in May of 2019 with 150 Historic Horse Racing Terminals (HHR). During the onset of the COVID-19 pandemic in March of 2020, the facility was closed to the public for a brief period and then allowed to reopen with limited capacity, although was still able to outperform revenue expectations. In late 2021, Rosie’s opened an extensive expansion to add an additional 18,000 square feet of floor space, a parking deck, an entertainment stage and an additional 350 HHR terminals for a grand total of 500. This expansion has resulted in a significant increase in attendance and resulted in higher than anticipated revenue growth over the previous years. The Town has adjusted forecasts and anticipated this revenue source to be a consistent and stable revenue sector for the Town for the foreseeable future. In recent years, pari-mutuel Tax generated approximately 10% of the Town’s total revenue and the anticipated revenue stream is forecasted for continued growth as the Town’s revenue is based on a percentage of the pools for Historic Horse Racing (HHR) terminals and Satellite Horse wagering from across the entire state. The Town will continue to monitor and revise forecasts accordingly. An overarching goal of the Town is to utilize this revenue stream for capital projects as much as possible. Beginning in July 2026, state law has changed to allow for satellite facilities, such as the one in Vinton, to receive 100% of the pari-mutuel revenues generated at the facility as opposed to a 50/50 split between the satellite facility and the live horse racing host locality. This represents a significant increase in the anticipated pari-mutuel revenues in the FY27 Proposed Budget, making pari-mutuel revenue almost 23% of General Fund revenues. Keeping in line with the Town’s conservative approach to budgeting pari-mutuel revenues, all of this new increase is being dedicated to capital projects. 27 Use of Fund Balance: Due to the large number of one-time expenses in the FY27 Proposed Budget, staff and I deemed it prudent to budget for a use of fund balance in the revenue budget. The Town’s revenue streams combined with good fiscal management by department heads have produced budget surpluses in recent years. These surpluses allow the Town to undertake one-time projects and activities without majorly impacting the operating revenues of the Town. The FY27 Proposed Budget allocates $736,500 of fund balance for one-time economic development incentives. Any use of fund balance not needed in the budget will be returned to the general fund’s unassigned fund balance at the end of the fiscal year. Moreover, if revenue streams outpace budget in real time, then no use of fund balance may be needed to be used. Expenditures: In Fiscal Year 2026, revenue continued to outperform expectations across most accounts, despite concerns of supply chain demands, increased fuel prices and as other inflationary economic conditions persisted. Utilizing the unanticipated additional revenues received over projected budget, Town Staff presented numerous recommendations to Council during a budget work session in April 2026 to include salary cost of living adjustment for all employees, paving and improved infrastructure, enhanced special programs, major equipment purchases, and economic development incentives within the FY27 Proposed Budget. As part of the Utility System transfer to the WVWA, Town staff was also able to negotiate two necessary and significant expenditure reductions within the Refuse Collection and E911 Communication Budgets for services shared by both the Town and Roanoke County. These expenditure reductions were incorporated within the existing 2019 MOU with Roanoke County to memorialize the cost sharing initiatives and will again be reviewed in 2025. Despite the higher than anticipated revenue growth during the closing fiscal year, staff continues to budget expenditures from a conservative approach to maintain the core government functions of the respective departments, while also providing maximum flexibility to account for possible unanticipated slowdowns within the local and national economies. Town policy dictates that the operations budget of the Town be balanced with operational revenues. That policy goal is met in this budget. Personnel: The Town has an excellent reputation for being a desired employer as well as having outstanding employees who are committed to providing the best possible service to the community. The budget provides for no increase in the number of full-time positions that were not in the previous year’s amended budget. The Town is also able to provide a 3% Cost of Living Adjustment (COLA) for all employees and absorb the increased cost of employee health insurance in the FY27 Proposed Budget. Regarding personnel, funding is included in the FY27 Proposed Budget to provide the following:  The Town will continue to encourage employee professional development through training opportunities and tuition reimbursement for continuing education.  No changes to health insurance premiums for employees.  Fully fund the Town’s VRS Employee Contribution. 28  3.0% COLA for all positions.  End-of-Calendar Year Gratuity Bonus Land-use Development and Regulatory Functions The Planning and Zoning Department continues to provide general oversight of development activities to ensure they meet the Town's zoning requirements and land use policies in order to preserve and enhance the quality of life of Town's residents, increase homeownership, and attract private developers and businesses to invest in the community. Planning and Zoning Department staff are responsible for the regulatory oversight of the Town’s Code Enforcement activities and administration of the storm-water management program for the Town, including the Town’s Municipal Separate Storm Sewer System (MS4) permit, annual report, and the Total Minimum Daily Load (TMDL) Action Plans for sediment and bacteria. Economic Development & Community Revitalization The Town continues to focus revitalization efforts to facilitate housing rehabilitation, improve the community’s walkability, enhance our transportation corridors and encourage the redevelopment of targeted underutilized commercial properties. Key areas of focus for the Town’s redevelopment initiatives will continue to emphasize “In-Fill” and “Up-Fill” development by targeting underutilized properties to market for new business ventures. While this approach primarily addresses the issue of the Town being essentially landlocked and with few large parcels of undeveloped space to actively market, this approach also can prove to be financially beneficial to the prospective developer or business owner looking to expand. In the coming year, the Town has allocated one-time funds for incentive payments for the rehabilitation of the Gish Mill Property into a mixed-use commercial property that will feature a restaurant, seasonal market and a VRBO-style hospitality component begin to take shape. The Town also expects continued growth in the Downtown area with continued investment in both infrastructure and incentives. The Town will continue to seek funding opportunities from various state and federal agencies to encourage neighborhood rehabilitation and attract mixed-use and higher density residential development. The Town will continue to partner with the Greater Roanoke Transportation Company (GRTC) in the new year to maintain public transit routes within the Town to key commercial, public services and residential activity centers, such as Lake Drive Plaza, Washington Avenue and South Pollard Street, as this service is key to supporting workforce needs of the many emerging recreational, hospitality, restaurant, and retail businesses located along the route. The Town has been awarded over $10M in transportation-related grants from the Virginia Department of Transportation (VDOT) over the next 5 years to enhance walkability by adding signalized pedestrian crosswalks at key locations to connect our exterior neighborhoods to the blossoming downtown business district and to develop our sidewalk and expanding greenway connectivity with the Glade Creek Greenway and by incorporating bike and pedestrian accommodations along Walnut Avenue from West Lee Avenue to the western town limits. The Town will continue to focus on improving road conditions through an extensive paving program and continue to replace and update vehicles and equipment. 29 Grant Fund: The Town elected to separate the grant funding and expenditures into a separate fund in the accounting system due to the volume and dollar value of the grants being awarded to the Town over the past several years. This fund is considered a multi-year fund and assists with grant tracking to ensure that the grant funds are being used to the greatest benefit of the Town. For reporting purposes, this will be a component of the General Governmental Fund. The Town Council approves new grants and funding as they come in throughout the year, so the budget is amended in real time as those awards are made. Capital Fund: In Fiscal Year 2020, the Town re-opened the Capital Fund for the first time since it was closed at the onset of the 2008 recession. In FY27, after slowing down pursuing capital projects in the last fiscal year, the Town Manager is recommending $1,795,000 for one-time expenditures in the Capital Fund primarily funded by the increase in pari-mutuel revenue. The largest part of the Capital Fund is the focus on two future construction projects: a police training and storage center and updates to the community center, totaling just over $1.1M. The rest of the capital fund expenditures focus primarily on one-time equipment purchases. Town Council was presented the Capital Improvement Plan worksheet at a Council Budget Retreat in April 2026. The Planning Commission reviewed the plan in April, as required by the Town’s Comprehensive Plan. Conclusion Members of the Town staff will be available to assist and support the Town Council during your deliberation on this Budget. We will provide any additional information or data you may need on the objectives and proposals included in this document. Copies of the FY27 Proposed Budget are available in the Town Manager’s Office, as well as the Treasurer’s Office and on the Town’s web site at www.vintonva.gov. Finally, a document of this size and magnitude is a product of many individuals. This Budget would not be possible without the contributions of our Town Council, the Council Finance Committee, Deputy Town Manager Cody Sexton, Finance Director Tiffany Steward, Treasurer Kimberley Ramsey, Town Clerk Megan Lawless, Human Resources/Risk Management Director Donna Collins, the Town Leadership Team, and supporting staff throughout our organization. Respectfully, Richard W. Peters, Jr. Town Manager 30 This budget document, the annual fiscal plan, is created as a means of communicating to our citizens the activities and goals for the Town in the upcoming fiscal year based on financial activities and policies included in this document. The budget plan covers a 12- month period beginning July 1st and ending June 30th, also known as the Town’s fiscal year. The budget document identifies the resources required to meet these goals and details how those requirements will be met. The budget is used as a working plan to assist Town management in ensuring that decisions made as part of day-to-day operations are consistent with the Town’s strategic plan. Considering that the budget is a plan, it may be amended during the year by the Town Council to reflect revised priorities or a changing financial environment. There are three different budgets presented in this document: General Fund, Grant Fund, and Capital Fund. General Fund: The General Fund budget is component of the Governmental Fund provides for the administration of the Town and the delivery of goods and services not required to be accounted for in other funds. The General Fund is primarily used for delivery of services to the community by Town departments, and is funded by general property taxes, other local taxes, licenses, permits, fees, and other sources. Grant Fund: The Grant Fund budget is a sub-fund of the General Fund but is accounted for separately for tracking purposes and to ensure that grant funds are being used to the greatest benefit of the Town. The sub-fund allows for better reporting of cash flow use and keeps departmental budgets in the General Fund from showing trend changes due to grant inflation. Capital Fund: The Capital Fund is a component of the Governmental Fund, specifically identified as a Capital Projects fund, but is accounted for separately from the General Fund for tracking purposes and allow for unspent funds to roll-forward on a committed basis. The Capital Fund is currently fully funded by a transfer from the General Fund. The general fund budget portion of the document is structured in increasing levels of detail, starting with budget summaries that state the budget in the broadest of terms. Expenditures and revenues are presented for each Fund in total dollars by source and use. The definition of a Fund and the different Funds utilized by the Town are found in the Budgetary Accounting section of this narrative. Following this break down is a Revenue Summary listing each revenue item for the Town. The revenue detail summaries are followed by a full-time personnel summary count by department. Prior year actual amounts, current year revised budget amounts and the upcoming fiscal year approved budget are represented for each level of detail. Finally, the document provides The Budget Overview 31 a narrative for each department indicating the function, activities and resources of each department and any changes that are being made to the department for the budgeted fiscal year. The operating budget process begins with the distribution of Capital Improvement Request Forms to each Department Head during the fall which is due by the end of the calendar year so they can be reviewed and scheduled for a presentation to the Planning Commission. Later in the year, budget forms for personnel and operating budgets are distributed to departments with a due date of January 31st. Letters to Community Organizations are mailed in January indicating that their request for funding are due back to the Town Manager’s Office by February 5th for review. These organizations may be invited to make a presentation to Town Council at a future Council Meeting. Department submissions are reviewed and analyzed by the Council Finance Committee consisting of two members of Council, the Finance Director, Treasurer, and the Deputy and Town Manager. A process is created at these meetings to balance the revenue and expenditure requests. Mid-March the public hearing notices are advertised for the Real Property tax rates in order to set the rates for the new tax year. Beginning in late March to early April the budget is presented to Council in a budget work session. The Town Manager, Deputy Town Manager, and Finance Director make a detailed presentation of the proposed budget to Council. After these presentations, Council holds additional work sessions, if needed, to discuss the budget and make changes. After careful consideration and deliberation on staff and citizen input, the preliminary budget, as modified for additions and deletions, is advertised for adoption by the Town Council. At a Regular Council Meeting during May or early June, Town Council approves the Budget through an ordinance. The ordinance places legal restrictions on expenditures at the departmental level. A department total or budget category can only be revised by the official action of Town Council, or the Finance Committee for amounts less than $10,000. The authority of the Town Manager to transfer up to $10,000 budgeted amounts within a department code is provided in the Intradepartmental and Interdepartmental Transfer Policy, approved by Council. Per this Policy, the Council Finance Committee is also allowed to approve budget fund transfers between departments not to exceed $10,000. Request to amend the budget are presented to Council formally through a written report outlining in detail the purpose of the request. A resolution is adopted in a regular Council Meeting for the actual dollar amount appropriating the amount to the line item in the budget from the revenue source. Once Council has approved a resolution for a budget amendment, the Town Clerk provides a copy of the signed resolution to the Finance Department and the budget amendment is made in the accounting system. 32 The Town’s financial operations are budgeted and accounted for by “funds.” A fund is a separate and self-balancing accounting unit with its own specific revenues, expenditures, and general ledger. Separate funds established by the Town include: 1. General Fund 2. Grant Fund 3. Capital Fund The Town’s budgets are adopted on a basis consistent with Generally Accepted Accounting Principles (GAAP) applicable to governments. All funds are budgeted using a modified accrual basis of accounting with revenues being recorded when the funds are received and expenditures recorded when the good or services are received and the liabilities incurred. The Governmental Fund (which includes the General Fund, Grant Fund, and Capital Fund) Audited Financial Statements are prepared on a modified accrual basis of accounting, which is the same as the budget method. The Town defines a balanced budget as all revenues meeting all expenditures. For clarification, this can be accomplished with use of Fund Balance in the revenue budget section. Monthly Financial Reports are prepared for Departments, Administration and Council providing them month-to-date expended, encumbrances, year-to-date expended and remaining balance information. Also, at the time of posting of Purchase Orders and Accounts Payable a check on the balances in the expenditures accounts is required. The Town Manager may transfer up to $10,000 in budget funding within a department code based on the resolution passed by the Town Council. Any budget transfers between departments up to $10,000 may be authorized by the Town Finance Committee, composed of two Council Members. Any additional appropriation of revenue or expenditure transfer greater than $10,000 must be taken before the Town Council for approval. In addition, per Virginia State Code, any budget amendment that exceeds 1% of the adopted budget may not be accomplished without first advertising and conducting a public hearing. The Town of Vinton Council has approved Financial Policies for General Fund Reserves, Grants, Investments, and Intradepartmental and Interdepartmental Transfers. The Town is required to follow Virginia State Code guidelines for debt issuance. A summary of the Town policies is included below: 33 Debt Policy: Per Article VII. Of the Constitution of Virginia, no city or town shall issue any bonds or other interest-bearing obligations which, including existing indebtedness, shall at any time exceed ten per centum of the assessed valuation of the real estate in the city or town subject to taxation, as shown by the last preceding assessment for taxes. General Fund Unassigned Fund Balance Policy: The Town shall strive to maintain a General Fund Unassigned Fund Balance not to fall below two months of budgeted General Fund Revenues, the policy floor, and the Town will target to maintain an Unassigned Fund Balance equal to four months of budgeted General Fund Revenues, the policy target. The policy approved by Council sets the floor and target to address economic uncertainty, an emergency reserve, and working capital needs. The Town Treasurer is authorized to use the unassigned fund balance during the year for cash flow needs. Grant Policies and Procedures: The grant policy is to ensure proper oversight of all funds appropriated to the Town, to minimize the Town’s risk of non-compliance with grant requirements, and to ensure proper administration and accounting of all grants. Intradepartmental and Interdepartmental Transfer Policy: The Town Manager may move up to $10,000 within a department account by signature or between department accounts with approval of the Finance Committee. All transfers appropriated new revenue budget or moving more than $10,000 must be taken to Council for final approval. Purchasing Policy & Procedures: This policy is adopted to guide the Town of Vinton in obtaining high quality goods and services at reasonable cost, in conducting all procurement procedures in a fair and impartial manner with avoidance of any impropriety or appearance of impropriety. The Town of Vinton provides an equal competitive opportunity to all vendors by promoting competitive bidding and/or negotiation, while establishing and maintaining trust, confidence, and cooperation with all vendors. The statutes governing the procurement of goods and services by government entities is contained in the Virginia Public Procurement Act (VPPA). Statement of Investment Policy: The policy governs overall administration and management of funds held in the Town’s investment portfolio. The portfolio shall be managed in line with the following hierarchy of objectives; the preservation of principal, maintenance of liquidity, and maximize return. The average maturity of the operating fund portfolio will not exceed one (1) year. Reserve funds and other funds with longer-term investment horizons may be invested in securities exceeding five (5) years if the maturity of such investment is made to coincide as nearly as practicable with expected use of funds. 34 December 1, 2025 Budget Call Letter Sent to Departments January 9, 2026 Mail Letters to Community Organizations January 9, 2026 CIP Budget Submissions due from Departments February 9, 2026 Operating Budget Submissions due from Departments March 17, 2026 Budget Work Session April 7, 2026 Public Hearing and Adoption of Tax Rates April 14, 2026* CIP Presentation to Planning Commission April 21, 2026 Proposed Budget Discussion at Finance Committee May 5, 2026 Manager’s Council Briefing May 19, 2026 Public Hearing on Budget June 2, 2026 FY27 Budget Adoption Proposed FY27 Budget Calendar 35 0000 NON DEPARTMENT 1110 TOWN COUNCIL 0000 UNDEFINED 1211 TOWN MANAGER'S OFFICE 1000 DMV OT GRANT AY19 1221 LEGAL SERVICES 1001 DMV OT GRANT AY20 1222 HUMAN RESOURCES 1002 DMV OT GRANT AY21 1224 INDEPENDANT AUDITOR 1003 DMV OT GRANT AY24 1240 DONOT USE 1004 DMV OT GRANT FY23 1241 TREASURER'S FINANCE DEPARTMENT 1005 DMV OT GRANT AY25 1310 BOARD OF ELECTIONS 1100 EMERGENCY SERVICES GRANT 3100 POLICE DEPARTMENT 1105 LE BLOCK GRANT 3140 COMMUNICATIONS/911 SVCS 1109 DCJS: ACCREDIATION 3210 FIRE AND EMS BUILDING 1110 DCJS LIVE SCAN GRANT 3510 ANIMAL & PEST CONTROL 1111 AY21 DCJS BODY WORN CAMERA 4100 PUBLIC WORKS ADMIN 1112 WELLNESS GRANT: 1ST RESPONDERS 4120 MAINT- HWYS STREETS BRIDGES 1113 DCSJ: Op Ceasefire F &A Tech 4132 TRAFFIC SIGNS & STREET LIGHTS 1115 21ST CENTURY POLICING GRANT 4133 SNOW & ICE REMOVAL 1116 CESF - Covid ER Supp Fund CY22 4200 REFUSE COLLECTION OPERATIONS 1200 BVP VEST GRANT AY19 4220 STREET & ROAD CLEANING 1201 BVP VEST GRANT AY20 4230 REFUSE COLLECTION 1202 BVP VEST GRANT AY21 4270 RECYCLING 1250 BRYNE JAG 4300 BUILDINGS & GROUNDS 1300 FIRE PROGRAMS GRANT 7100 V.WAR MEMORIAL & CENTER 1301 DMV-HSG-TRAFFIC SERVICE 7131 SR CITIZENS PROGRAM 1305 DMV DUI TASKFORVCE GRANT AY19 7132 SWIMMING POOL AND PARKS 1306 DMV DUI TASKFORVCE GRANT AY20 7150 SPECIAL PROGRAMS 1307 DMV DUI TASKFORVCE GRANT AY21 7270 WAR MEMORIAL 1310 VDOT TA GLADECREEK GRNWY PH2 8100 PLANNING & ZONING 1311 AY21 GLADECREEK GRNWY PH2B 8800 DEBT SERVICE 1320 CCD NEIGHBORHOOD PLANNING 9500 STORMWATER ADMIN 1321 Housing Study:Bypass/RiverPark 1325 BROWNFIELD GRANT 1326 EPA Brownsfield Grant AY24 20010000 CAPITAL FUND ASSET NONDEPT 1330 EPA BROWNFIELDS ASST GRANT 20011104 TOWN COUNCIL 1340 Energy Audit Training 20012114 TOWN MANAGERS OFFICE 1350 GISH MILL STUDY GRANT 20012224 HUMAN RESOURCES RISK MGMT 1360 VIDA TAF GRANT PROGRAM 20012401 FINANCE 1370 2020 CENSUS GRANT 20012414 TREASURERS OFFICE FIN DEPT 1380 7 WALNUT VBAF 20031003 GR INTERGOVERNMENTAL REVENUE 2000 CARES ACT FUNDING 20031104 POLICE DEPARTMENT 2005 CARES ACT UTILITY ASSISTANCE 20031404 ANIMAL CONTROL COMMUNITY SVCS 2010 ARPA FUNDING 20032003 CAP UNRESTRICTED INV EARNINGS 2015 ARPA UTILITY ASSISTANCE 20035003 GR OTHER 2020 2020 FEMA COVID19 20041104 HIGHWAY MAINTENANCE ADMIN 2110 VML RISK MANAGEMENT 20041324 TRAFFIC SIGNS & STREET LIGHTS 2120 ARBOR DAY 20042004 REFUSE OPERATIONS 2121 Tree Inventory Grant 20043104 BUILDING AND GROUNDS ADMIN 2130 CCD NEIGHBORHOOD PLANNING 20043204 GENERAL PROPERTY 2140 WALNUT AVE BIKE PED 5TH WEST 20043404 DOH & ANNEX BUILDING 2141 WALNUT AVE BIKE PED LEE 1ST 20071104 PARKS REC ADMIN 2142 GUS NICKS PEDESTRIAN CROSSWALK 20071324 SWIMMING POOL PARKS 2143 HARDY RD MCBLK PED XWALK 20071504 SPECIAL PROGRAMS 2145 AY21 DHR GISH MILL GRANT 20071604 WAR MEMORIAL 2150 AY21 IRF ECON DEV GRANT 20071704 VETERANS MONUMNENT 2160 VA Outdoors Foundation Grant 20071804 SENIOR PROGRAM 2170 SLAF Woodland Place 20072204 TOWN MUSEUM 2175 Wolf Creek Grnway 20081104 PLANNING ZONING 2180 RKE Outside Grant 20081504 ECONOMIC DEVELOPMENT 2200 FARMERS MARKET SNAP PROGRAM 20099990 CAPITAL FUND TRANSFERS 20099993 TRANSFERS IN ANNUAL OPERATING BUDGET FUNCTIONAL UNITS Department Capital Fund Codes Grant Codes 36 General Fund Grant Fund Capital Fund Total Revenues General Property Taxes 1,297,587$ -$ -$ 1,297,587$ Other Local Taxes 7,783,845$ - - 7,783,845 Permits and Fees 7,645$ - - 7,645 Fines & Forfeitures 70,214$ - - 70,214 Use of Money 75,000$ - 100,000 175,000 Use of Property 20,460$ - - 20,460 Charges for Services 15,509$ - - 15,509 Charges for War Memorial 104,894$ - - 104,894 Miscellaneous Revenue 1,388,500$ - - 1,388,500 Recovered Cost 78,623$ - - 78,623 Non-Categorical Aid 462,259$ - - 462,259 State Sales Tax 1,650,000$ - - 1,650,000 Categorical Aid 1,713,906$ - - 1,713,906 Use of Fund Balance 736,500$ - - 736,500 Grant Revenue - 4,000 - 4,000 Transfer In - - 1,695,000 1,695,000 Total Revenue 15,404,943$ 4,000$ 1,795,000$ 17,203,943$ Expenditures Personnel 7,690,280$ -$ -$ 7,690,280$ Operating 5,085,148$ 4,000 - 5,089,148 Capital -$ - 1,795,000 1,795,000 Debt 934,515$ - - 934,515 Transfers 1,695,000$ - - 1,695,000 Contingency - - - - Total Expenditures 15,404,943$ 4,000$ 1,795,000$ 17,203,943$ Increase/(Decrease) in Fund Balance (1)$ -$ -$ (1)$ Unaudited Available Fund Balance - FY25 4,445,033 (171,136) 5,776,150 10,050,047 Est. Beginning Unassigned Fund Balance 4,445,033$ (171,136)$ 5,776,150$ 10,050,047$ Increase/(Decrease) in Fund Balance (1)$ -$ -$ (1)$ Est. Ending Unassigned Fund Balance*4,445,032$ (171,136)$ 5,776,150$ 10,050,046$ Estimated Fund Balance/Annual Budget 28.85%-4278.40%321.79% Fund Balance as # of Months 3.46 (513.41) 38.61 TOWN OF VINTON REVENUE AND EXPENDITURE SUMMARY FY 2026-2027 ADOPTED BUDGET *The Capital Fund Balance is listed as Committed in the Audit Schedule, but shown in this Schedule as Unassigned to display the full amount available for grant matches & capital spending. 37 FY2025 Actual FY2026 Projected FY2027 Adopted Revenues General Property Taxes 1,221,971$ 1,313,302$ 1,297,587$ Other Local Taxes 5,930,153$ 6,059,784$ 7,783,845$ Permits and Fees 6,273$ 5,889$ 7,645$ Fines & Forfeitures 62,260$ 70,520$ 70,214$ Use of Money 108,605$ 100,000$ 175,000$ Use of Property 16,566$ 17,626$ 20,460$ Charges for Services 8,949$ 23,783$ 15,509$ Charges for War Memorial 55,502$ 36,050$ 104,894$ Miscellaneous Revenue 2,704,514$ 1,868,205$ 1,388,500$ Recovered Cost 144,350$ 122,634$ 78,623$ Non-Categorical Aid 462,027$ 413,672$ 462,259$ State Sales Tax 1,638,392$ 1,700,000$ 1,650,000$ Categorical Aid 1,678,631$ 1,692,000$ 1,713,906$ Use of Fund Balance 1,290,377$ 1,417,739$ 736,500$ Grant Revenue 635,750$ 4,000$ 4,000$ Transfer In 605,000$ 1,149,500$ 1,695,000$ Total Revenue 16,569,321$ 15,994,704$ 17,203,943$ Expenditures Personnel & Operating 13,966,595$ 13,969,704$ 15,408,943$ Stormwater Fund - - Capital Fund 1,746,975 1,285,500 1,795,000 Total Expenditures 15,713,571$ 15,255,204$ 17,203,943$ Increase/(Decrease) in Fund Balance 855,750$ 739,500$ (0)$ Est. Beginning Unassigned Fund Balance 4,445,033$ 5,300,783$ 6,040,283$ Increase/(Decrease) in Fund Balance 855,750$ 739,500$ (0)$ Remove Res. Fund Balance (Inc.)/Dec.-$ -$ -$ Est. Ending Unassigned Fund Balance 5,300,783$ 6,040,283$ 6,040,282$ Estimated Fund Balance/Annual Budget 31.99%37.76%35.11% TOWN OF VINTON CONSOLIDATED SUMMARY GENERAL FUND, CAPITAL FUND 38 FY2025 Actuals FY2026 Projected FY2027 Adopted Revenues General Property Taxes 1,221,971$ 1,313,302$ 1,297,587$ Other Local Taxes 5,930,153 6,059,784 7,783,845 Permits and Fees 6,273 5,889 7,645 Fines & Forfeitures 62,260 70,520 70,214 Use of Money 108,605 100,000 175,000 Use of Property 16,566 17,626 20,460 Charges for Services 8,949 23,783 15,509 Charges for War Memorial 55,502 36,050 104,894 Miscellaneous Revenue 2,704,514 1,868,205 1,388,500 Recovered Cost 144,350 122,634 78,623 Non-Categorical Aid 841,489 413,672 462,259 State Sales Tax 1,638,392 1,700,000 1,650,000 Categorical Aid 1,678,631 1,692,000 1,713,906 Use of Fund Balance 910,915 1,417,739 736,500 Grant Revenue 635,750 4,000 4,000 Transfer In 605,000 1,149,500 1,695,000 Total Revenue 16,569,321$ 15,994,704$ 17,203,943$ Expenditures Personnel 6,730,845$ 7,075,934$ 7,690,280$ Operating 5,168,429$ 5,534,312 5,085,148 Capital 1,746,975$ 1,285,500 1,799,000 Debt 910,915$ 859,458 934,515 Transfers 1,156,406$ 500,000 1,695,000 Contingency - - - Total Expenditures 15,713,571$ 15,255,204$ 17,203,943$ Increase/(Decrease) in Fund Balance 855,750$ 739,500$ (1)$ TOWN OF VINTON MULTI-YEAR CONSOLIDATED SUMMARY ALL FUNDS 39 Actual Actual Acutal Projected Projected Projected Projected FY2023 FY2024 FY2025 FY2026 FY2027 FY2028 FY2029 Revenues General Property Taxes 1,053,583 1,204,159 1,221,971 1,313,302 1,297,587 1,174,616 1,203,086 Other Local Taxes 5,229,585 5,663,320 5,930,153 6,059,784 7,783,845 5,866,885 6,035,151 Permits and Fees 5,915 6,431 6,273 5,889 7,645 5,219 5,044 Fines & Forfeitures 71,949 84,770 62,260 70,520 70,214 55,700 55,756 Use of Money 83,110 168,536 108,605 100,000 175,000 49,371 48,877 Use of Property 70,773 13,586 16,566 17,626 20,460 58,258 59,859 Charges for Services 12,747 23,444 8,949 23,783 15,509 24,574 25,687 Charges for War Memorial 162,629 182,044 55,502 36,050 104,894 96,434 96,107 Miscellaneous Revenue 1,071,504 629,264 2,704,514 1,868,205 1,388,500 1,243,261 1,025,844 Recovered Cost 270,407 92,972 144,350 122,634 78,623 190,090 191,891 Non-Categorical Aid 443,549 468,018 462,027 413,672 462,259 413,672 413,672 State Sales Tax 1,430,411 1,362,183 1,638,392 1,700,000 1,650,000 1,566,315 1,594,368 Categorical Aid 1,485,241 1,637,039 1,678,631 1,692,000 1,713,906 1,756,753 1,800,672 Use of Fund Balance - - 1,290,377 1,417,739 736,500 754,913 773,785 Transfer In 4,365,198 2,959,153 605,000 1,149,500 1,695,000 1,737,375 1,780,809 Total Revenues 15,756,600 14,494,919 15,933,570 15,990,704 17,199,943 14,993,433 15,110,609 Expenditures Personnel & Operating 10,199,451 12,377,017 13,966,595 13,969,704 15,404,943 15,713,042 16,027,303 Capital Fund 1,890,829 2,044,479 1,746,975 1,285,500 1,795,000 2,025,000 1,050,000 Total Expenditures 12,090,280 14,421,496 15,713,571 15,255,204 17,199,943 17,738,042 17,077,303 Surplus/(Deficit)3,666,320 73,423 220,000 735,500 (0) (2,744,608) (1,966,693) Surplus/(deficit) as % of Operating Budget 30.32%0.51%1.40%4.82%0.00% -15.47% -11.52% Est. Beg. Fund Balance 4,831,329 4,445,033 4,518,456 4,738,455 5,473,955 5,473,955 2,729,346 Est. End. Fund Balance*8,497,649 4,518,456 4,738,455 5,473,955 5,473,955 2,729,346 762,653 Fund Balance/Rev. Budget 53.93%31.17%29.74%34.23%31.83%18.20%5.05% Fund Balance as # of Months 6.47 3.74 3.57 4.11 3.82 2.18 0.61 Town of Vinton Five Year Forecast Model Assumptions: Revenue forecast assumptions are based on linear trend data that do not account for any increased economic development. Expenditure assumptions are also based on linear trend data on fund level versus individual line item estimates, resulting in a greater variance allowance. The large increase in fund balance in FY24 and FY25 is due to the influx of ARPA funds through Revenue Replacement. TOWN OF VINTON FIVE YEAR FORECAST DATA GENERAL FUND & CAPITAL FUND LONG-RANGE FINANCIAL PLANNING *The Capital Fund Balance is listed as Committed in the Audit Schedule, but shown in this Schedule as Unassigned to display the full amount available for grant matches & capital spending. This shows fund balance for both General Fund & Capital Fund. 40 Revenue Source Collection Description General Property Taxes Real Estate Taxes, Personal Property Taxes, and Public Service Corporation Taxes. Real Estate Taxes are collected June 5th and December 31st, while Personal Property Taxes and Public Service Other Local Taxes Consumer's Utility Tax (Due Monthly), Business License Taxes (Due March 31st), Franchise License Taxes, Motor Vehicle Licenses (Due May 31st), Bank Stock Taxes, Pari-Mutuel Tax, Admissions & Amusement Taxes (Due Monthly), Hotel & Motel Room Taxes (Due Monthly), Prepared Food Taxes (Due Monthly), Pari-Mutuel Tax (Due Weekly) and Cigarette Tax (Due when Stamps Purchased). For Permits & Fees Permits from Planning & Zoning (due upon beginning of project). Fines & Forfeitures Court Fines & Forfeitures, Parking Fines, and False Alarm Fees generated by the Police Department. Use of Money Interest from investments at financial institutions, typically paid on an annual basis. Use of Property Rental of Town Property, Rental of the Senior Center, and anticipated Sale of Equipment. Charges for Services Additional Waste Dumping Fees, Special Programs Income, and Senior Program Reimbursement. Charges for War Memorial Rental of the War Memorial, Taxable Sales, and Revenue from Use by Other Departments. Miscellaneous Revenue Revenue items that do not fit another designation as well as Roanoke County payment for refuse collection, debt reimbursement on the Fire- Recovered Cost Recoveries and rebates, and police contractual services. Non-Categorical Aid Funding from the State, Federal, or other sources that can be spent by Town for a non-project specific purpose. Assistance for Motor Vehicles Carriers, HB 599 Police Assistance Funds, and Personal State Sales Tax Portion of the Town of Vinton population to the Roanoke County population is multiplied by all sales tax received in Roanoke County. Categorical Aid Funding from the State or Federal Level that can only be spent for a narrowly defined purpose. Example would be the Highway Maintenance Funds which are paid each year based on a mile Revenue Funding Description 41 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance General Property Taxes 1,221,971 1,313,302 1,297,587 1,297,587 (15,716) -1.20% Other Local Taxes 5,930,153 6,059,784 7,783,845 7,783,845 1,724,061 28.45% Permits & Fees 6,273 5,889 7,645 7,645 1,756 29.81% Fines & Forfeitures 62,260 70,520 70,214 70,214 (306) -0.43% Use of Money 108,605 100,000 75,000 75,000 (25,000) -25.00% Use of Property 16,566 17,626 20,460 20,460 2,834 16.08% Charges for Services 8,949 23,783 15,509 15,509 (8,274) -34.79% Charges for War Memorial 55,502 36,050 104,894 104,894 68,844 190.97% Miscellaneous Revenue 2,704,514 1,868,205 1,388,500 1,388,500 (479,705) -25.68% Recovered Cost 144,350 122,634 78,623 78,623 (44,010) -35.89% Non-Categorical Aid 462,027 413,672 462,259 462,259 48,587 11.75% State Sales Tax 1,638,392 1,700,000 1,650,000 1,650,000 (50,000) -2.94% Categorical Aid 1,678,631 1,692,000 1,713,906 1,713,906 21,906 1.29% Use of Fund Balance 910,915 1,327,739 736,500 736,500 (591,239) 0.00% Transfers From 1,156,406 - - - - 0.00% Total Revenues 16,105,514 14,751,204 15,404,943 15,404,943 653,739 4.43% General Fund Summary of Revenues FY 26-27 Revenue Budget General Property Taxes Other Local Taxes Permits & Fees Fines & Forfeitures Use of Money Use of Property Charges for Services Charges for War Memorial Miscellaneous Revenue Recovered Cost Non-Categorical Aid State Sales Tax Categorical Aid Use of Fund Balance 42 ACCOUNT DESCRIPTION ACCOUNT ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 ACTUAL 06-30-2025 FY26 Revised Budget ADOPTED BUDGET ADOPTED Real Property Current *10010003 110101 388,893.00 470,971.28 475,925.08 490,000.00 490,000.00 525,000.00 525,000.00 PS Corp Current 10010003 110201 10,802.00 18,264.76 19,165.20 17,203.98 17,203.98 20,914.51 20,914.51 Real Estate Tax Penalties 10010003 110601 4,105.00 5,221.81 4,417.72 5,007.98 5,007.98 5,199.67 5,199.67 Real Estate Tax Interest 10010003 110602 1,177.00 1,592.64 2,180.44 1,669.14 1,669.14 2,160.98 2,160.98 TOTAL REAL ESTATE TAXES 404,977.00 496,050.49 501,688.44 513,881.10 513,881.10 553,275.16 553,275.16 *includes delinquent tax account Personal Property Current *10010003 110301 540,477.00 678,951.46 555,708.32 644,147.12 644,147.12 600,000.00 600,000.00 Personal Property PENALTIES 10010003 411060 12,599.00 15,069.49 13,337.88 13,683.46 13,683.46 15,003.66 15,003.66 Personal Property INTEREST 10010003 411067 11,654.00 14,087.94 10,909.49 11,590.63 11,590.63 11,365.36 11,365.36 TOTAL PERSONAL PROPERTY TAXES 564,730.00 708,108.89 579,955.69 669,421.21 669,421.21 626,369.02 626,369.02 *includes delinquent tax account Vehicle License Fee *10010003 110401 172,729.00 122,824.93 140,327.12 130,000.00 130,000.00 117,942.42 117,942.42 TOTAL VEHICLE LICENSE FEE 172,729.00 122,824.93 140,327.12 130,000.00 130,000.00 117,942.42 117,942.42 *includes delinquent tax account COMMUNICATION SALES USE TAX 10035003 220130 637,230.00 255,133.50 145,487.37 140,000.00 140,000.00 150,000.00 150,000.00 TOTAL COMMUNICATION SALES USE TAX 637,230.00 255,133.50 145,487.37 140,000.00 140,000.00 150,000.00 150,000.00 Local Sales Use Tax 10021003 120101 1,122,334.00 1,362,183.15 1,638,392.38 1,700,000.00 1,550,000.00 1,650,000.00 1,650,000.00 TOTAL SALES AND USE TAX 1,122,334.00 1,362,183.15 1,638,392.38 1,700,000.00 1,550,000.00 1,650,000.00 1,650,000.00 BL Contractor 10024003 120301 43,267.00 41,445.55 53,545.86 58,883.47 58,883.47 60,828.75 60,828.75 BL Retail Sales 10024003 120302 315,004.00 411,126.11 367,504.57 402,579.12 402,579.12 419,985.76 419,985.76 BL Financial RE Prof Service 10024003 120303 132,730.00 157,135.07 167,098.15 140,354.29 140,354.29 158,900.76 158,900.76 BL Repairs Personal Bus Svcs 10024003 120304 215,141.00 193,683.94 212,018.12 282,785.39 282,785.39 265,392.56 265,392.56 BL Wholesale Sales 10024003 120305 437.00 2,351.69 3,012.47 1,654.06 1,654.06 1,934.93 1,934.93 BL Miscellaneous 10024003 120306 12,875.00 12,816.69 53,055.45 24,828.25 24,828.25 37,108.16 37,108.16 BL PENALTY 10024003 120307 - - 12,952.43 - - 5,699.93 5,699.93 UTILITY TAXES WATER SEWER 10035003 120202 - - 167,749.71 - - 163,321.30 163,321.30 CONSUMPTION UTILITY TAXES 10035003 412020 - 30,912.21 30,604.33 - 30,912.21 36,233.92 36,233.92 TAX ON PUBLIC UTILITIES 10035003 412037 31,966.00 402,586.90 271,086.62 455,000.00 455,000.00 300,000.00 300,000.00 TOTAL BUSINESS LICENSE TAXES 751,420.00 1,252,058.16 1,338,627.71 1,366,084.58 1,396,996.79 1,449,406.08 1,449,406.08 FRANCHISE LICENSE TAX 10035003 120401 5,317.00 5,133.04 5,310.10 2,613.23 2,613.23 3,551.99 3,551.99 RIGHT OF WAY USE FEE 10035003 412044 16,803.00 12,291.99 14,646.23 11,000.00 11,000.00 9,733.88 9,733.88 TOTAL FRANCHISE LICENSE TAXES 22,120.00 17,425.03 19,956.33 13,613.23 13,613.23 13,285.87 13,285.87 BANK STOCK TAXES 10035003 120601 232,294.00 353,413.00 330,218.00 335,071.13 335,071.13 310,000.00 310,000.00 TOTAL BANK STOCK TAXES 232,294.00 353,413.00 330,218.00 335,071.13 335,071.13 310,000.00 310,000.00 ADMISSION TAX 10035003 120901 2,248.00 4,136.02 5,691.38 5,291.00 5,291.00 5,827.95 5,827.95 TOTAL ADMISSION TAX 2,248.00 4,136.02 5,691.38 5,291.00 5,291.00 5,827.95 5,827.95 PARI-MUTUEL TAX 10035003 121801 1,000,000.00 1,488,330.42 1,661,943.09 1,750,000.00 1,500,000.00 3,500,000.00 3,500,000.00 TOTAL PARI-MUTUEL TAX 1,000,000.00 1,488,330.42 1,661,943.09 1,750,000.00 1,500,000.00 3,500,000.00 3,500,000.00 SKILL GAMES TAX - - - - - - - TOTAL SKILL GAMES TAX - - - - - - - Meals Tax 10022003 121101 1,585,641.00 1,988,433.90 2,097,342.83 2,150,000.00 1,950,000.00 2,100,000.00 2,100,000.00 TOTAL MEALS TAX 1,585,641.00 1,988,433.90 2,097,342.83 2,150,000.00 1,950,000.00 2,100,000.00 2,100,000.00 43 ACCOUNT DESCRIPTION ACCOUNT ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 ACTUAL 06-30-2025 FY26 Revised Budget ADOPTED BUDGET ADOPTED TRANSIENT OCCUPANCY TAXES 10035003 412101 1,912.00 3,335.50 3,171.43 3,223.94 3,223.94 3,537.25 3,537.25 TOTAL TRANSIENT OCCUPANCY TAXES 1,912.00 3,335.50 3,171.43 3,223.94 3,223.94 3,537.25 3,537.25 Cigarette Tax 10025003 120801 151,775.00 178,229.61 325,616.88 296,500.00 256,500.00 250,000.00 250,000.00 TOTAL CIGARETTE TAX 151,775.00 178,229.61 325,616.88 296,500.00 256,500.00 250,000.00 250,000.00 Animal Licenses 10035003 130101 - 1,112.50 2,097.50 - - 1,788.21 1,788.21 TOTAL ANIMAL LICENSES - 1,112.50 2,097.50 - - 1,788.21 1,788.21 On Street Parking Permits 10035003 130303 - - 15.00 - - 6.43 6.43 Zoning Advertising Fees 10035003 130306 - - - - - - - Zoning Subdivision Permits 10035003 130307 - - - - - - - Building Permits 10035003 130308 - 131.30 374.50 - - 198.01 198.01 Building Inspection Fees 10035003 130309 - - - - - - - Solicitor Permits 10035003 130327 - 20.00 20.00 - - 60.00 60.00 Stormwater Management Permits 10035003 130333 - - - - - - - Other Permits 10035003 130334 960.00 500.00 - 475.06 475.06 - - ZONING PERMITS 10035003 413031 904.00 4,995.00 4,890.60 317.27 317.27 4,873.69 4,873.69 SIGN PERMITS 10035003 413032 2,457.00 785.00 972.80 4,053.04 4,053.04 2,042.20 2,042.20 MISC FEES - PZ 10035003 416159 642.00 - - 1,044.05 1,044.05 464.86 464.86 TOTAL PERMITS & OTHER LICENSES 4,963.00 6,431.30 6,272.90 5,889.42 5,889.42 7,645.19 7,645.19 Court Fines and Forfeitures 10035003 140101 53,314.00 83,130.00 61,739.94 70,000.00 70,000.00 70,000.00 70,000.00 Parking Fines 10035003 140102 940.00 1,380.00 440.00 520.00 520.00 214.29 214.29 False Alarm Fine 10035003 140103 - - - - - - - Littering Civil Penalty 10035003 140104 - - - - - - - Fire Marshall Fines 10035003 140105 - 260.00 80.00 - - - - TOTAL FINES & FORFEITURES 54,254.00 84,770.00 62,259.94 70,520.00 70,520.00 70,214.29 70,214.29 Interest on Bank Deposits 10032003 150101 - - - - - - - Interest on Investments 10032003 150102 24,366.00 167,926.31 108,605.20 100,000.00 50,000.00 75,000.00 75,000.00 Interest from CDBG Loans 10032003 150105 2,458.00 609.65 - - - - - Interest from Bonds 10033003 150106 - - - - - - - TOTAL REVENUE FROM USE OF MONEY 26,824.00 168,535.96 108,605.20 100,000.00 50,000.00 75,000.00 75,000.00 Rental of General Property 10035003 150201 48,547.00 (4,050.00) 2,145.00 17,625.74 17,625.74 - - TOV War Memorial INCOME 10035003 415026 108,319.00 176,018.00 50,381.00 30,000.00 30,000.00 100,000.00 100,000.00 USE OF WAR MEM - OTHER DEPT 10035003 415027 - - - - - - - DOH BUIDING UTILITY PAYMENT 10035003 150202 5,689.00 6,025.73 5,120.67 6,050.00 6,050.00 4,893.70 4,893.70 Rental of Equipment 10035003 150205 - - - - - - - Rental of Dept of Health Bldg 10035003 150207 - 17,625.74 14,421.06 - - 20,460.00 20,460.00 Sale of Supplies 10034003 189904 - - - - - - - Salvage Surplus Property 10034003 189905 - - - - - - - SALE OF REAL ESTATE 10034003 418993 - 10.00 - - - - - Sale of Equipment 10034003 189908 - - - - - - - TOTAL REVENUE FROM USE OF PROPERTY 162,555.00 195,629.47 72,067.73 53,675.74 53,675.74 125,353.70 125,353.70 REFUSE COLLECTION - WVWA 10031003 418043 13,030.00 23,444.27 8,949.10 23,783.30 23,783.30 15,509.41 15,509.41 WASTE COLLECTION & DISP CHG 10035003 416082 105.00 - - - - - - TOTAL SANITATION & WASTE REMOVAL 13,135.00 23,444.27 8,949.10 23,783.30 23,783.30 15,509.41 15,509.41 Miscellaneous Income 10035003 189913 - 50,682.52 24,270.70 - - 21,025.11 21,025.11 MISC INCO FROM OTHER GOV 10035003 189914 - - 1,784,155.12 500,000.00 500,000.00 - - 44 ACCOUNT DESCRIPTION ACCOUNT ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 ACTUAL 06-30-2025 FY26 Revised Budget ADOPTED BUDGET ADOPTED County Refuse Collection 10031003 180401 250,000.00 282,328.08 225,000.00 225,000.00 225,000.00 225,000.00 225,000.00 REAPPROPRIATED FUND BALANCE 10035003 499999 - - - 1,327,739.00 913,350.00 736,500.00 736,500.00 TOTAL MISCELLANOUS INCOME 1,418,236.00 679,946.22 2,704,513.67 3,195,943.60 2,781,554.60 2,124,999.67 2,124,999.67 TOTAL RECOVERED COSTS 183,063.00 92,971.98 144,349.77 122,633.70 93,000.00 78,623.29 78,623.29 TOTAL NON CATEGORICAL AID 423,144.00 457,017.58 462,026.92 413,671.72 413,671.72 462,259.20 462,259.20 TOTAL OTHER CATEGORICAL AID 1,311,112.00 1,637,038.71 1,678,631.25 1,692,000.00 1,632,000.00 1,713,905.84 1,713,905.84 TOTAL TRANSFERS FROM - - - - - - - TOTAL GENERAL FUND 10,246,696.00 11,576,560.59 14,038,192.63 14,751,203.67 13,588,093.18 15,404,942.52 15,404,942.52 45 ACCOUNT DESCRIPTION ACCOUNT ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 ACTUAL 06-30-2025 FY26 Revised Budget ADOPTED BUDGET ADOPTED APRA Law Enforcement Funding 15020133 322025 - 150,054.59 - - - - - ARPA SLFRF Utility Asst Grant 15020153 322015 - - - - - - - REV. FROM THE FED GOV'T 15020153 432000 - - - - - - - 2020 FEMA COVID19 15020203 322020 - - - - - - - VML Risk Management Grant 15021103 322110 4,000.00 4,500.00 5,931.10 4,000.00 4,000.00 4,000.00 4,000.00 Arbor Day Grant Revenue 15021203 322120 - 8,720.00 1,694.12 - - - - CCD Neighborhood Plan Grant 15021303 321320 - - - - - - - Walnut Ave Bike Ped 5th West 15021403 322140 - 869,436.69 - - - - - REVENUE FROM THE STATE 15021403 422000 - - - - - - - Walnut Ave Bike Ped Lee to 1st 15021413 322141 - 770,279.83 - - - - - GUS NICKS MDBLK PED XWALK 15021415 422000 - 0.74 - - - - - GUS NICKS MDBLK PED XWALK 15021415 432000 - - - - - - - REVENUE FROM THE STATE 15021416 422000 - - 258,020.96 - - - - AY21 DHR Gish Mill Grant 15021453 322145 - - - - - - - AY21 IRF Econ Dev Grant 15021503 322150 - - - - - - - Tree Inventory FY23 15021600 322121 - - - - - - - Farmer's Market SNAP Revenue 15022003 322200 - - - - - - - VDOT TA Gladecreek PHII 15031103 321310 - - - - - - - VOF Grant Funds 15031105 322160 - - - - - - - RKE OUTSIDE GRANT REVENUE 15031106 418900 - - 4,500.00 - - - - Transfers In 15099993 410901 - - - - - - - TOTAL GRANT FUND 4,208,017.00 2,320,901.47 635,750.43 4,000.00 4,000.00 4,000.00 4,000.00 46 47 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance General Administration 1,932,006 2,025,564 2,185,881 2,185,881 160,317 7.91% Public Safety 3,473,600 3,366,236 3,597,460 3,597,460 231,224 6.87% Public Works 3,570,567 3,686,207 3,787,643 3,787,643 101,437 2.75% Stormwater**874,768 652,648 666,043 666,043 13,395 2.05% Special Programs 747,129 726,077 947,273 947,273 221,196 30.46% Community Development 962,531 762,641 764,627 764,627 1,986 0.26% Debt Retirement 910,915 859,458 934,515 934,515 75,057 8.73% Performance Agreements 253,706 913,350 736,500 736,500 (176,850) -19.36% Travel & PTO Payout 84,967 65,000 90,000 90,000 25,000 100.00% Contingency - - - - - 0.00% Transfers 1,156,406 500,000 1,695,000 1,695,000 1,195,000 239.00% Total 13,966,595 13,557,181 15,404,943 15,404,943 1,847,762 13.63% General Fund Summary of Expenditures FY24-25 Expenditure Budget General Administration Public Safety Public Works Stormwater** Special Programs Community Development Debt Retirement Performance Agreements Travel & PTO Payout Contingency Transfers 48 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Town Council 153,506 184,066 189,302 189,302 5,236 2.84% Town Manager 578,655 579,980 606,581 606,581 26,601 4.59% Human Resources 241,200 297,219 330,387 330,387 33,168 11.16% Legal Services 61,148 80,000 95,000 95,000 15,000 18.75% Treasurer/Finance Department 897,498 884,299 964,611 964,611 80,312 9.08% Total Administration 1,932,006 2,025,564 2,185,881 2,185,881 160,317 7.91% Police Department 3,304,900 3,209,751 3,437,220 3,437,220 227,469 7.09% Communication Services 159,290 150,000 150,000 150,000 - 0.00% Fire & EMS 2,244 2,385 2,584 2,584 199 8.34% Animal & Pest Control 7,166 4,100 7,656 7,656 3,556 86.73% Total Public Safety 3,473,600 3,366,236 3,597,460 3,597,460 231,224 6.87% Public Works Administration 508,387 638,462 590,037 590,037 (48,425) -7.58% Mnt-Hwy St & Bridges 1,388,466 1,697,035 1,879,560 1,879,560 182,526 10.76% Snow & Ice Removal 38,683 20,600 30,983 30,983 10,383 50.40% Traffic Signs & Street Lights 119,325 110,000 105,360 105,360 (4,640) -4.22% Refuse Collection 925,154 604,448 653,442 653,442 48,994 8.11% Recycling 180,988 75,353 64,096 64,096 (11,257) -14.94% Building & Grounds 390,413 514,309 438,715 438,715 (75,594) -14.70% Health Department 19,151 26,000 25,450 25,450 (550) -2.12% Total Public Works 3,570,567 3,686,207 3,787,643 3,787,643 101,437 2.75% Stormwater Administration 152,451 160,142 164,748 164,748 4,606 2.88% Street & Road Cleaning 186,004 123,593 119,328 119,328 (4,265) -3.45% Operations 536,312 368,913 381,967 381,967 13054 3.54% Total Stormwater 874,768 652,648 666,043 666,043 13,395 2.05% Special Programs 166,358 283,810 293,178 293,178 9,368 3.30% War Memorial Interdepartment (624) 15,000 15,000 15,000 - 0.00% War Memorial 559,763 399,150 615,606 615,606 216,456 54.23% Vinton Veteran's Monument 631 5,000 - - (5,000) -100.00% Town Museum 21,001 23,117 23,489 23,489 372 1.61% Total Special Programs 747,129 726,077 947,273 947,273 221,196 30.46% Planning & Zoning 609,085 525,628 577,092 577,092 51,464 9.79% Economic Development 247,106 154,163 104,685 104,685 (49,478) -32.09% Public Transportation 103,861 80,000 80,000 80,000 - 0.00% Vinton Business Center 2,479 2,850 2,850 2,850 - 0.00% Total Community Dev 962,531 762,641 764,627 764,627 1,986 0.26% Debt Retirement 910,915 859,458 934,515 934,515 75,057 8.73% Performance Agreements 253,706 913,350 736,500 736,500 (176,850) -19.36% Independent Auditors 84,967 65,000 90,000 90,000 25,000 100.00% Transfer to Other Funds 1,156,406 500,000 1,695,000 1,695,000 1,195,000 239.00% Total Other Expenses 2,405,994 2,337,808 3,456,015 3,456,015 1,118,207 47.83% Total 13,966,595 13,557,181 15,404,943 15,404,943 1,847,762 13.63% General Fund Summary of Expenditures 49 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Personnel 51,834 73,527 73,508 73,508 (19) -0.03% Operating 101,672 110,539 115,794 115,794 5,255 4.75% Capital - - - - - 0.00% Total 153,506 184,066 189,302 189,302 5,236 2.84% Authorized Positions Town Council Members 5.00 5.00 5.00 5.00 Total Positions 5.00 5.00 5.00 5.00 General Fund Expenditure Budget Town Council Personnel Operating Capital 50 ACCOUNT DESCRIPTION ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 FY26 ORIGINAL BUDGET 2027 2027 ADOPTED 2027 Council Salaries FT 10011104 501000 (274.98) 47,524.61 48,116.82 68,250.00 - 68,250.00 68,250.00 Council FICA TAXES 10011104 502000 47.81 3,635.37 3,681.12 5,222.00 - 5,222.00 5,222.00 Council Workers' Comp 10011104 502600 - 30.90 36.15 55.00 - 36.00 36.00 Council Contractual Svcs 10011104 503000 - 570.00 - 500.00 500.00 500.00 500.00 Council Codification of Ord 10011104 503600 2,778.77 3,473.06 4,472.71 4,000.00 4,000.00 4,000.00 4,000.00 Council Maint Repairs Equip 10011104 505000 1,414.91 - - - - - - Council Maint Service Contra 10011104 505030 - - 1,762.35 2,000.00 2,000.00 2,000.00 2,000.00 Council Other Maint Costs 10011104 505040 - - - - - - - Council Printing Binding 10011104 505100 - - - - - - - Council Postage 10011104 505120 164.35 115.51 73.98 200.00 200.00 200.00 200.00 Council Telephone 10011104 505400 - - - - - - - Council Travel Training 10011104 505500 314.36 1,864.63 1,289.31 300.00 300.00 300.00 300.00 Council Empl Appreciation 10011104 505510 818.40 100.00 463.50 100.00 100.00 100.00 100.00 Council Dues Subscriptions 10011104 505530 6,886.00 6,959.00 6,631.00 7,000.00 7,000.00 7,000.00 7,000.00 Council Lease of Equip 10011104 505610 197.90 - - - - - - Council Miscellaneous 10011104 505700 13,291.32 5,183.36 113.06 500.00 500.00 500.00 500.00 Council Materials Supplies 10011104 506000 177.82 422.39 - - - - - Council Software 10011104 506010 - - - - - - - Council Small Tools Equip 10011104 506100 - - - - - - - Council Uniforms 10011104 506410 - - - - - - - Council Special Awards 10011104 506420 - 100.00 - 100.00 100.00 100.00 100.00 Council Community Contrib 10011104 507000 34,678.47 21,910.50 31,128.70 31,850.00 36,100.00 36,100.00 36,100.00 Council Joint Local Gov Svcs 10011104 507100 52,502.76 57,666.56 53,627.41 60,489.17 61,493.89 61,493.89 61,493.89 Council Board of Elections 10011104 507110 - - - - - - - Council Cap Outlay<$10K 10011104 508000 - - - - - - - Council Land 10011104 508100 - - - - - - - Council Equip 10011104 508200 - - - - - - - Council Vehicles 10011104 508210 - - - - - - - Council PP E 10011104 508220 - - - - - - - Council Buildings 10011104 508300 - - - - - - - Council Infrastructure 10011104 508400 - - - - - - - Council VWM Events 10011104 531000 348.31 500.18 - 1,000.00 1,000.00 1,000.00 1,000.00 Council ADVERTISING 10011104 536000 3,085.36 3,975.50 2,109.52 2,500.00 2,500.00 2,500.00 2,500.00 TOTAL TOWN COUNCIL 116,431.56 154,031.57 153,505.63 184,066.17 115,793.89 189,301.89 189,301.89 51 Contribution Listing Adopted Budget Fiscal Year 2026-2027 Council Adopted Community Contributions FY 26-27 10011104 10011104 10011104 10011104 10011104 10011104 10011104 10011104 507000 Virginia Small Business Development Center - Greater Rke & NRV 1,250.00 10011104 Total 36,100.00 Council Adopted Joint Local Government Services FY 26-27 10011104 10011104 10011104 10011104 10011104 10011104 10011104 10011104 507100 Western Virginia Regional Industrial Facility Authority 1,465.10 Total 61,493.89 Grand Total of Organizational Funding 97,593.89 At the discretion of Council, Town Staff contact the organizations who have submitted requests regarding their interest in presenting at a Council meeting. Organizations listed under "Community Contributions" receive money at the discretion of Council. The Mayor, members of Council, and Town Staff communicate regularly with representatives of these organization throughout the year regarding performance and continued funding. Organizations listed under "Joint Local Government Services" receive funding through a contractual agreement or Memorandum of Understanding with the Town. Budget Account Budget Account 52 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Personnel 512,503 520,480 540,981 540,981 20,501 3.94% Operating 63,414 58,000 62,100 62,100 4,100 7.07% Capital 2,738 1,500 3,500 3,500 2,000 - Total 578,655 579,980 606,581 606,581 26,601 4.59% Authorized Positions Econ Dev. Specialist - 0.50 0.50 0.50 Econ. Dev. Specialist 1.00 1.00 - - Town Clerk/Exec. Asst.1.00 1.00 1.00 1.00 Deputy Town Manager 1.00 1.00 1.00 1.00 Town Manager 1.00 1.00 1.00 1.00 Total Positions 4.00 4.50 3.50 3.50 General Fund Expenditure Budget Town Manager's Office Personnel Operating Capital 53 ACCOUNT DESCRIPTION ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 FY26 ORIGINAL BUDGET 2027 2027 ADOPTED 2027 Town Mgr Salaries FT 10012114 501000 5,485.70 373,549.04 396,037.20 401,032.00 - 412,802.00 412,802.00 Town Mgr Salaries PT 10012114 501100 - - 8,400.00 - - - - Town Mgr Overtime 10012114 501200 - - - - - - - Town Mgr Separation Pay 10012114 501300 25,434.64 - 3,273.73 - - - - Town Mgr FICA TAXES 10012114 502000 420.61 28,352.96 26,104.35 30,840.00 - 31,741.00 31,741.00 Town Mgr VRS Contrib 10012114 502100 0.06 37,383.57 19,006.80 44,018.00 - 52,451.00 52,451.00 Town Mgr VRS Ins 10012114 502200 - 4,615.62 22,380.52 5,258.00 - 4,284.00 4,284.00 Town Mgr Nationwide 10012114 502300 706.78 6,703.51 7,454.92 5,560.00 - 5,560.00 5,560.00 Town Mgr Medical Ins 10012114 502400 - 25,668.00 26,528.00 30,936.00 - 33,288.00 33,288.00 Town Mgr Hybrid Disb Ins 10012114 502500 42.65 233.22 2,140.18 534.00 - 587.00 587.00 Town Mgr Workers' Comp 10012114 502600 - 345.97 277.22 202.00 - 268.00 268.00 Town Mgr Car Allowance 10012114 502700 1,504.46 1,782.14 900.00 2,100.00 - - - Town Mgr Contractual Svcs 10012114 503000 1,777.29 1,539.06 1,532.23 1,500.00 1,500.00 1,500.00 1,500.00 Town Mgr Maint Repairs Equip 10012114 505000 6,045.89 9.99 131.09 - - - - Town Mgr Maint Svc Contracts 10012114 505030 431.76 - 10,430.86 25,000.00 25,000.00 25,000.00 25,000.00 Town Mgr Other Maint Costs 10012114 505040 - - - - - - - Town Mgr Printing Binding 10012114 505100 329.00 - - - - - - Town Mgr Postage 10012114 505120 - - - - - - - Town Mgr Motor Vehicle Ins 10012114 505210 - - - - - - - Town Mgr Property Ins 10012114 505220 - - - - - - - Town Mgr Liability Ins 10012114 505230 - - - - - - - Town Mgr Telephone 10012114 505400 1,905.77 2,729.45 2,125.36 3,000.00 3,000.00 5,100.00 5,100.00 Town Mgr Travel Training 10012114 505500 14,970.88 15,307.28 18,084.37 12,000.00 14,000.00 14,000.00 14,000.00 Town Mgr Empl Appreciation 10012114 505510 - - 40.00 - - - - Town Mgr Dues Subscriptions 10012114 505530 12,844.90 3,999.11 14,160.50 4,000.00 4,000.00 4,000.00 4,000.00 Town Mgr Lease of Equip 10012114 505610 14,597.00 7,454.87 8,526.38 7,500.00 7,500.00 7,500.00 7,500.00 TOWN MGR VEHICLE FLUIDS 10012114 505630 1,024.30 171.25 130.42 500.00 500.00 500.00 500.00 Town Mgr Miscellaneous 10012114 505700 6,122.58 4,446.23 3,389.39 3,500.00 3,500.00 3,500.00 3,500.00 Town Mgr Materials Supplies 10012114 506000 2,410.29 2,516.41 4,503.13 1,000.00 1,000.00 1,000.00 1,000.00 Town Mgr Software 10012114 506010 - - - - - - - Town Mgr Small Tools Equip 10012114 506100 - - - - - - - Town Mgr Uniforms 10012114 506410 - - - - - - - Town Mgr Special Awards 10012114 506420 - - - - - - - Town Mgr Cap Outlay<$10K 10012114 508000 - - - - - - - TwnMgr Land 10012114 508100 - - - - - - - Town Mgr Equip 10012114 508200 - 27,696.51 2,738.10 1,500.00 3,500.00 3,500.00 3,500.00 Town Mgr Vehicles 10012114 508210 - - - - - - - TwnMgr PP E 10012114 508220 - - - - - - - TwnMgr Buildings 10012114 508300 - - - - - - - TwnMgr Infrastructure 10012114 508400 - - - - - - - Town Mgr Unemployment Ins 10012114 526000 - - - - - - - TOWN MGR ADVERTISING 10012114 536000 - - 360.00 - - - - TOTAL TOWN MANAGERS OFFICE 96,054.56 544,504.19 578,654.75 579,980.00 63,500.00 606,581.00 606,581.00 54 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Personnel - - - - - 0.00% Operating 61,148 80,000 95,000 95,000 15,000 18.75% Capital - - - - - 0.00% Total 61,148 80,000 95,000 95,000 15,000 18.75% General Fund Expenditure Budget Legal Services Personnel Operating Capital 55 ACCOUNT DESCRIPTION ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 FY26 ORIGINAL BUDGET 2027 2027 ADOPTED 2027 CW Atty Contractual Svcs 10012074 503000 36,157.00 24,913.25 30,000.00 45,000.00 60,000.00 60,000.00 60,000.00 TOTAL COMMONWEALTH ATTORNEY 36,157.00 24,913.25 30,000.00 45,000.00 60,000.00 60,000.00 60,000.00 Town Atty Contractual Svcs 10012214 503000 - 45,769.90 31,147.60 35,000.00 - 35,000.00 35,000.00 TOTAL TOWN ATTORNEY - 45,769.90 31,147.60 35,000.00 - 35,000.00 35,000.00 56 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Personnel 149,072 218,844 228,666 228,666 9,822 4.49% Operating 92,127 78,375 94,721 94,721 16,346 20.86% Capital - - 7,000 7,000 7,000 #DIV/0! Total 241,200 297,219 330,387 330,387 33,168 11.16% Authorized Positions Risk Management/HR Coordinator - - 1.00 1.00 HR Director/Risk Manager 1.00 1.00 1.00 1.00 Total Positions 1.00 1.00 2.00 2.00 General Fund Expenditure Budget Human Resources/Risk Management Personnel Operating Capital 57 ACCOUNT DESCRIPTION ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 FY26 ORIGINAL BUDGET 2027 2027 ADOPTED 2027 HR Ops Salaries FT 10012224 501000 27,693.59 109,475.08 111,289.91 163,865.00 - 168,750.00 168,750.00 HR Ops Salaries PT 10012224 501100 - 125.57 1,396.59 - - - - HR Ops Overtime 10012224 501200 - - - - - - - HR Ops Separation Pay 10012224 501300 - - - - - - - HR Ops FICA TAXES 10012224 502000 2,044.07 8,488.68 8,574.17 12,536.00 - 12,910.00 12,910.00 HR Ops VRS Contrib 10012224 502100 2,489.40 11,070.42 8,597.76 21,596.00 - 25,197.00 25,197.00 HR Ops VRS Ins 10012224 502200 305.52 1,360.92 1,863.52 2,183.00 - 1,779.00 1,779.00 HR Ops Nationwide 10012224 502300 31.79 122.76 126.76 240.00 - 240.00 240.00 HR Ops Medical Ins 10012224 502400 3,432.00 13,797.54 10,861.61 17,136.00 - 18,384.00 18,384.00 HR Ops Hybrid Disb Ins 10012224 502500 103.89 457.02 6,282.96 1,206.00 - 1,326.00 1,326.00 HR Ops Workers' Comp 10012224 502600 - 62.67 79.19 82.00 - 80.00 80.00 HR Ops Contractual Svcs 10012224 503000 21,140.09 21,016.85 20,166.97 22,000.00 25,000.00 34,296.00 34,296.00 HR Ops Maint Repairs Equip 10012224 505000 - 24.00 1,308.92 1,000.00 3,000.00 1,000.00 1,000.00 HR Ops Maint Svc Contracts 10012224 505030 - - 680.91 - - - - HR Ops Other Maint Costs 10012224 505040 - - - - - - - HR Ops Printing Binding 10012224 505100 421.12 186.35 - 400.00 200.00 200.00 200.00 HR Ops Postage 10012224 505120 344.50 398.99 52.06 100.00 100.00 100.00 100.00 HR Ops Telephone 10012224 505400 853.50 1,160.33 804.61 1,025.00 1,025.00 1,025.00 1,025.00 HR Ops Travel Training 10012224 505500 25,379.76 8,406.70 2,414.30 7,500.00 7,500.00 10,000.00 10,000.00 HR Ops Empl Appreciation 10012224 505510 - 2,631.66 6,314.20 500.00 3,300.00 500.00 500.00 Use of Donation - BCWLK 10012224 505520 BCWL - - - - - - - HR Ops Dues Subscriptions 10012224 505530 3,055.50 4,115.41 2,892.50 2,500.00 2,500.00 2,500.00 2,500.00 HR Ops Lease of Equip 10012224 505610 - - - - - - - HR Ops Miscellaneous 10012224 505700 9,961.70 10,268.24 5,168.94 2,000.00 2,000.00 2,000.00 2,000.00 HR Ops Materials Supplies 10012224 506000 1,138.87 6,900.32 5,622.36 2,500.00 2,500.00 2,500.00 2,500.00 HR Ops Software 10012224 506010 - - - - - 500.00 500.00 HR Ops Small Tools Equip 10012224 506100 1,392.85 1,111.68 2,426.83 350.00 350.00 350.00 350.00 HR Ops Uniforms 10012224 506410 - - - - 250.00 250.00 250.00 HR Ops Special Awards 10012224 506420 15,101.75 20,616.34 20,170.99 15,000.00 15,000.00 18,000.00 18,000.00 FIELD OF HONOR 10012224 506420 FOH - - - - - - - TOV BREAST CANCER WALK 10012224 506420 BCWL - - - - - - - HR Ops Cap Outlay<$10K 10012224 508000 - - - - - - - HR Land 10012224 508100 - - - - - - - HR Ops Equip 10012224 508200 - - - - - 7,000.00 7,000.00 HR Ops Vehicles 10012224 508210 - - - - - - - HR PP E 10012224 508220 - - - - - - - HR Buildings 10012224 508300 - - - - - - - HR Infrastructure 10012224 508400 - - - - - - - HR Ops Unemployment Ins 10012224 526000 - - - - - - - HR Ops RISK MGT 10012224 530000 11,314.23 34,020.67 5,861.95 7,000.00 35,000.00 10,000.00 10,000.00 HR OPS ADVERTISING 10012224 536000 19,494.21 9,802.83 16,305.07 12,000.00 7,000.00 7,000.00 7,000.00 HR Ops Food and Beverage 10012224 560201 - - 1,936.73 4,500.00 4,500.00 4,500.00 4,500.00 TOTAL HUMAN RESOURCES RISK MGMT 145,698.34 265,621.03 241,199.81 297,219.00 109,225.00 330,387.00 330,387.00 RetireeHlth Medical Ins 10012604 502400 3,800.00 - - - - - - TOTAL RETIREE HEALTH MED INSURANCE 3,800.00 - - - - - - 58 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Personnel 610,325 681,249 713,111 713,111 31,862 4.68% Operating 265,339 199,550 251,500 251,500 51,950 26.03% Capital 21,834 3,500 - - (3,500) -100.00% Total 897,498 884,299 964,611 964,611 80,312 9.08% Authorized Positions Finance Administrator 1.00 1.00 1.00 1.00 AP/Payroll Administrator - 1.00 1.00 1.00 Treasury Administrator 1.00 1.00 1.00 1.00 Senior Treasury Admin - - 1.00 1.00 Senior Financial Admin 1.00 1.00 1.00 1.00 Asst. Finance Director 1.00 1.00 - - Deputy Treasurer 1.00 1.00 - - Finance Director/Treasurer 1.00 1.00 - - Treasurer - - 1.00 1.00 Director of Finance - - 1.00 1.00 Total Positions 6.00 7.00 7.00 7.00 General Fund Expenditure Budget Treasurer's Office/Finance Department Personnel Operating Capital 59 ACCOUNT DESCRIPTION ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 FY26 ORIGINAL BUDGET 2027 2027 ADOPTED 2027 Treas Salaries FT 10012414 501000 5,827.92 406,476.87 437,615.86 489,542.00 - 504,123.00 504,123.00 Treas Salaries PT 10012414 501100 18,771.40 - 1,280.00 - - - - Treas Overtime 10012414 501200 146.44 - 118.75 - - - - Treas Separation Pay 10012414 501300 14,890.00 - - - - - - Treas FICA TAXES 10012414 502000 373.89 30,054.03 31,819.22 37,450.00 - 38,566.00 38,566.00 Treas VRS Contrib 10012414 502100 - 43,093.49 27,370.26 58,278.00 - 67,994.00 67,994.00 Treas VRS Ins 10012414 502200 - 5,298.20 9,732.78 6,513.00 - 5,307.00 5,307.00 Treas Nationwide 10012414 502300 47.14 488.57 525.00 840.00 - 840.00 840.00 Treas Medical Ins 10012414 502400 - 55,188.00 77,880.00 85,128.00 - 92,400.00 92,400.00 Treas Hybrid Disb Ins 10012414 502500 - 1,572.28 23,681.14 3,253.00 - 3,577.00 3,577.00 Treas Workers' Comp 10012414 502600 - 249.21 302.45 245.00 - 304.00 304.00 Treas Contractual Svcs 10012414 503000 22,793.68 21,977.67 832.50 1,000.00 500.00 500.00 500.00 Treas Maint Repairs Equip 10012414 505000 4,083.08 489.79 2,890.35 3,000.00 1,000.00 1,000.00 1,000.00 Treas Maint Svc Contracts 10012414 505030 56,092.76 126,533.22 194,236.53 125,000.00 170,250.00 170,250.00 170,250.00 Treas Other Maint Costs 10012414 505040 - - - - - - - Treas Printing Binding 10012414 505100 6,681.43 7,956.59 4,551.80 6,500.00 8,000.00 8,000.00 8,000.00 Treas Postage 10012414 505120 10,328.04 20,355.22 18,345.69 23,500.00 20,000.00 20,000.00 20,000.00 Treas Telephone 10012414 505400 2,820.14 3,172.32 2,120.24 4,000.00 4,000.00 4,000.00 4,000.00 Treas Credit Card Fees 10012414 505440 275.59 545.70 463.31 750.00 500.00 500.00 500.00 Treas Travel Training 10012414 505500 8,710.16 7,098.93 15,839.17 15,000.00 15,000.00 15,000.00 15,000.00 Treas Empl Appreciation 10012414 505510 - - - 1,500.00 1,000.00 1,000.00 1,000.00 Treas Dues Subscriptions 10012414 505530 2,433.77 3,023.33 5,786.61 3,750.00 3,750.00 3,750.00 3,750.00 Treas Lease of Equip 10012414 505610 1,995.17 2,230.06 1,959.27 3,000.00 2,000.00 2,000.00 2,000.00 Treas Miscellaneous 10012414 505700 6,138.39 1,308.17 1,312.33 500.00 500.00 500.00 500.00 Treas Materials Supplies 10012414 506000 9,121.86 6,131.01 7,348.82 5,000.00 2,500.00 2,500.00 2,500.00 Treas Software 10012414 506010 - 406.36 1,033.64 - 2,500.00 2,500.00 2,500.00 Treas Merch for Resale 10012414 506020 2,424.60 4,849.20 4,849.20 5,000.00 7,500.00 7,500.00 7,500.00 Treas Small Tools Equip 10012414 506100 1,141.36 89.01 456.94 500.00 500.00 500.00 500.00 Treas Uniforms 10012414 506410 - - - 350.00 - - - Treas Special Awards 10012414 506420 - - - - - - - Treas Cap Outlay<$10K 10012414 508000 - (67,935.18) 21,390.34 - - - - Treas Land 10012414 508100 - - - - - - - Treas Equip 10012414 508200 - 3,397.05 - 3,500.00 - - - Treas Vehicles 10012414 508210 - - - - - - - Treas PP E 10012414 508220 - - - - - - - Treas Buildings 10012414 508300 - - - - - - - Treas Infrastructure 10012414 508400 - - 443.52 - - - - Treas Unemployment Ins 10012414 526000 - - - - - - - TREAS BANK SERVICE CHARGES 10012414 558602 39.89 25.00 644.49 1,200.00 12,000.00 12,000.00 12,000.00 STATE SALES TAX 10012414 558605 30.00 20.00 - - - - - FEDERAL TAX PEN/INT 10012414 558606 - 1,548.07 2,108.47 - - - - Dummy Expense Account 10012414 599999 - - 559.78 - - - - TOTAL TREASURER'S OFFICE FIN DEPT 175,166.71 685,642.17 897,498.46 884,299.00 251,500.00 964,611.00 964,611.00 60 Adopted Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Personnel - - - - - 0.00% Operating 84,967 65,000 90,000 90,000 25,000 38.46% Capital - - - - - 0.00% Total 84,967 65,000 90,000 90,000 25,000 0.00% General Fund Expenditure Budget 61 ACCOUNT DESCRIPTION ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 FY26 ORIGINAL BUDGET 2027 2027 ADOPTED 2027 Independent Auditors 10012244 503100 58,855.00 146,587.25 84,967.09 65,000.00 90,000.00 90,000.00 90,000.00 TOTAL INDEPENDENT AUDITORS 58,855.00 146,587.25 84,967.09 65,000.00 90,000.00 90,000.00 90,000.00 62 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Personnel 2,556,203 2,669,951 2,870,716 2,870,716 200,765 7.52% Operating 606,146 514,800 541,504 541,504 26,704 5.19% Capital 142,550 25,000 25,000 25,000 - 0.00% Total 3,304,900 3,209,751 3,437,220 3,437,220 227,469 7.09% Authorized Positions Records Manager 1.00 1.00 1.00 1.00 Administrative Manager 1.00 1.00 1.00 1.00 Police Officer 10.00 10.00 10.00 10.00 Community Service Officer 1.00 1.00 1.00 1.00 Corporal 5.00 5.00 5.00 5.00 Detective - - - - Sergeant 5.00 5.00 5.00 5.00 Lieutenant 2.00 2.00 2.00 2.00 Deputy Chief 1.00 1.00 1.00 1.00 Police Chief 1.00 1.00 1.00 1.00 Total Positions 27.00 27.00 27.00 27.00 General Fund Expenditure Budget Police Department Personnel Operating Capital 63 ACCOUNT DESCRIPTION ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 FY26 ORIGINAL BUDGET 2027 2027 ADOPTED 2027 Police Ops Salaries FT 10031104 501000 1,398,714.10 1,723,697.90 1,764,143.42 1,833,144.00 - 1,935,946.00 1,935,946.00 Police Ops Salaries PT 10031104 501100 394.49 104.34 384.00 30,250.00 - - - Police Ops Overtime 10031104 501200 47,898.90 58,557.56 74,389.55 63,355.00 - 67,358.00 67,358.00 Police Ops Separation Pay 10031104 501300 9,755.08 12,422.26 - - - - - Police Ops Holiday Pay 10031104 501400 - 29,104.47 14,496.48 - - - - Police Ops FICA TAXES 10031104 502000 98,201.82 122,491.25 129,441.76 147,397.00 - 153,253.00 153,253.00 Police Ops VRS Contrib 10031104 502100 147,132.06 175,609.75 88,345.51 197,171.00 - 242,025.00 242,025.00 Police Ops VRS Ins 10031104 502200 18,688.16 22,188.88 103,603.39 24,364.00 - 20,357.00 20,357.00 Police Ops Nationwide 10031104 502300 984.26 2,657.27 2,286.77 3,240.00 - 3,360.00 3,360.00 Police Ops Medical Ins 10031104 502400 249,087.63 272,063.16 275,589.61 298,008.00 - 348,612.00 348,612.00 Police Ops Hybrid Disb Ins 10031104 502500 334.32 420.36 6,317.35 456.00 - 501.00 501.00 Police Ops Workers' Comp 10031104 502600 48,331.75 52,039.77 97,205.29 72,566.00 - 99,304.00 99,304.00 Police Ops Contractual Servi 10031104 503000 35,029.50 23,169.54 40,055.47 15,000.00 20,000.00 20,000.00 20,000.00 Police Ops Prosecution AttyF 10031104 503300 - - - - - - - Police Ops Wage - ContrctSr 10031104 503400 21,708.97 17,987.41 7,183.92 10,000.00 - - - Police Ops Maint Repairs Equ 10031104 505000 44,544.60 43,389.46 28,503.32 30,000.00 30,000.00 30,000.00 30,000.00 Police Ops Maint Svc Contrac 10031104 505030 41,351.49 33,344.39 45,428.72 35,000.00 35,000.00 35,000.00 35,000.00 Police Ops Other Maint Costs 10031104 505040 - - - - - - - Police Ops Printing Binding 10031104 505100 2,809.30 3,585.01 4,796.17 4,000.00 6,000.00 6,000.00 6,000.00 Police Ops Imaging Services 10031104 505110 - 3,632.00 - - - - - Police Ops Postage 10031104 505120 990.17 690.66 384.37 700.00 700.00 700.00 700.00 Police Ops Motor Vehicle Ins 10031104 505210 20,227.35 21,630.16 28,648.04 29,500.00 - 34,444.00 34,444.00 Police Ops Property Ins 10031104 505220 1,846.84 1,910.52 1,881.52 2,000.00 - 2,164.00 2,164.00 Police Ops Liability Ins 10031104 505230 7,049.58 5,430.75 18,469.15 14,200.00 - 16,232.00 16,232.00 Police Ops LOD INS 10031104 505240 19,008.00 18,277.00 16,818.75 19,400.00 - 18,464.00 18,464.00 Police Ops Telephone 10031104 505400 15,108.28 20,069.68 60,061.49 - 22,000.00 22,000.00 22,000.00 Police Ops Electric 10031104 505410 - - - - - - - Police Ops Heating Gas 10031104 505420 - - - - - - - Police Ops Water Sewer 10031104 505430 - - - - - - - Police Ops Travel Training 10031104 505500 14,705.29 23,942.32 19,320.78 25,000.00 20,000.00 20,000.00 20,000.00 Police Ops Empl Appreciation 10031104 505510 2,007.16 724.00 384.85 2,000.00 5,000.00 5,000.00 5,000.00 Police Ops Use of Donation 10031104 505520 715.39 707.62 - - - - - Police Ops Dues Subscription 10031104 505530 1,633.20 866.95 1,446.65 2,000.00 2,000.00 2,000.00 2,000.00 Police Ops Lease of Equip 10031104 505610 155,067.91 216,147.23 220,271.26 225,000.00 225,000.00 225,000.00 225,000.00 POLICE OPS VEHICLE FLUIDS 10031104 505630 49,204.28 58,400.96 48,819.47 51,000.00 51,000.00 51,000.00 51,000.00 Police Ops Miscellaneous 10031104 505700 2,718.48 5,096.18 2,799.42 4,500.00 6,500.00 6,500.00 6,500.00 Police Ops Materials Supplie 10031104 506000 11,275.29 9,296.76 5,381.54 7,500.00 9,000.00 9,000.00 9,000.00 Police Ops Software 10031104 506010 - - - - - - - Police Ops Small Tools Equip 10031104 506100 - 80.79 - - - - - Police Ops Firearms Ammo 10031104 506300 12,114.43 20,553.71 17,955.72 18,000.00 18,000.00 18,000.00 18,000.00 Police Ops AssetForfeitureAT 10031104 506310 - - 17,457.89 - - - - Police Ops AssetForfeitureDC 10031104 506320 - - 7,132.88 - - - - Police Ops Uniforms 10031104 506410 21,051.74 16,763.15 12,945.06 20,000.00 15,000.00 20,000.00 20,000.00 Police Ops Special Awards 10031104 506420 - - - - - - - Police Ops Cap Outlay < $10K 10031104 508000 - - - - - - - Police Ops Land 10031104 508100 - - - - - - - Police Ops Equip 10031104 508200 19,308.10 - 37,814.13 25,000.00 25,000.00 25,000.00 25,000.00 Police Ops Vehicles 10031104 508210 - 166.00 104,735.87 - - - - Police Ops PP E 10031104 508220 - - - - - - - Police Ops Buildings 10031104 508300 - - - - - - - Police Ops Infrastructure 10031104 508400 - - - - - - - Police Ops Unemployment Ins 10031104 526000 - - - - - - - POLICE OPS COMMUNITY GRANT 10031104 558502 - 482.64 - - - - - TOTAL POLICE DEPARTMENT 2,518,997.92 3,017,701.86 3,304,899.57 3,209,751.00 490,200.00 3,437,220.00 3,437,220.00 64 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Personnel - - - - 0.00% Operating 7,166 4,100 7,656 7,656 3,556 86.73% Capital - - - - - 0.00% Total 7,166 4,100 7,656 7,656 3,556 86.73% *Position funding moved to 3101. General Fund Expenditure Budget Police Community Services/Animal Control Account Code: 10035104 Police/Animal Control Personnel Operating Capital 65 ACCOUNT DESCRIPTION ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 FY26 ORIGINAL BUDGET 2027 2027 ADOPTED 2027 Animal Pest Salaries FT 10035104 501000 8,532.01 - - - - - - Animal Pest Salaries PT 10035104 501100 - - - - - - - Animal Pest Overtime 10035104 501200 116.14 - - - - - - Animal Pest Separation Pay 10035104 501300 - - - - - - - Animal Pest FICA TAXES 10035104 502000 680.49 - - - - - - Animal Pest VRS Contrib 10035104 502100 1,010.26 - - - - - - Animal Pest VRS Ins 10035104 502200 124.21 - - - - - - Animal Pest Nationwide 10035104 502300 12.20 - - - - - - Animal Pest Medical Ins 10035104 502400 1,319.00 - - - - - - Animal Pest Hybrid Disb Ins 10035104 502500 - - - - - - - Animal Pest Workers' Comp 10035104 502600 - - - - - - - Animal Pest Contractual Svcs 10035104 503000 - - 3,886.00 - - - - Animal Pest Veterinary Svcs 10035104 503500 2,152.09 276.25 1,084.08 - 3,000.00 3,000.00 3,000.00 Animal Pest Maint Repairs Eq 10035104 505000 - - - - - - - Animal Pest Maint Svc Contra 10035104 505030 - - - - - - - Animal Pest Other Maint Cost 10035104 505040 - - - - - - - Animal Pest Printing Binding 10035104 505100 - - - - - - - Animal Pest Postage 10035104 505120 - - - - - - - Animal Pest Motor Vehicle In 10035104 505210 615.26 657.92 544.32 600.00 - 656.00 656.00 Animal Pest Telephone 10035104 505400 - - - - - - - Animal Pest Travel Training 10035104 505500 - - - - - - - Animal Pest Dues Subscriptio 10035104 505530 - - - - - - - Animal Pest Lease of Equip 10035104 505610 - - - - - - - Animal Pest Miscellaneous 10035104 505700 - - - - - - - National Nite Out_Comm Event 10035104 506000 1,658.19 2,500.11 1,651.87 2,000.00 2,500.00 2,500.00 2,500.00 Animal Pest Software 10035104 506010 - - - - - - - Animal Pest Small Tools Equi 10035104 506100 - - - - - - - National Nite Out_Comm Unifo 10035104 506410 1,194.17 441.69 - 1,500.00 1,500.00 1,500.00 1,500.00 Animal Pest Cap Outlay < $10 10035104 508000 - - - - - - - Animal Pest Land 10035104 508100 - - - - - - - Animal Pest Equip 10035104 508200 - - - - - - - Animal Pest Vehicles 10035104 508210 - - - - - - - Animal Pest PP E 10035104 508220 - - - - - - - Animal Pest Buildings 10035104 508300 - - - - - - - Animal Pest Infrastructure 10035104 508400 - - - - - - - Animal Pest Unemployment Ins 10035104 526000 - - - - - - - TOTAL ANIML CONTROL COMMUNITY SVCS 17,414.02 3,875.97 7,166.27 4,100.00 7,000.00 7,656.00 7,656.00 66 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Personnel - - - - - 0.00% Operating 159,290 150,000 150,000 150,000 - 0.00% Capital - - - - - 0.00% Total 159,290 150,000 150,000 150,000 - 0.00% General Fund Expenditure Budget Communication Services Personnel Operating Capital 67 ACCOUNT DESCRIPTION ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 FY26 ORIGINAL BUDGET 2027 2027 ADOPTED 2027 Communications ContractualSv 10031404 503000 150,000.00 150,000.00 159,290.00 150,000.00 150,000.00 150,000.00 150,000.00 TOTAL COMMUNICATIONS CONTRACTUALSVCS 150,000.00 150,000.00 159,290.00 150,000.00 150,000.00 150,000.00 150,000.00 68 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Personnel - - - - - 0.00% Operating 2,244 2,385 2,584 2,584 199 8.34% Capital - - - - - 0.00% Total 2,244 2,385 2,584 2,584 199 8.34% General Fund Expenditure Budget Fire and Emergency Services Personnel Operating Capital 69 ACCOUNT DESCRIPTION ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 FY26 ORIGINAL BUDGET 2027 2027 ADOPTED 2027 Fire EMS Bldg Property Ins 10032104 505220 3,050.36 3,155.52 2,243.68 2,385.00 2,584.00 2,584.00 2,584.00 TOTAL FIRE EMS BLDG PROPERTY INS 3,050.36 3,155.52 2,243.68 2,385.00 2,584.00 2,584.00 2,584.00 70 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Personnel 341,751 458,362 419,713 419,713 (38,649) -8.43% Operating 155,762 177,100 168,324 168,324 (8,776) -4.96% Capital 10,875 3,000 2,000 2,000 (1,000) -33.33% Total 508,387 638,462 590,037 590,037 (48,425) -7.58% Authorized Positions Mechanic 1.00 1.00 1.00 1.00 Chief Mechanic 1.00 1.00 1.00 1.00 Administrative Assistant - - - - Administrative Manager 1.00 1.00 1.00 1.00 Assistant PW Director - - - - PW Director 1.00 1.00 1.00 1.00 Total Positions 4.00 4.00 4.00 4.00 General Fund Expenditure Budget Public Works Administration Personnel Operating Capital 71 ACCOUNT DESCRIPTION ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 FY26 ORIGINAL BUDGET 2027 2027 ADOPTED 2027 MntHwyStBrAdm Salaries FT 10041104 501000 238,822.80 273,636.73 243,136.93 294,955.00 - 263,673.00 263,673.00 MntHwyStBrAdm Salaries PT 10041104 501100 2,958.93 21,418.44 5,121.94 44,320.00 - 44,320.00 44,320.00 MntHwyStBrAdm Overtime 10041104 501200 4,410.72 7,625.45 3,615.23 1,800.00 - 1,800.00 1,800.00 MntHwyStBrAdm Separation Pay 10041104 501300 - - 1,346.67 - - - - MntHwyStBrAdm FICA TAXES 10041104 502000 18,272.79 22,423.56 18,311.31 26,093.00 - 23,700.00 23,700.00 MntHwyStBrAdm VRS Contrib 10041104 502100 24,393.16 28,246.41 14,271.92 34,377.00 - 34,708.00 34,708.00 MntHwyStBrAdm VRS Ins 10041104 502200 3,032.31 3,472.76 12,517.07 3,926.00 - 2,780.00 2,780.00 MntHwyStBrAdm Nationwide 10041104 502300 237.86 364.65 336.19 480.00 - 360.00 360.00 MntHwyStBrAdm Medical Ins 10041104 502400 29,756.37 32,932.36 36,291.62 48,960.00 - 44,208.00 44,208.00 MntHwyStBrAdm Hybrid Disb In 10041104 502500 366.15 466.58 3,278.58 845.00 - 596.00 596.00 MntHwyStBrAdm Workers' Comp 10041104 502600 2,057.00 2,221.20 3,523.22 2,606.00 - 3,568.00 3,568.00 MntHwyStBrAdm Contractual Sv 10041104 503000 53,283.82 40,554.96 19,126.66 35,000.00 30,000.00 30,000.00 30,000.00 MntHwyStBrAdm Maint Rep Equi 10041104 505000 1,592.00 2,003.24 5,320.91 4,000.00 4,500.00 4,500.00 4,500.00 MntHwyStBrAdm Maint Svc Cntr 10041104 505030 1,500.00 1,581.07 18,678.01 15,000.00 15,000.00 15,000.00 15,000.00 MntHwyStBrAdm Other Maint Co 10041104 505040 10,223.74 15,747.52 13,263.55 12,000.00 12,000.00 12,000.00 12,000.00 MntHwyStBrAdm Printing Bindi 10041104 505100 - - - - - - - MntHwyStBrAdm Postage 10041104 505120 232.04 142.78 170.62 300.00 200.00 200.00 200.00 MntHwyStBrAdm MotorVehicle I 10041104 505210 136.00 581.76 680.41 600.00 600.00 604.00 604.00 MntHwyStBrAdm Property Ins 10041104 505220 936.23 546.44 940.76 2,300.00 2,300.00 1,084.00 1,084.00 MntHwyStBrAdm Liability Ins 10041104 505230 1,862.84 3,723.69 3,932.28 4,100.00 4,100.00 4,636.00 4,636.00 MntHwyStBrAdm Telephone 10041104 505400 5,961.46 6,732.87 5,814.57 7,000.00 7,000.00 7,000.00 7,000.00 MntHwyStBrAdm Electric 10041104 505410 10,657.70 14,922.68 13,713.08 15,000.00 15,000.00 15,000.00 15,000.00 MntHwyStBrAdm Heating Gas 10041104 505420 6,011.58 2,313.14 3,857.69 5,000.00 5,000.00 5,000.00 5,000.00 MntHwyStBrAdm Water Sewer 10041104 505430 1,365.56 2,844.88 2,448.30 3,000.00 3,000.00 3,000.00 3,000.00 MntHwyStBrAdm Travel Trainin 10041104 505500 3,188.00 2,375.00 4,947.00 6,000.00 4,000.00 2,000.00 2,000.00 MntHwyStBrAdm Empl Appr 10041104 505510 1,537.34 1,700.99 608.70 1,800.00 1,800.00 1,800.00 1,800.00 MntHwyStBrAdm Dues Subs 10041104 505530 478.71 555.44 751.99 500.00 1,000.00 1,000.00 1,000.00 MntHwyStBrAdm Lease of Equip 10041104 505610 31,614.22 30,685.35 33,159.92 37,000.00 37,000.00 37,000.00 37,000.00 MNTHWYSTBRADM VEHICLE FLUIDS 10041104 505630 6,554.21 7,109.20 5,680.27 7,500.00 7,500.00 7,500.00 7,500.00 MntHwyStBrAdm Miscellaneous 10041104 505700 2,298.13 3,052.04 2,910.41 2,500.00 2,500.00 1,500.00 1,500.00 MntHwyStBrAdm Materials Supl 10041104 506000 10,828.04 11,825.90 12,113.38 12,500.00 15,000.00 15,000.00 15,000.00 MntHwyStBrAdm Software 10041104 506010 - - - - - - - MntHwyStBrAdm Small Tools Eq 10041104 506100 2,169.69 3,983.31 2,609.99 2,000.00 2,500.00 2,000.00 2,000.00 MntHwyStBrAdm Uniforms 10041104 506410 1,675.10 3,494.89 5,033.21 4,000.00 4,000.00 2,500.00 2,500.00 MntHwyStBrAdm Special Awards 10041104 506420 - - - - - - - MntHwyStBrAdm Cap Outlay<$10 10041104 508000 - 10,300.00 - - - - - MntHwyStBrgAdm Land 10041104 508100 - - - - - - - MntHwyStBrAdm Equip 10041104 508200 2,188.41 3,515.63 10,874.54 3,000.00 3,000.00 2,000.00 2,000.00 MntHwyStBrAdm Vehicles 10041104 508210 - - - - - - - MntHwyStBrgAdm PP E 10041104 508220 - - - - - - - MntHwyStBrgAdm Buildings 10041104 508300 - - - - - - - MntHwyStBrgAdm Infrastructur 10041104 508400 - - - - - - - MntHwyStBrAdm Unemployment I 10041104 526000 - - - - - - - TOTAL HIGHWAY MAINTENANCE ADMIN 480,602.91 563,100.92 508,386.93 638,462.00 177,000.00 590,037.00 590,037.00 72 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Personnel 596,923 656,209 814,157 814,157 157,948 24.07% Operating 772,162 984,826 995,403 995,403 10,578 1.07% Capital 19,381 56,000 70,000 70,000 14,000 25.00% Total 1,388,466 1,697,035 1,879,560 1,879,560 182,526 10.76% Authorized Positions Mechanic - - - - Chief Mechanic - - - - Laborer - - - - Equipment Operator I 4.50 4.50 4.50 4.50 Equipment Operator II 2.50 2.50 2.50 2.50 Equipment Operator III - - - - Crew Leader 2.00 2.00 2.00 2.00 Total Positions 9.00 9.00 9.00 9.00 General Fund Expenditure Budget Highway Maintenance Personnel Operating Capital 73 ACCOUNT DESCRIPTION ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 FY26 ORIGINAL BUDGET 2027 2027 ADOPTED 2027 HwyStBrgSdwlk Salaries FT 10041204 501000 310,284.15 336,579.36 407,093.41 449,095.00 - 539,194.00 539,194.00 HwyStBrgSdwlk Salaries PT 10041204 501100 84.51 - 1,024.00 - - - - HwyStBrgSdwlk Overtime 10041204 501200 28,796.94 17,791.37 30,937.74 9,000.00 - 9,000.00 9,000.00 HwyStBrgSdwlk Separation Pay 10041204 501300 761.06 - - - - - - HwyStBrgSdwlk FICA TAXES 10041204 502000 25,460.18 26,460.36 32,951.86 35,045.00 - 41,937.00 41,937.00 HwyStBrgSdwlk VRS Contrib 10041204 502100 30,210.87 30,624.84 19,928.55 55,925.00 - 77,045.00 77,045.00 HwyStBrgSdwlk VRS Ins 10041204 502200 3,769.03 3,759.62 11,440.59 5,955.00 - 5,655.00 5,655.00 HwyStBrgSdwlk Nationwide 10041204 502300 304.34 163.82 222.27 1,140.00 - 1,380.00 1,380.00 HwyStBrgSdwlk Medical Ins 10041204 502400 48,256.86 52,304.13 55,321.65 79,956.00 - 113,652.00 113,652.00 HwyStBrgSdwlk Hybrid Disb In 10041204 502500 842.81 1,014.41 15,142.66 2,402.00 - 3,242.00 3,242.00 HwyStBrgSdwlk Workers' Comp 10041204 502600 14,546.04 15,632.96 22,860.60 17,691.00 - 23,052.00 23,052.00 HwyStBrgSdwlk Contractual Sv 10041204 503000 46,274.20 35,749.75 33,680.24 35,000.00 35,000.00 35,000.00 35,000.00 HwyStBrgSdwlk Maint Rep Equi 10041204 505000 31,978.10 82,758.46 58,042.45 45,000.00 45,000.00 35,000.00 35,000.00 HwyStBrgSdwlk Maint Rep Brid 10041204 505020 1,272.22 175,369.13 - 1,000.00 1,000.00 1,000.00 1,000.00 HwyStBrgSdwlk Maint Svc Cntr 10041204 505030 - - - - - - - HwyStBrgSdwlk Other Maint Co 10041204 505040 - 328.50 - - - - - HwyStBrgSdwlk Printing Bindi 10041204 505100 - 99.98 - - - - - HwyStBrgSdwlk Postage 10041204 505120 - - - - - - - HWYSTBRGSDWLK MOTOR VEHCLE I 10041204 505210 6,316.09 6,754.12 - - - - - HwyStBrgSdwl Property Ins 10041204 505220 1,319.90 1,365.40 - - - - - HWYSTBRGSDWLK LIABI INSURANC 10041204 505230 4,542.96 4,666.32 - - - - - HwyStBrgSdwlk Telephone 10041204 505400 - - - - - - - HwyStBrgSdwlk Travel Trainin 10041204 505500 3,353.47 1,070.00 4,450.27 3,000.00 3,000.00 3,000.00 3,000.00 HwyStBrgSdwlk Empl Appr 10041204 505510 - - - - - - - HwyStBrgSdwlk Dues Subs 10041204 505530 - - - - - - - HwyStBrgSdwlk Lease of Equip 10041204 505610 65,289.09 65,098.38 62,103.14 75,000.00 75,000.00 75,000.00 75,000.00 HWYSTBRGSDWLK VEHICLE FLUIDS 10041204 505630 35,208.50 28,345.40 23,936.13 37,500.00 37,500.00 37,500.00 37,500.00 HwyStBrgSdwlk Miscellaneous 10041204 505700 - - - - - - - HwyStBrgSdwlk Materials Supl 10041204 506000 20,740.86 12,179.34 6,013.95 11,000.00 11,000.00 11,000.00 11,000.00 HwyStBrgSdwlk Software 10041204 506010 - - - - - - - HWYSTBRGSDWLK STREETMATERIAL 10041204 506030 - - 3,015.13 5,000.00 5,000.00 5,000.00 5,000.00 HwyStBrgSdwlk Small Tools Eq 10041204 506100 722.13 1,186.50 1,078.77 2,000.00 2,000.00 2,000.00 2,000.00 HwyStBrgSdwlk Uniforms 10041204 506410 7,227.39 5,804.41 9,211.63 10,000.00 12,500.00 12,500.00 12,500.00 HwyStBrgSdwlk Special Awards 10041204 506420 - - - - - - - HwyStBrgSdwlk Cap Outlay<$10 10041204 508000 - - 1,550.00 - 35,000.00 30,000.00 30,000.00 HwyStBrdgSdwk Land 10041204 508100 - - - - - - - HwyStBrgSdwlk Equip 10041204 508200 15,404.55 4,864.22 2,657.32 26,000.00 20,000.00 15,000.00 15,000.00 HwyStBrgSdwlk Vehicles 10041204 508210 - - - - - - - HwyStBrdgSdwk PP E 10041204 508220 - - - - - - - HwyStBrdgSdwk Buildings 10041204 508300 - - - - - - - HwyStBrdgSdwk Infrastructure 10041204 508400 31,505.40 35,297.13 15,173.90 30,000.00 30,000.00 25,000.00 25,000.00 HwyStBrgSdwlk Unemployment I 10041204 526000 - - - - - - - HwyStBrgSdwlk Alley Maint 10041204 533106 45.00 - 23.00 2,000.00 2,000.00 2,000.00 2,000.00 HwyStBrgSdWlk R.O.WShoulderM 10041204 533107 - - - 100.00 100.00 100.00 100.00 HwyStBrSdwlk RR Crossing Mnt 10041204 533201 - - - 1,465.00 1,465.00 1,465.00 1,465.00 HwyStBrgSdwlk Mill & Pave 10041204 561703 1,128,712.55 2,035,500.06 570,606.93 741,760.73 - 749,838.23 749,838.23 PAVEMENT STRIPING & MARKING 10041204 561710 - - - 15,000.00 30,000.00 25,000.00 25,000.00 TOTAL HIGHWAY, STREET, BRIDGE MAINT.1,863,229.20 2,980,767.97 1,388,466.19 1,697,034.73 345,565.00 1,879,560.23 1,879,560.23 74 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Personnel - - - - - 0.00% Operating 119,325 110,000 105,360 105,360 (4,640) -4.22% Capital - - - - - 0.00% Total 119,325 110,000 105,360 105,360 (4,640) -4.22% General Fund Expenditure Budget Traffic Signs & Street Lights Personnel Operating Capital 75 ACCOUNT DESCRIPTION ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 FY26 ORIGINAL BUDGET 2027 2027 ADOPTED 2027 TrafficSigns Contractual Svc 10041324 503000 23,615.34 18,043.95 33,519.28 25,000.00 20,000.00 20,000.00 20,000.00 TrafficSigns Maint Rep Equip 10041324 505000 860.22 3,230.05 1,796.10 2,000.00 2,000.00 2,000.00 2,000.00 TrafficSigns Maint Svc Cntrc 10041324 505030 - - - - - - - TrafficSigns Other Maint Cos 10041324 505040 - 2,484.79 332.75 1,000.00 1,000.00 1,000.00 1,000.00 TrafficSigns Printing Bindin 10041324 505100 - - - - - - - TrafficSigns Postage 10041324 505120 - - - - - - - TRAFFICSIGNS MOTOR VEHICLE I 10041324 505210 544.02 581.76 716.20 700.00 700.00 860.00 860.00 TrafficSigns Telephone 10041324 505400 - - - - - - - TrafficSigns Electric 10041324 505410 19,716.59 22,130.51 17,575.65 18,000.00 18,000.00 18,000.00 18,000.00 TrafficSigns Lease of Equip 10041324 505610 18,597.23 11,883.72 11,401.06 13,000.00 13,000.00 13,000.00 13,000.00 TRAFFICSIGNS VEHICLE FLUIDS 10041324 505630 2,364.51 2,731.36 1,895.46 2,300.00 2,500.00 2,500.00 2,500.00 TrafficSigns Materials Supl 10041324 506000 9,457.35 17,285.50 9,346.53 8,000.00 8,000.00 8,000.00 8,000.00 TrafficSigns Small Tools Equ 10041324 506100 - - - - - - - TrafficSigns Cap Outlay<$10K 10041324 508000 - - - - - - - TrafficSigns Land 10041324 508100 - - - - - - - TrafficSigns Equip 10041324 508200 - - - - - - - TrafficSigns Vehicles 10041324 508210 - - - - - - - TrafficSigns PP E 10041324 508220 - - - - - - - TrafficSigns Buildings 10041324 508300 - - - - - - - TrafficSigns Infrastructure 10041324 508400 - - - - - - - TRAFFICSIGNS ELEC SERV-SUBD 10041324 551102 44,354.74 49,143.58 42,742.16 40,000.00 40,000.00 40,000.00 40,000.00 TOTAL TRAFFIC SIGNS STREET LIGHTS 119,510.00 127,515.22 119,325.19 110,000.00 105,200.00 105,360.00 105,360.00 76 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Personnel - - 5,383 5,383 5,383 100.00% Operating 38,683 20,600 25,600 25,600 5,000 24.27% Capital - - - - - 0.00% Total 38,683 20,600 30,983 30,983 10,383 50.40% General Fund Expenditure Budget Snow & Ice Removal Personnel Operating Capital 77 ACCOUNT DESCRIPTION ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 FY26 ORIGINAL BUDGET 2027 2027 ADOPTED 2027 Snow Ice Salaries FT 10041334 501000 76.42 - - - - - - Snow Ice Removal Overtime 10041334 501200 502.14 - - - - 5,000.00 5,000.00 Snow Ice Removal FICA TAXES 10041334 502000 43.36 - - - - 383.00 383.00 Snow Ice Removal VRS 10041334 502100 33.11 409.23 - - - - - Snow Ice Removal VRS INS 10041334 502200 4.08 50.23 - - - - - Snow Ice Removal NATIONWIDE 10041334 502300 0.29 4.30 - - - - - Snow Ice Removal MEDICAL INS 10041334 502400 58.61 109.36 - - - - - Snow Ice Removal HYBRID DISA 10041334 502500 1.65 1.81 - - - - - Snow Ice Contractual Svcs 10041334 503000 - - - - - - - Snow Ice Maint Repairs Equip 10041334 505000 - 3,939.58 20,393.45 10,000.00 10,000.00 10,000.00 10,000.00 Snow Ice Maint Svc Contracts 10041334 505030 - - - - - - - Snow Ice Lease of Equip 10041334 505610 - - - - - - - Snow Ice Miscellaneous 10041334 505700 - - - - - - - Snow Ice Materials Supplies 10041334 506000 10,109.52 7,020.72 18,193.41 10,000.00 15,000.00 15,000.00 15,000.00 Snow Ice Small Tools Equip 10041334 506100 - - 96.36 600.00 600.00 600.00 600.00 Snow Ice Cap Outlay<$10K 10041334 508000 - - - - - - - Snow Ice Land 10041334 508100 - - - - - - - Snow Ice Equip 10041334 508200 - - - - - - - Snow Ice Vehicles 10041334 508210 - - - - - - - Snow Ice PP E 10041334 508220 - - - - - - - Snow Ice Buildings 10041334 508300 - - - - - - - Snow Ice Infrastructure 10041334 508400 - - - - - - - Snow Ice Unemployment Ins 10041334 526000 - - - - - - - TOTAL SNOW ICE REMOVAL 10,829.18 11,535.23 38,683.22 20,600.00 25,600.00 30,983.00 30,983.00 78 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Personnel 278,614 285,548 300,274 300,274 14,726 5.16% Operating 318,981 318,900 353,168 353,168 34,268 10.75% Capital 327,559 - - - - 0.00% Total 925,154 604,448 653,442 653,442 48,994 8.11% Authorized Positions Equipment Operator I 1.00 1.00 1.00 1.00 Equipment Operator II 2.00 2.00 2.00 2.00 Crew Leader 1.00 1.00 1.00 1.00 Total Positions 4.00 4.00 4.00 4.00 General Fund Expenditure Budget Refuse Collection Personnel Operating Capital 79 ACCOUNT DESCRIPTION ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 FY26 ORIGINAL BUDGET 2027 2027 ADOPTED 2027 Refuse Ops Salaries FT 10042004 501000 45,528.93 182,746.81 177,528.85 182,006.00 - 188,419.00 188,419.00 Refuse Ops Salaries PT 10042004 501100 - - 4,628.00 - - - - Refuse Ops Overtime 10042004 501200 2,013.90 4,023.05 6,785.83 9,500.00 - 4,500.00 4,500.00 Refuse Ops Separation Pay 10042004 501300 - 2,375.71 - - - - - Refuse Ops FICA TAXES 10042004 502000 3,501.14 13,953.99 13,955.95 14,651.00 - 14,759.00 14,759.00 Refuse Ops VRS Contrib 10042004 502100 4,307.09 19,078.23 9,989.09 21,394.00 - 25,397.00 25,397.00 Refuse Ops VRS Ins 10042004 502200 529.49 2,354.01 7,477.59 2,413.00 - 1,977.00 1,977.00 Refuse Ops Nationwide 10042004 502300 31.79 65.00 - 480.00 - 480.00 480.00 Refuse Ops Medical Ins 10042004 502400 10,137.86 36,919.74 35,527.94 41,616.00 - 45,084.00 45,084.00 Refuse Ops Hybrid Disb Ins 10042004 502500 85.99 376.06 4,077.53 600.00 - 650.00 650.00 Refuse Ops Workers' Comp 10042004 502600 - 9,948.54 18,643.13 12,888.00 - 19,008.00 19,008.00 Refuse Ops Contractual Svcs 10042004 503000 1,110.51 - 584.99 2,000.00 - 15,000.00 15,000.00 Refuse Ops Maint Repairs Equ 10042004 505000 32,133.45 95,770.63 68,013.96 50,000.00 75,000.00 70,000.00 70,000.00 Refuse Ops Maint Svc Contrac 10042004 505030 - - - - - - - Refuse Ops Other Maint Costs 10042004 505040 - - - - - - - Refuse Ops Printing Binding 10042004 505100 - 1,686.75 - 100.00 100.00 100.00 100.00 Refuse Ops Postage 10042004 505120 - - - - - - - Refuse Ops Motor Vehicle Ins 10042004 505210 1,942.91 2,077.68 1,718.88 1,800.00 1,800.00 2,068.00 2,068.00 Refuse Ops Telephone 10042004 505400 - - - - - - - Refuse Ops Travel Training 10042004 505500 - 7,865.98 (7,865.98) - - - - Refuse Ops Empl Appreciation 10042004 505510 - - - - - - - Refuse Ops Dues Subscription 10042004 505530 - - - - - - - Refuse Ops Lease of Equip 10042004 505610 - - - - - - - REFUSE VEHICLE FLUIDS 10042004 505630 31,908.20 29,082.36 27,091.68 35,000.00 35,000.00 35,000.00 35,000.00 Refuse Ops Miscellaneous 10042004 505700 - - - - - - - Refuse Ops Materials Supplie 10042004 506000 1,507.87 514.77 1,253.63 1,000.00 1,000.00 1,000.00 1,000.00 Refuse Ops Small Tools Equip 10042004 506100 - - - - - - - Refuse Ops Uniforms 10042004 506410 2,565.33 3,912.63 4,059.91 4,000.00 6,000.00 5,000.00 5,000.00 Refuse Ops Regional Landfill 10042004 507120 216,251.13 232,641.40 220,367.06 225,000.00 225,000.00 225,000.00 225,000.00 Refuse Ops Cap Outlay<$10K 10042004 508000 7,108.30 7,498.30 327,559.00 - - - - Refuse Land 10042004 508100 - - - - - - - Refuse Ops Equip 10042004 508200 - 52.58 - - - - - Refuse Ops Vehicles 10042004 508210 - - - - - - - Refuse PP E 10042004 508220 - - - - - - - Refuse Buildings 10042004 508300 - - - - - - - Refuse Infrastructure 10042004 508400 - - - - - - - Refuse Ops Unemployment Ins 10042004 526000 - - 3,757.00 - - - - TOTAL REFUSE OPERATIONS 360,663.89 652,944.22 925,154.04 604,448.00 343,900.00 653,442.00 653,442.00 80 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Personnel 128,666 46,803 37,322 37,322 (9,481) -20.26% Operating 52,322 28,550 26,774 26,774 (1,776) -6.22% Capital - - - - - 0.00% Total 180,988 75,353 64,096 64,096 (11,257) -14.94% Authorized Positions Equipment Operator I 0.50 0.50 0.50 0.50 Equipment Operator II 0.50 0.50 0.50 0.50 Total Positions 1.00 1.00 1.00 1.00 General Fund Expenditure Budget Recycling Collection Personnel Operating Capital 81 ACCOUNT DESCRIPTION ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 FY26 ORIGINAL BUDGET 2027 2027 ADOPTED 2027 Recycling Salaries FT 10042704 501000 37,818.95 95,112.41 81,024.77 23,352.00 - 22,805.00 22,805.00 Recycling Salaries PT 10042704 501100 - - - - - - - Recycling Overtime 10042704 501200 1,303.77 3,998.74 4,446.64 1,000.00 - 1,000.00 1,000.00 Recycling Separation Pay 10042704 501300 - - - - - - - Recycling FICA TAXES 10042704 502000 2,987.12 7,275.15 5,907.36 12,913.00 - 1,822.00 1,822.00 Recycling VRS Contrib 10042704 502100 3,790.49 9,897.41 4,173.86 3,064.00 - 3,388.00 3,388.00 Recycling VRS Ins 10042704 502200 474.41 1,211.68 3,397.09 310.00 - 240.00 240.00 Recycling Nationwide 10042704 502300 62.96 169.35 14.31 60.00 - 60.00 60.00 Recycling Medical Ins 10042704 502400 5,199.53 19,895.08 24,631.60 4,284.00 - 4,596.00 4,596.00 Recycling Hybrid Disb Ins 10042704 502500 164.43 126.64 1,886.74 171.00 - 179.00 179.00 Recycling Workers' Comp 10042704 502600 1,755.18 1,895.28 3,183.53 1,649.00 - 3,232.00 3,232.00 Recycling Contractual Svcs 10042704 503000 2,257.94 3,730.46 2,955.08 4,000.00 4,000.00 4,000.00 4,000.00 Recycling Maint Repairs Equi 10042704 505000 3,689.79 2,798.79 40,517.91 13,000.00 13,000.00 11,000.00 11,000.00 Recycling Maint Svc Contract 10042704 505030 - - - - - - - Recycling Other Maint Costs 10042704 505040 - - - - - - - Recycling Printing Binding 10042704 505100 - 130.95 - 50.00 50.00 50.00 50.00 Recycling Postage 10042704 505120 - - - - - - - Recycling Motor Vehicle Ins 10042704 505210 1,538.14 1,644.80 1,432.40 1,500.00 1,500.00 1,724.00 1,724.00 Recycling Telephone 10042704 505400 - - - - - - - Recycling Travel Training 10042704 505500 - - - - - - - Recycling Empl Appreciation 10042704 505510 - - - - - - - Recycling Dues Subscriptions 10042704 505530 - - - - - - - Recycling Lease of Equip 10042704 505610 8,302.65 - - - - - - RECYCLING VEHICLE FLUIDS 10042704 505630 5,225.52 2,939.81 3,584.95 5,500.00 5,500.00 5,500.00 5,500.00 Recycling Miscellaneous 10042704 505700 - - - - - - - Recycling Materials Supplies 10042704 506000 2,174.77 357.21 1,587.92 2,000.00 2,000.00 2,000.00 2,000.00 Recycling Small Tools Equip 10042704 506100 - - - - - - - Recycling Uniforms 10042704 506410 1,169.45 1,732.88 2,243.55 2,500.00 2,500.00 2,500.00 2,500.00 Recycling Cap Outlay<$10K 10042704 508000 - - - - - - - Recycling Land 10042704 508100 - - - - - - - Recycling Equip 10042704 508200 - - - - - - - Recycling Vehicles 10042704 508210 - - - - - - - Recycling PP E 10042704 508220 - - - - - - - Recycling Buildings 10042704 508300 - - - - - - - Recycling Infrastructure 10042704 508400 - - - - - - - Recycling Unemployment Ins 10042704 526000 - - - - - - - TOTAL RECYCLING OPERATIONS 77,915.10 152,916.64 180,987.71 75,353.00 28,550.00 64,096.00 64,096.00 82 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Personnel 221,381 223,259 233,893 233,893 10,634 4.76% Operating 168,261 187,750 204,822 204,822 17,072 9.09% Capital - 101,000 - - (101,000) - Total 389,643 512,009 438,715 438,715 (73,294) -14.31% Authorized Positions Capital Projects Director 1.00 1.00 1.00 1.00 Facilities Supervisor 1.00 1.00 1.00 1.00 Total Positions 2.00 2.00 2.00 2.00 General Fund Expenditure Budget Building & Grounds Maintenance Personnel Operating Capital 83 ACCOUNT DESCRIPTION ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 FY26 ORIGINAL BUDGET 2027 2027 ADOPTED 2027 BldgGrndsAdm Salaries FT 10043104 501000 53,786.33 159,836.03 167,413.32 168,287.00 - 173,306.00 173,306.00 BldgGrndsAdm Salaries PT 10043104 501100 - - - - - - - BldgGrndsAdm Overtime 10043104 501200 495.65 92.04 106.29 500.00 - 500.00 500.00 BldgGrndsAdm Separation Pay 10043104 501300 - - - - - - - BldgGrndsAdm FICA TAXES 10043104 502000 4,018.58 12,156.40 12,750.99 12,913.00 - 13,297.00 13,297.00 BldgGrndsAdm VRS Contrib 10043104 502100 6,233.02 16,621.06 12,599.06 22,183.00 - 25,881.00 25,881.00 BldgGrndsAdm VRS Ins 10043104 502200 766.19 2,043.18 2,757.57 2,242.00 - 1,827.00 1,827.00 BldgGrndsAdm Nationwide 10043104 502300 113.66 122.14 120.00 240.00 - 240.00 240.00 BldgGrndsAdm Medical Ins 10043104 502400 13,184.05 13,728.00 13,744.39 13,800.00 - 14,904.00 14,904.00 BldgGrndsAdm Hybrid Disb Ins 10043104 502500 198.80 691.92 9,430.86 1,238.00 - 1,362.00 1,362.00 BldgGrndsAdm Workers' Comp 10043104 502600 354.44 389.67 2,458.79 1,856.00 - 2,576.00 2,576.00 BldgGrndsAdm Contractual Svc 10043104 503000 32,639.98 25,458.76 36,352.24 23,500.00 38,000.00 38,000.00 38,000.00 BldgGrndsAdm Maint Rep Equip 10043104 505000 5,544.01 83,374.18 4,569.99 18,400.00 18,400.00 18,400.00 18,400.00 BldgGrndsAdm Maint Rep Bldgs 10043104 505010 26,120.95 22,287.47 7,057.26 15,000.00 15,000.00 15,000.00 15,000.00 BldgGrndsAdm Maint Svc Cntrc 10043104 505030 15,736.13 115,883.61 8,607.09 5,000.00 - - - BldgGrndsAdm Other Maint Cos 10043104 505040 - 630.00 35.00 - - - - BldgGrndsAdm Printing Bindin 10043104 505100 - 1,882.50 2,137.00 1,500.00 1,500.00 1,500.00 1,500.00 BldgGrndsAdm Postage 10043104 505120 - - - - - - - BldgGrndsAdm Motor Vehicle I 10043104 505210 566.68 606.00 859.44 900.00 - 1,032.00 1,032.00 BldgGrndsAdm Property Ins 10043104 505220 11,434.65 10,592.44 11,290.00 11,600.00 - 12,996.00 12,996.00 BldgGrndsAdm Liability Ins 10043104 505230 10,273.03 10,552.00 20,644.40 21,300.00 - 24,344.00 24,344.00 BldgGrndsAdm Telephone 10043104 505400 9,864.52 12,660.12 8,017.00 10,500.00 10,500.00 10,500.00 10,500.00 BldgGrndsAdm Electric 10043104 505410 23,775.22 27,077.53 23,098.08 28,500.00 28,500.00 28,500.00 28,500.00 BldgGrndsAdm Heating Gas 10043104 505420 - - 61.64 - 1,000.00 1,000.00 1,000.00 BldgGrndsAdm Water Sewer 10043104 505430 10,091.61 14,692.92 12,246.85 12,000.00 12,000.00 12,000.00 12,000.00 BldgGrndsAdm Travel Training 10043104 505500 - - - 500.00 1,000.00 1,000.00 1,000.00 BldgGrndsAdm Dues Subs 10043104 505530 - 849.79 1,058.02 250.00 250.00 250.00 250.00 BldgGrndsAdm Lease of Equip 10043104 505610 6,089.38 18,418.58 15,177.27 14,000.00 14,000.00 14,000.00 14,000.00 BLDGGRNDSADM VEHICLE FLUIDS 10043104 505630 1,916.77 2,875.27 2,340.03 2,800.00 2,800.00 2,800.00 2,800.00 BldgGrndsAdm Miscellaneous 10043104 505700 1,370.22 1,637.70 3,719.71 2,000.00 2,000.00 2,000.00 2,000.00 BldgGrndsAdm Materials Supl 10043104 506000 4,180.93 10,625.92 1,964.96 2,500.00 4,000.00 4,000.00 4,000.00 BldgGrndsAdm Software 10043104 506010 - - - - - - - BldgGrndsAdm Small Tools Equ 10043104 506100 - 80.78 399.99 2,000.00 2,000.00 2,000.00 2,000.00 BldgGrndsAdm Uniforms 10043104 506410 756.97 683.42 410.37 500.00 500.00 500.00 500.00 BldgGrndsAdm Cap Outlay<$10K 10043104 508000 - 19,048.00 - 100,000.00 100,000.00 - - BldgGrdsAdm Land 10043104 508100 - - - - - - - BldgGrndsAdm Equip 10043104 508200 - 1,562.13 - 1,000.00 - - - BldgGrndsAdm Vehicles 10043104 508210 - - - - - - - BldgGrdsAdm PP E 10043104 508220 - - - - - - - BldgGrdsAdm Buildings 10043104 508300 - - - - - - - BldgGrdsAdm Infrastructure 10043104 508400 - - - - - - - BldgGrndsAdm Unemployment In 10043104 526000 - - - - - - - BldgGrndsAdm MaintofLandscap 10043104 533109 16,566.00 10,242.00 8,215.00 15,000.00 15,000.00 15,000.00 15,000.00 BldgGrndsAdm Parking Lot Mnt 10043104 533207 - 8,500.00 - - - - - BldgGrndsAdm Beautification 10043104 560704 - 215.69 - - - - - TOTAL BUILDING AND GROUNDS ADMIN 256,077.77 606,117.25 389,642.61 512,009.00 266,450.00 438,715.00 438,715.00 84 ACCOUNT DESCRIPTION ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 FY26 ORIGINAL BUDGET 2027 2027 ADOPTED 2027 GenProperty Contractual Svcs 10043204 503000 - - - - - - - GenProperty Maint Svc Cntrct 10043204 505030 - - - - - - - GenProperty Property Ins 10043204 505220 - - - 2,300.00 2,300.00 - - GenProperty CapOutlay<$10K 10043204 508000 - - - - - - - GenProperty Land 10043204 508100 - - - - - - - GenProperty Equipment 10043204 508200 - - - - - - - GenProperty Vehicles 10043204 508210 - - - - - - - GenProperty PP E 10043204 508220 - - - - - - - GenProperty Buildings 10043204 508300 - - - - - - - GenProperty Infrastructure 10043204 508400 - - - - - - - Gish Mill Expenses 10043204 550010 2,394.95 1,732.22 770.12 - - - - TOTAL GENERAL PROPERTY 2,394.95 1,732.22 770.12 2,300.00 2,300.00 - - 85 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Personnel - - - - - 0.00% Operating 19,151 26,000 25,450 25,450 (550) -2.12% Capital - - - - - 0.00% Total 19,151 26,000 25,450 25,450 (550) -2.12% General Fund Expenditure Budget Health Department Building Personnel Operating Capital 86 ACCOUNT DESCRIPTION ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 FY26 ORIGINAL BUDGET 2027 2027 ADOPTED 2027 Health Bldg Contractual Svcs 10043404 503000 - - - - - - - Health Bldg Maint Rep Equip 10043404 505000 - 72.14 3,810.55 5,000.00 10,422.82 5,000.00 5,000.00 DOH/ANNEX MAINT REP OF BLDGS 10043404 505010 332.06 4,033.90 1,351.88 - 1,648.71 2,000.00 2,000.00 Health Bldg Maint Svc Cntrct 10043404 505030 235.00 106.50 1,325.00 4,500.00 - 4,500.00 4,500.00 Health Bldg Other Maint Cost 10043404 505040 100.00 - - - - - - Health Bldg Motor Vehicle In 10043404 505210 - - - - - - - Health Bldg Property Ins 10043404 505220 - - - - - - - Health Bldg Liability Ins 10043404 505230 - - - - - - - Health Bldg Electric 10043404 505410 5,488.33 7,252.38 5,291.45 8,000.00 1,748.56 5,000.00 5,000.00 Health Bldg Heating Gas 10043404 505420 1,088.43 959.61 1,221.90 1,000.00 437.06 1,000.00 1,000.00 Health Bldg Water Sewer 10043404 505430 1,285.16 1,416.41 1,126.82 1,500.00 6,744.15 1,800.00 1,800.00 DOH/ANNEX LEASE OF EQUIPMENT 10043404 505610 - 3,311.13 3,813.79 3,500.00 2,412.16 3,650.00 3,650.00 Health Bldg Miscellaneous 10043404 505700 - 29.30 - - - - - Health Bldg Cap Outlay<$10K 10043404 508000 - - - - - - - HealthDeptBldg Land 10043404 508100 - - - - - - - Health Bldg Equip 10043404 508200 - - - - - - - HealthDeptBldg Vehicles 10043404 508210 - - - - - - - HealthDeptBldg PP E 10043404 508220 - - - - - - - HealthDeptBldg Buildings 10043404 508300 - - - - - - - HealthDeptBldg Infrastructur 10043404 508400 - - - - - - - DOH/ANNEX MAINT OF LANDSCAPE 10043404 533109 1,020.00 6,310.00 1,210.00 2,500.00 - 2,500.00 2,500.00 TOTAL HEALTH DEPARTMENT BUILDING 9,548.98 23,491.37 19,151.39 26,000.00 23,413.46 25,450.00 25,450.00 87 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Personnel 355,683 215,850 386,750 386,750 170,900 79.18% Operating 181,668 181,300 222,356 222,356 41,056 22.65% Capital 22,412 2,000 6,500 6,500 4,500 225.00% Total 559,763 399,150 615,606 615,606 216,456 54.23% Authorized Positions Programs Coordinator - - 1.00 1.00 Administrative Assistant 0.50 0.50 0.50 0.50 Facilities Manager 1.00 - 1.00 1.00 Programs Supervisor 2.00 1.00 1.00 1.00 Total Positions 3.00 1.50 3.50 3.50 General Fund Expenditure Budget War Memorial Facility Personnel Operating Capital 88 ACCOUNT DESCRIPTION ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 FY26 ORIGINAL BUDGET 2027 2027 ADOPTED 2027 VWM & Ctr Salaries FT 10071104 501000 65,398.21 185,656.59 248,549.75 125,476.00 - 251,921.00 251,921.00 VWM & Ctr Salaries PT 10071104 501100 12,791.98 24,383.87 14,558.82 27,791.00 35,000.00 22,076.00 22,076.00 VWM & Ctr Overtime 10071104 501200 183.43 4,255.70 504.50 - - - - VWM & Ctr Separation Pay 10071104 501300 - - - - - - - VWM & Ctr FICA TAXES 10071104 502000 5,145.61 15,604.33 18,985.89 11,725.00 - 20,961.00 20,961.00 VWM & Ctr VRS Contrib 10071104 502100 6,994.83 17,661.90 15,554.16 12,971.00 - 37,539.00 37,539.00 VWM & Ctr VRS Ins 10071104 502200 765.14 2,171.32 3,666.86 1,662.00 - 2,650.00 2,650.00 VWM & Ctr Nationwide 10071104 502300 63.93 134.29 245.00 360.00 - 480.00 480.00 VWM & Ctr Medical Ins 10071104 502400 11,640.20 33,617.00 38,160.00 33,048.00 - 45,084.00 45,084.00 VWM & Ctr Hybrid Disb Ins 10071104 502500 269.04 703.65 11,458.61 724.00 - 1,975.00 1,975.00 VWM & Ctr Workers' Comp 10071104 502600 106.02 2,310.58 3,999.74 2,093.00 - 4,064.00 4,064.00 VWM & Ctr Contractual 10071104 503000 50,496.09 68,874.48 9,721.69 7,500.00 15,000.00 15,000.00 15,000.00 VWM & Ctr MAINT REPAIRS-EQUI 10071104 505000 4,008.45 1,542.28 6,796.06 5,000.00 5,000.00 5,000.00 5,000.00 VWM & CTR MAINT REPAIRS- BLD 10071104 505010 26,300.46 30,975.67 4,086.47 5,000.00 5,000.00 5,000.00 5,000.00 VWM & Ctr MAINT SVC CONTRACT 10071104 505030 23,351.78 19,912.32 63,880.87 55,000.00 65,000.00 65,000.00 65,000.00 VWM & Ctr OTHER MAINT COSTS 10071104 505040 - - - - - - - VWM & Ctr PRINTING & BINDING 10071104 505100 - - - 5,000.00 5,000.00 5,000.00 5,000.00 VWM & Ctr POSTAGE 10071104 505120 59.50 280.86 24.71 5,000.00 5,000.00 5,000.00 5,000.00 VWM & SR CTR MOTOR VEHICLE I 10071104 505210 461.44 493.44 - - - - - VWM & Ctr PROPERTY INS 10071104 505220 2,904.56 3,004.64 2,652.92 2,700.00 2,700.00 3,056.00 3,056.00 VWM & Ctr LIABILITY INSURANCE 10071104 505230 3,638.94 4,699.16 2,457.68 2,600.00 2,600.00 2,900.00 2,900.00 VWM & Ctr Telephone 10071104 505400 7,703.83 9,379.76 6,491.70 9,000.00 9,000.00 9,000.00 9,000.00 VWM & Ctr ELECTRIC 10071104 505410 24,511.22 37,367.79 34,173.02 30,000.00 30,000.00 30,000.00 30,000.00 VWM & Ctr HEATING AND GAS 10071104 505420 7,669.17 7,898.33 18,020.26 16,000.00 16,000.00 16,000.00 16,000.00 VWM & Ctr WATER SEWER 10071104 505430 6,332.78 8,829.13 6,547.24 8,000.00 8,000.00 8,000.00 8,000.00 VWM & Ctr Credit Card Fees 10071104 505440 1,797.70 2,178.24 626.75 1,500.00 1,500.00 1,500.00 1,500.00 VWM & Ctr Travel Training 10071104 505500 - 90.00 730.00 2,500.00 2,500.00 2,500.00 2,500.00 VWM & Ctr Empl Appreciation 10071104 505510 - - - - - - - VWM & Ctr Dues Subscriptions 10071104 505530 484.95 684.95 697.29 1,000.00 1,000.00 1,000.00 1,000.00 VWM & Ctr Lease of Equip 10071104 505610 1,092.81 1,324.14 1,525.31 3,000.00 5,400.00 5,400.00 5,400.00 VWM & CTR VEHICLE FLUIDS 10071104 505630 76.37 157.02 455.87 1,000.00 1,000.00 1,000.00 1,000.00 VWM & Ctr Miscellaneous 10071104 505700 - 140.50 404.94 500.00 500.00 500.00 500.00 VWM & Ctr Materials Supplies 10071104 506000 8,785.40 21,234.56 10,469.48 4,000.00 15,000.00 15,000.00 15,000.00 VWM & Ctr Software 10071104 506010 - - - - - 2,500.00 2,500.00 VWM & Ctr Small Tools Equip 10071104 506100 - - - - - - - VWM & Ctr Uniforms 10071104 506410 - 43.97 - 2,000.00 2,000.00 2,000.00 2,000.00 VWM & Ctr Cap Outlay<$10K 10071104 508000 - - - - - - - VWM & Ctr Land 10071104 508100 - - - - - - - VWM & Ctr Equip 10071104 508200 1,911.66 3,332.73 17,265.54 2,000.00 3,000.00 6,500.00 6,500.00 VWM & Ctr Vehicles 10071104 508210 - - - - - - - VWM & Ctr PP E 10071104 508220 - - - - - - - VWM & Ctr Buildings 10071104 508300 - - - - - - - VWM & CTR FURNITURE & FIXTUR 10071104 508310 - - 5,146.48 - - - - VWM & Ctr Infrastructure 10071104 508400 - - - - - - - VWM & SR CTR INTRDPT FUNCTIO 10071104 513000 7,762.50 - - - - - - VWM & Ctr Unemployment Ins 10071104 526000 - - 506.90 - - - - VWM & CTR ADVERTISING 10071104 536000 10,671.06 6,333.81 7,064.69 15,000.00 15,000.00 15,000.00 15,000.00 VWM & SR Ctr REVENUE REFUND 10071104 558400 1,700.00 1,890.00 10.00 - - - - VWM & CTR FOOD SUPPLIES & SV 10071104 560201 1,704.22 2,977.29 4,323.97 - 7,000.00 7,000.00 7,000.00 TOTAL V.WAR MEMORIAL & SR. CENTER 296,783.28 520,144.30 559,763.17 399,150.00 257,200.00 615,606.00 615,606.00 SeniorProg Materials Supplie 10071804 506000 - - - - - - - TOTAL SENIOR PROGRAM - - - - - - - 89 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Personnel 31,939 157,460 165,552 165,552 8,092 5.14% Operating 129,732 126,350 127,626 127,626 1,276 1.01% Capital 4,687 - - - - 0.00% Total 166,358 283,810 293,178 293,178 9,368 3.30% Authorized Positions 1.00 1.00 1.00 1.00 Total Positions 1.00 1.00 1.00 1.00 General Fund Expenditure Budget Special Programs Personnel Operating Capital 90 ACCOUNT DESCRIPTION ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 FY26 ORIGINAL BUDGET 2027 2027 ADOPTED 2027 SpecProg Salaries FT 10071504 501000 1,225.96 - - 113,004.00 - 116,298.00 116,298.00 SpecProg Salaries PT 10071504 501100 52.02 - - - - - - SpecProg Overtime 10071504 501200 21,341.40 23,998.71 21,121.01 15,000.00 15,000.00 - - SpecProg SEPARATION PAY 10071504 501300 - - - - - - - SpecProg FICA TAXES 10071504 502000 1,582.17 2,127.25 1,513.11 9,793.00 - 10,045.00 10,045.00 SpecProg VRS CONTRIB 10071504 502100 1,829.50 1,774.57 2,022.63 14,560.00 - 16,988.00 16,988.00 SpecProg VRS INSURANCE 10071504 502200 (719.16) 218.07 222.40 1,472.00 - 1,199.00 1,199.00 SpecProg NATIONWIDE 10071504 502300 22.82 21.45 16.05 120.00 - 120.00 120.00 SpecProg MEDICAL INS 10071504 502400 3,519.41 4,323.94 4,529.17 15,912.00 - 17,508.00 17,508.00 SpecProg HYBRID DISAB INS 10071504 502500 47.16 47.99 42.12 813.00 - 894.00 894.00 SpecProg WORKERS COMP 10071504 502600 1,497.48 1,617.00 2,472.14 1,786.00 - 2,500.00 2,500.00 SpecProg Contractual Svcs 10071504 503000 30,868.93 24,132.60 49,198.17 39,000.00 41,000.00 41,000.00 41,000.00 SpecProg Maint Repairs Equip 10071504 505000 926.73 1,818.84 421.99 500.00 500.00 500.00 500.00 SpecProg Maint Svc Contracts 10071504 505030 - 945.00 398.47 - - - - SpecProg Other Maint Costs 10071504 505040 - - - - - - - SpecProg Printing Binding 10071504 505100 7,421.00 6,586.00 6,823.50 7,500.00 7,500.00 7,500.00 7,500.00 SpecProg Postage 10071504 505120 2,953.25 3,259.84 3,770.92 4,250.00 4,250.00 4,250.00 4,250.00 SpecProg Motor Vehicle Ins 10071504 505210 - - - - - - - SpecProg Property Ins 10071504 505220 1,055.16 1,091.52 776.12 800.00 800.00 892.00 892.00 SpecProg Liability Ins 10071504 505230 3,725.69 3,826.84 3,208.72 3,300.00 3,600.00 3,784.00 3,784.00 SpecProg Telephone 10071504 505400 2,331.81 1,735.72 1,286.72 2,000.00 2,000.00 2,000.00 2,000.00 SpecProg Electric 10071504 505410 3,052.75 3,684.12 4,182.59 3,500.00 4,200.00 4,200.00 4,200.00 SpecProg Heating Gas 10071504 505420 - - - - - - - SpecProg Water Sewer 10071504 505430 1,549.41 902.11 716.05 1,000.00 1,000.00 1,000.00 1,000.00 SpecProg Travel Training 10071504 505500 - - 2,686.00 3,500.00 3,500.00 3,500.00 3,500.00 SpecProg EMPLOYEE APPRECIATI 10071504 505510 - - - - - - - SpecProg Dues Subscriptions 10071504 505530 - 450.00 679.99 1,000.00 1,000.00 1,000.00 1,000.00 SpecProg Lease of Equip 10071504 505610 6,822.94 5,218.29 6,525.12 10,000.00 8,000.00 8,000.00 8,000.00 SPECPROG VEHICLE FLUIDS 10071504 505630 976.69 1,171.37 551.92 750.00 750.00 750.00 750.00 SpecProg Miscellaneous 10071504 505700 590.00 1,041.87 167.99 250.00 250.00 250.00 250.00 FARMERS MARKET 10071504 505701 14,102.33 1,190.96 6,452.32 5,000.00 5,000.00 5,000.00 5,000.00 SpecProg Materials Supplies 10071504 506000 4,740.27 25,405.35 23,083.65 13,000.00 13,000.00 13,000.00 13,000.00 SpecProg Software 10071504 506010 - - - - - - - SpecProg Small Tools Equip 10071504 506100 - - - - - - - TOV BREAST CANCER WALK 10071504 506420 - - - - - - - SpecProg Cap Outlay<$10K 10071504 508000 - - - - - - - SpecProg Land 10071504 508100 - - - - - - - SpecProg Equip 10071504 508200 - 1,082.46 4,686.72 - - - - SpecProg Vehicles 10071504 508210 - 474.39 - - - - - SpecProg PP E 10071504 508220 - - - - - - - SpecProg Buildings 10071504 508300 - - - - - - - SpecProg Infrastructure 10071504 508400 - - - - - - - SpecProg Unemployment Ins 10071504 526000 - 3,780.00 - - - - - SPECPROG ADVERTISING 10071504 536000 12,398.33 14,961.45 10,789.43 14,000.00 14,000.00 14,000.00 14,000.00 SPECPROG FOOD SUPPLIES & SV 10071504 560201 925.75 5,134.14 1,668.81 2,000.00 2,000.00 2,000.00 2,000.00 SpecProg SPECIAL PROJECTS 10071504 561706 - 774.90 6,343.73 15,000.00 15,000.00 15,000.00 15,000.00 TOTAL SPECIAL PROGRAMS 124,839.80 142,796.75 166,357.56 298,810.00 142,350.00 293,178.00 293,178.00 91 Adopted Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Personnel (624) 15,000 15,000 15,000 - 0.00% Operating - -- - - 0.00% Capital - -- - - 0.00% Total (624) 15,000 15,000 15,000 - 0.00% General Fund Expenditure Budget Community Program Employee Overtime Account Code: 10071507 92 ACCOUNT DESCRIPTION ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 FY26 ORIGINAL BUDGET 2027 2027 ADOPTED 2027 COMM PROG OTH DEPT EMP OT 10071507 501200 - - (624.00) - - 15,000.00 15,000.00 TOTAL COMMUNITY PROGRAMS - - (624.00) - - 15,000.00 15,000.00 93 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Personnel - - - - - 0.00% Operating 631 5,000 - - (5,000) -100.00% Capital - - - - - 0.00% Total 631 5,000 - - (5,000) -100.00% General Fund Expenditure Budget 94 ACCOUNT DESCRIPTION ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 FY26 ORIGINAL BUDGET 2027 2027 ADOPTED 2027 VetMonument Contractual Svcs 10071704 503000 - - - - - - - VetMonument Maint Rep Equip 10071704 505000 - 83.92 604.04 4,560.00 - - - VetMonument Maint Svc Cntrct 10071704 505030 - - - - - - - VetMonument Other Maint Cost 10071704 505040 - - 27.25 - - - - VetMonument Electric 10071704 505410 - - - - - - - VetMonument Water Sewer 10071704 505430 - - - 190.00 - - - VetMonument Miscellaneous 10071704 505700 - - - - - - - VetMonument Materials Suppli 10071704 506000 - - - - - - - VetMonument Small Tools Equi 10071704 506100 - - - - - - - VetMonument Cap Outlay<$10K 10071704 508000 - - - - - - - VetMonument Land 10071704 508100 - - - - - - - VetMonument Equipment 10071704 508200 - - - - - - - VetMonument Vehicles 10071704 508210 - - - - - - - VetMonument PP E 10071704 508220 - - - - - - - VetMonument Buildings 10071704 508300 - - - - - - - VetMonument Infrastructure 10071704 508400 - - - - - - - VETMONUMENT ADVERTISING 10071704 536000 475.00 - - 250.00 - - - TOTAL VETERANS MONUMENT 475.00 83.92 631.29 5,000.00 - - - 95 Actal Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Personnel 15,302 12,592 12,964 12,964 372 2.95% Operating 5,699 10,525 10,525 10,525 - 0.00% Capital - - - - - 0.00% Total 21,001 23,117 23,489 23,489 372 1.61% General Fund Expenditure Budget Town Museum Personnel Operating Capital 96 ACCOUNT DESCRIPTION ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 FY26 ORIGINAL BUDGET 2027 2027 ADOPTED 2027 TownMuseum Salaries PT 10072204 501100 9,635.67 12,744.24 14,205.47 11,691.00 - 12,031.00 12,031.00 TownMuseum Overtime 10072204 501200 - - - - - - - TownMuseum FICA TAXES 10072204 502000 933.00 974.97 1,086.74 895.00 - 921.00 921.00 TownMuseum Workers' Comp 10072204 502600 5.42 5.84 9.93 6.00 6.00 12.00 12.00 TownMuseum Contractual Svcs 10072204 503000 - - - - - - - TownMuseum Maint Repairs Equ 10072204 505000 5,752.85 1,360.35 169.53 500.00 500.00 500.00 500.00 TownMuseum Maint Repairs Bld 10072204 505010 - (16.48) 287.13 5,000.00 5,000.00 5,000.00 5,000.00 TownMuseum Maint Svc Contrac 10072204 505030 - - 352.47 - - - - TownMuseum Other Maint Costs 10072204 505040 45.00 121.49 (3.99) - - - - TownMuseum Property Ins 10072204 505220 - - - - - - - TownMuseum Liability Ins 10072204 505230 - - - - - - - TownMuseum Telephone 10072204 505400 2,073.90 2,159.18 2,313.34 2,000.00 2,000.00 2,000.00 2,000.00 TownMuseum Electric 10072204 505410 382.31 591.98 403.03 475.00 475.00 475.00 475.00 TownMuseum Heating Gas 10072204 505420 1,655.61 1,576.99 1,784.54 2,100.00 2,100.00 2,100.00 2,100.00 TownMuseum Water Sewer 10072204 505430 375.77 497.57 392.68 450.00 450.00 450.00 450.00 TownMuseum Cap Outlay<$10K 10072204 508000 - - - - - - - TownMuseum Land 10072204 508100 - - - - - - - TownMuseum Equip 10072204 508200 - - - - - - - TownMuseum Vehicles 10072204 508210 - - - - - - - TownMuseum PP E 10072204 508220 - - - - - - - TownMuseum Buildings 10072204 508300 - - - - - - - TownMuseum Infrastructure 10072204 508400 - - - - - - - TOTAL TOWN MUSEUM 20,859.53 20,016.13 21,000.87 23,117.00 10,531.00 23,489.00 23,489.00 97 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Personnel 426,007 460,578 515,907 515,907 55,329 12.01% Operating 181,817 53,050 57,685 57,685 4,635 8.74% Capital 1,261 1,000 3,500 3,500 2,500 250.00% Total 609,085 514,628 577,092 577,092 62,464 12.14% Authorized Positions Office Coordinator 1.00 1.00 1.00 1.00 Associate Planner - - - - Principal Planner 1.00 - - - Code Enforcement Officer - 1.00 1.00 1.00 Asst. Planning Director 1.00 1.00 1.00 1.00 Planning/Zoning Director 1.00 1.00 1.00 1.00 Total Positions 4.00 4.00 4.00 4.00 General Fund Expenditure Budget Planning & Zoning Department Personnel Operating Capital 98 ACCOUNT DESCRIPTION ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 FY26 ORIGINAL BUDGET 2027 2027 ADOPTED 2027 Plan Zone Salaries FT 10081104 501000 4,185.78 318,597.52 306,148.67 340,687.00 75,000.00 350,847.00 350,847.00 Plan Zone Salaries PT 10081104 501100 - - 5,430.00 - - 31,123.00 31,123.00 Plan Zone Overtime 10081104 501200 - - - - - - - Plan Zone Separation Pay 10081104 501300 - - 6,679.91 - - - - Plan Zone FICA TAXES 10081104 502000 311.12 23,748.51 23,704.04 26,063.00 - 29,221.00 29,221.00 Plan Zone VRS Contrib 10081104 502100 (60.00) 33,514.92 18,749.64 40,517.00 - 47,872.00 47,872.00 Plan Zone VRS Ins 10081104 502200 948.48 4,120.32 13,291.36 4,539.00 - 3,698.00 3,698.00 Plan Zone Nationwide 10081104 502300 47.14 488.57 450.00 480.00 - 480.00 480.00 Plan Zone Medical Ins 10081104 502400 - 44,664.00 41,094.00 44,736.00 - 48,192.00 48,192.00 Plan Zone Hybrid Disb Ins 10081104 502500 - 645.30 6,261.45 1,206.00 - 1,326.00 1,326.00 Plan Zone Workers' Comp 10081104 502600 - 16,080.97 4,198.36 2,350.00 - 3,148.00 3,148.00 Plan Zone Contractual Svcs 10081104 503000 11,549.00 54,395.13 151,248.20 20,000.00 40,000.00 20,000.00 20,000.00 Plan Zone Maint Repairs Equi 10081104 505000 84.38 70.29 66.00 1,000.00 1,000.00 1,000.00 1,000.00 Plan Zone Maint Svc Contract 10081104 505030 - - 2,371.26 3,000.00 500.00 500.00 500.00 Plan Zone Other Maint Costs 10081104 505040 - - - - - - - Plan Zone Printing Binding 10081104 505100 - 248.63 - 500.00 500.00 500.00 500.00 Plan Zone Postage 10081104 505120 322.49 476.49 513.50 750.00 750.00 750.00 750.00 Plan Zone Motor Vehicle Ins 10081104 505210 828.76 865.68 537.15 800.00 500.00 860.00 860.00 Plan Zone Telephone 10081104 505400 2,312.07 3,137.49 1,685.43 3,000.00 2,500.00 2,500.00 2,500.00 Plan Zone Travel Training 10081104 505500 3,621.71 5,030.80 11,199.14 7,500.00 7,500.00 7,500.00 7,500.00 Plan Zone Dues Subscriptions 10081104 505530 5,356.72 1,376.73 2,171.00 2,500.00 2,000.00 2,000.00 2,000.00 Plan Zone Lease of Equip 10081104 505610 6,718.21 6,538.62 6,236.92 8,000.00 7,975.00 7,975.00 7,975.00 PLAN ZONE VEHICLE FLUIDS 10081104 505630 263.73 489.87 267.85 500.00 600.00 600.00 600.00 Plan Zone Miscellaneous 10081104 505700 389.33 848.61 1,746.24 1,000.00 2,500.00 2,500.00 2,500.00 Plan Zone Materials Supplies 10081104 506000 456.61 489.94 832.86 1,000.00 2,500.00 2,500.00 2,500.00 Plan Zone Software 10081104 506010 - - - - 1,000.00 2,000.00 2,000.00 Plan Zone Small Tools Equip 10081104 506100 - - - - - - - Plan Zone Uniforms 10081104 506410 - - - 500.00 - - - Plan Zone Cap Outlay<$10K 10081104 508000 - - - - - - - Plan Zone Land 10081104 508100 - - - - - - - Plan Zone Equip 10081104 508200 525.00 6,246.23 1,260.90 - 3,000.00 3,500.00 3,500.00 Plan Zone Vehicles 10081104 508210 - - - - - - - Plan Zone PP E 10081104 508220 - - - - - - - Plan Zone Buildings 10081104 508300 - - - - - - - Plan Zone Furn & Fix 10081104 508310 503.50 - - 1,000.00 - - - Plan Zone Infrastructure 10081104 508400 - - - - - - - Plan Zone Facade Grant Prgm 10081104 510000 - - - - - - - Plan Zone Unemployment Ins 10081104 526000 - - - - - - - PLAN ZONE ADVERTISING 10081104 536000 684.00 1,436.37 415.00 2,500.00 2,500.00 1,500.00 1,500.00 Plan Zone GREENWAY EXPENITUR 10081104 560702 1,756.82 2,318.69 2,455.25 - 5,000.00 5,000.00 5,000.00 Plan Zone Special Projects 10081104 561706 613.12 - 71.00 500.00 1,500.00 - - TOTAL PLANNING ZONING 41,417.97 525,829.68 609,085.13 514,628.00 156,825.00 577,092.00 577,092.00 99 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Personnel 105,279 59,931 62,185 62,185 2,254 0.00% Operating 132,907 94,232 42,500 42,500 (51,732) -54.90% Capital 8,920 - - - - 0.00% Total 247,106 154,163 104,685 104,685 (49,478) -32.09% Authorized Positions Special Projects Assistant 0.50 0.50 0.50 0.50 Econ Dev Specialist 1.00 - - - Total Positions 1.50 0.50 0.50 0.50 General Fund Expenditure Budget Economic Development Personnel Operating Capital 100 ACCOUNT DESCRIPTION ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 FY26 ORIGINAL BUDGET 2027 2027 ADOPTED 2027 EconDev Salaries FT 10081504 501000 - 76,919.18 59,720.70 - - - - EconDev Salaries PT 10081504 501100 - - 22,660.00 55,250.00 - 56,900.00 56,900.00 EconDev Overtime 10081504 501200 - - - - - - - EconDev Separation Pay 10081504 501300 - - 2,515.87 - - - - EconDev FICA TAXES 10081504 502000 - 5,858.58 3,770.88 4,227.00 - 4,353.00 4,353.00 EconDev VRS Contrib 10081504 502100 - 8,160.98 6,706.72 - - - - EconDev VRS Ins 10081504 502200 - 1,003.22 854.06 - - - - EconDev Nationwide 10081504 502300 - 120.00 95.00 - - - - EconDev Medical Ins 10081504 502400 - 8,568.00 5,712.00 - - - - EconDev Hybrid Disb Ins 10081504 502500 - 333.48 2,366.36 - - - - EconDev Workers' Comp 10081504 502600 - - 877.88 454.00 - 932.00 932.00 EconDev Contractual Svcs 10081504 503000 14,400.00 31,830.06 31,516.14 18,000.00 - - - EconDev Maint Repairs Equip 10081504 505000 825.34 - 1,351.58 - - - - EconDev Maint Svc Contracts 10081504 505030 - - 5,517.92 5,500.00 - - - EconDev Other Maint Costs 10081504 505040 - - - - - - - EconDev Printing Binding 10081504 505100 - - - - - - - EconDev Postage 10081504 505120 - - - - - - - EconDev Telephone 10081504 505400 - - - 700.00 - - - EconDev Travel Training 10081504 505500 350.00 6,001.97 6,299.43 1,000.00 1,000.00 1,000.00 1,000.00 EconDev Dues Subscriptions 10081504 505530 24.95 - 535.06 200.00 - - - EconDev Lease of Equip 10081504 505610 - - - - - - - EconDev Miscellaneous 10081504 505700 - 170,441.65 631.78 - - - - EconDev Materials Supplies 10081504 506000 429.84 - - - - - - EconDev Software 10081504 506010 - - - - - - - EconDev Small Tools Equip 10081504 506100 - - - - - - - EconDev Uniforms 10081504 506410 - - - - - - - EconDev Cap Outlay<$10K 10081504 508000 48,463.90 103,073.75 8,919.56 - - - - Econ Dev Land 10081504 508100 - - - - - - - EconDev Equip 10081504 508200 - - - - - - - EconDev Vehicles 10081504 508210 - - - - - - - Econ Dev PP E 10081504 508220 - - - - - - - Econ Dev Buildings 10081504 508300 - - - - - - - EconDev FURNITURE & FIXTURES 10081504 508310 245.53 - - - - - - Econ Dev Infrastructure 10081504 508400 - - - - - - - EconDev Facade Grant Prgm 10081504 510000 - 1,500.00 - 25,000.00 20,000.00 20,000.00 20,000.00 EconDev Unemployment Ins 10081504 526000 - - - - - - - ECONDEV ADVERTISING 10081504 536000 2,260.00 7,255.43 2,615.00 3,000.00 1,500.00 1,500.00 1,500.00 ECON DEV LEASE/RENT BLDG 10081504 554202 - 11,100.00 15,293.00 15,832.00 - - - EconDev Chamber Sponsorship 10081504 555000 - - - - - - - EconDev Special Projects 10081504 561706 22,022.50 21,395.00 69,147.15 25,000.00 20,000.00 20,000.00 20,000.00 TOTAL ECONOMIC DEVELOPMENT 89,022.06 453,561.30 247,106.09 154,163.00 42,500.00 104,685.00 104,685.00 101 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Personnel - - - - - 0.00% Operating 2,479 2,850 2,850 2,850 - 0.00% Capital - - - - - 0.00% Total 2,479 2,850 2,850 2,850 - 0.00% General Fund Expenditure Budget Vinton Business Center Personnel Operating Capital 102 ACCOUNT DESCRIPTION ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 FY26 ORIGINAL BUDGET 2027 2027 ADOPTED 2027 BusCenter Contractual Svcs 10081804 503000 2,272.50 2,272.50 116.75 2,250.00 2,250.00 2,250.00 2,250.00 BusCenter Maint Repairs Equi 10081804 505000 237.16 - - 200.00 200.00 200.00 200.00 BusCenter Maint Svc Contract 10081804 505030 - - - - - - - BusCenter Other Maint Costs 10081804 505040 - - - - - - - BusCenter Electric 10081804 505410 223.93 223.93 2,362.50 250.00 250.00 250.00 250.00 BusCenter Miscellaneous 10081804 505700 - - - 150.00 150.00 150.00 150.00 BusCenter Materials Supplies 10081804 506000 - - - - - - - BUSCENTER MAINT OF LANDSCAPE 10081804 533109 - - - - - - - TOTAL VINTON BUSINESS CENTER 2,733.59 2,496.43 2,479.25 2,850.00 2,850.00 2,850.00 2,850.00 103 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Personnel - - - - - 0.00% Operating 103,861 80,000 80,000 80,000 - 0.00% Capital - - - - - 0.00% Total 103,861 80,000 80,000 80,000 - 0.00% General Fund Expenditure Budget Public Transportation Personnel Operating Capital 104 ACCOUNT DESCRIPTION ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 FY26 ORIGINAL BUDGET 2027 2027 ADOPTED 2027 PublicTrans Contractual Svcs 10081704 503000 79,450.85 83,230.69 103,860.96 80,000.00 80,000.00 80,000.00 80,000.00 TOTAL PUBLICTRANS CONTRACTUAL SVCS 79,450.85 83,230.69 103,860.96 80,000.00 80,000.00 80,000.00 80,000.00 105 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Personnel - - - - - 0.00% Operating 253,706 913,350 736,500 736,500 (176,850) -19.36% Capital - - - - - 0.00% Total 253,706 913,350 736,500 736,500 (176,850) -19.36% General Fund Expenditure Budget Performance Agreements Personnel Operating Capital 106 ACCOUNT DESCRIPTION ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 FY26 ORIGINAL BUDGET 2027 2027 ADOPTED 2027 CONTRACTUAL SERVICES 10081604 503000 - - 53,705.94 - - - - E.CLEVELAND CONTRACT SRVCS 10081604 503000 ECLEV - 32,016.53 - - 4,000.00 4,000.00 4,000.00 107 Pollard PRF ARGMNT 10081604 503000 107PO - - - - - - - W.LEE PUBLIC PLAZA PFAGT 10081604 503000 WLEE - - - 150,000.00 50,000.00 50,000.00 50,000.00 RCOOK PRF ARGMNT 10081604 503000 RCOOK 1,364.93 929.59 - - 460,000.00 460,000.00 460,000.00 WBRYD PRF ARGMNT 10081604 503000 WBYRD 3,224.76 3,385.13 - 3,350.00 137,500.00 137,500.00 137,500.00 Macados PRF ARGMNT 10081604 503000 OLDLB 50,000.00 50,000.00 - 50,000.00 - - - Vinton Station PRF ARGMT 10081604 503000 VNSTN 50,000.00 50,000.00 - 50,000.00 - 50,000.00 50,000.00 Gish Mill PRF ARGMNT 10081604 503000 GISHM - - - - 35,000.00 35,000.00 35,000.00 Hotel PRF ARGMNT 10081604 503000 HOTEL - - - - - - - GISH MILL AGREEMENT 10081604 556000 - 398,750.00 200,000.00 460,000.00 - - - HOTEL AGREEMENT 10081604 556500 - 14,530.00 - 200,000.00 - - - TOTAL PERFORMANCE AGREEMENTS 104,589.69 549,611.25 253,705.94 913,350.00 686,500.00 736,500.00 736,500.00 107 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Personnel 106,496 104,342 109,948 109,948 5,606 5.37% Operating 45,956 55,800 54,800 54,800 (1,000) -1.79% Capital - - - - - 0.00% Total 152,451 160,142 164,748 164,748 4,606 2.88% Authorized Positions Utility Systems Manager 1.00 1.00 1.00 1.00 Total Positions 1.00 1.00 1.00 1.00 General Fund Expenditure Budget Stormwater Administration Account Code:10090104 Stormwater Administration Personnel Operating Capital 108 ACCOUNT DESCRIPTION ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 FY26 ORIGINAL BUDGET 2027 2027 ADOPTED 2027 StormwaterAdm Salaries FT 10090104 501000 43,989.98 59,330.51 75,461.14 76,635.00 - 78,919.00 78,919.00 StormwaterAdm Salaries PT 10090104 501100 16.90 - - - - - - StormwaterAdm Overtime 10090104 501200 16.96 - 3,888.07 1,000.00 - 1,000.00 1,000.00 StormwaterAdm Separation Pay 10090104 501300 - - - - - - - StormwaterAdm FICA TAXES 10090104 502000 135.19 5,373.34 5,801.54 5,940.00 - 6,114.00 6,114.00 StormwaterAdm VRS Contrib 10090104 502100 (37,081.14) 7,710.00 3,919.68 8,193.00 - 9,819.00 9,819.00 StormwaterAdm VRS Ins 10090104 502200 23.20 947.76 4,798.80 1,021.00 - 832.00 832.00 StormwaterAdm Nationwide 10090104 502300 15.71 120.00 120.00 120.00 - 120.00 120.00 StormwaterAdm Medical Ins 10090104 502400 393.95 8,568.00 8,568.00 8,568.00 - 9,192.00 9,192.00 StormwaterAdm Hybrid Disb In 10090104 502500 1.73 - - - - - - StormwaterAdm Workers' Comp 10090104 502600 2,744.99 2,964.11 3,938.59 2,865.00 - 3,952.00 3,952.00 StormwaterAdm Contractual Sv 10090104 503000 14,000.78 4,605.45 8,632.05 30,000.00 30,000.00 30,000.00 30,000.00 StormwaterAdm Maint Rep Equi 10090104 505000 305.28 400.62 17,944.85 500.00 500.00 500.00 500.00 StormwaterAdm Maint Svc Cntr 10090104 505030 - - - - - - - StormwaterAdm Other Maint Co 10090104 505040 - - - - - - - StormwaterAdm Telephone 10090104 505400 - 2,467.05 1,515.08 2,500.00 2,500.00 2,500.00 2,500.00 StormwaterAdm ELECTRIC 10090104 505410 - - - - - - - StormwaterAdm Travel Trainin 10090104 505500 650.00 693.00 613.00 3,000.00 3,000.00 2,000.00 2,000.00 StormwaterAdm Dues Subs 10090104 505530 - - - - - - - StormwaterAdm Lease of Equip 10090104 505610 9,281.05 11,773.51 12,087.21 14,000.00 14,000.00 14,000.00 14,000.00 StormwaterAdm VEHICLE FLUIDS 10090104 505630 1,551.62 1,748.68 1,382.10 1,800.00 1,800.00 1,800.00 1,800.00 StormwaterAdm Miscellaneous 10090104 505700 - 3,627.87 - - - - - StormwaterAdm Regulatory Lic 10090104 505710 2,830.82 648.59 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 StormwaterAdm Materials Supl 10090104 506000 - 220.32 - - - - - StormwaterAdm Software 10090104 506010 - - - - - - - StormwaterAdm Small Tools Eq 10090104 506100 - - - - - - - StormwaterAdm Uniforms 10090104 506410 701.14 793.80 781.21 1,000.00 1,000.00 1,000.00 1,000.00 StormwaterAdm Cap Outlay<$10 10090104 508000 - - - - - - - StormwaterAdm Equipment 10090104 508200 - - - - - - - StormwaterAdm Vehicles 10090104 508210 - - - - - - - StormwaterAdm Unemployment I 10090104 526000 - - - - - - - STRMWTR ADM STORM DRAINAGE 10090104 561705 - - - - - - - Stormwater Special Projects 10090104 561706 - 8,776.62 - - - - - STRMWTR CAP OUTLAY-GRT MATCH 10090104 582050 - - - - - - - TOTAL STORMWATER ADMINISTRATION 39,578.16 120,769.23 152,451.32 160,142.00 55,800.00 164,748.00 164,748.00 109 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Personnel 152,339 81,093 81,828 81,828 735 0.91% Operating 33,665 42,500 37,500 37,500 (5,000) -11.76% Capital - - - - - 0.00% Total 186,004 123,593 119,328 119,328 (4,265) -3.45% Authorized Positions Street Sweeper Operator 1.00 1.00 1.00 1.00 Total Positions 1.00 1.00 1.00 1.00 General Fund Expenditure Budget Stormwater Street & Road Cleaning Account Code: 10090204 Street & Road Cleaning Personnel Operating Capital 110 ACCOUNT DESCRIPTION ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 FY26 ORIGINAL BUDGET 2027 2027 ADOPTED 2027 StRdCln Salaries FT 10090204 501000 42,837.97 47,629.83 95,839.56 52,832.00 - 51,591.00 51,591.00 StRdCln Salaries PT 10090204 501100 - - - - - - - StRdCln Overtime 10090204 501200 2,618.95 4,255.60 9,122.17 700.00 - 700.00 700.00 StRdCln Separation Pay 10090204 501300 - - - - - - - StRdCln FICA TAXES 10090204 502000 3,340.28 3,828.96 7,789.93 4,096.00 - 4,001.00 4,001.00 StRdCln VRS Contrib 10090204 502100 4,188.85 4,605.27 3,989.77 6,940.00 - 7,674.00 7,674.00 StRdCln VRS Ins 10090204 502200 514.90 566.00 1,765.64 702.00 - 542.00 542.00 StRdCln Nationwide 10090204 502300 - - 100.00 120.00 - 120.00 120.00 StRdCln Medical Ins 10090204 502400 14,015.93 13,614.45 24,064.89 13,800.00 - 14,904.00 14,904.00 StRdCln Hybrid Disb Ins 10090204 502500 176.51 190.26 7,779.23 388.00 - 404.00 404.00 StRdCln Workers' Comp 10090204 502600 1,338.83 1,445.70 1,887.90 1,515.00 - 1,892.00 1,892.00 StRdCln Contractual Svcs 10090204 503000 - - - - - - - StRdCln Maint Rep Equip 10090204 505000 11,905.60 31,645.39 16,967.28 20,000.00 20,000.00 15,000.00 15,000.00 StRdCln Maint Svc Cntr 10090204 505030 - - - - - - - StRdCln Other Maint Cost 10090204 505040 - - - - - - - StRdCln Motor Vehicle Ins 10090204 505210 809.55 - - - - - - StRdCln ELECTRIC 10090204 505410 - - - - - - - StRdCln Lease of Equip 10090204 505610 - - - - - - - STRDCLN VEHICLE FLUIDS 10090204 505630 5,409.01 7,528.87 5,708.84 10,000.00 10,000.00 10,000.00 10,000.00 StRdCln Miscellaneous 10090204 505700 - 59.37 - - - - - StRdCln Materials/Supplies 10090204 506000 192.07 139.11 132.22 200.00 200.00 200.00 200.00 StRdCln Small Tools Equip 10090204 506100 59.37 - 378.45 100.00 100.00 100.00 100.00 StRdCln Uniforms 10090204 506410 491.12 833.41 1,430.67 1,200.00 1,200.00 1,200.00 1,200.00 StRdCln Regional Landfill Ch 10090204 507120 9,504.60 5,458.75 9,047.62 11,000.00 11,000.00 11,000.00 11,000.00 StRdCln Cap Outlay<$10K 10090204 508000 - - - - - - - StRdCln Equip 10090204 508200 - 52.57 - - - - - StRdCln Vehicles 10090204 508210 - - - - - - - DEPRECIATION 48,718.88 - - - - - - StRdCln Unemployment Ins 10090204 526000 - - - - - - - TOTAL STREET ROAD CLEANING 146,122.42 121,853.54 186,004.17 123,593.00 42,500.00 119,328.00 119,328.00 111 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Personnel 91,150 140,113 148,107 148,107 7,994 5.71% Operating 445,162 228,800 233,860 233,860 5,060 2.21% Capital - - - - - - Total 536,312 368,913 381,967 381,967 13,054 3.54% Authorized Positions Crew Leaders - 1.00 1.00 1.00 Stormwater Technician 1.00 1.00 1.00 1.00 Equipment Operator III 1.00 1.00 1.00 1.00 Total Positions 2.00 3.00 3.00 3.00 General Fund Expenditure Budget Stormwater Operations Account Code:10090304 Stormwater Operations Personnel Operating Capital 112 ACCOUNT DESCRIPTION ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 FY26 ORIGINAL BUDGET 2027 2027 ADOPTED 2027 StormwaterOps Salaries FT 10090304 501000 169,308.47 116,196.92 58,937.13 90,906.00 - 93,162.00 93,162.00 StormwaterOps Salaries PT 10090304 501100 - - - - - - - StormwaterOps Overtime 10090304 501200 11,824.76 7,366.85 3,941.95 1,600.00 - 1,600.00 1,600.00 StormwaterOps Separation Pay 10090304 501300 - - - - - - - StormwaterOps FICA 10090304 502000 13,476.57 9,436.90 4,815.35 7,077.00 - 7,250.00 7,250.00 StormwaterOps VRS Contrib 10090304 502100 16,267.95 11,357.70 5,970.19 10,844.00 - 12,739.00 12,739.00 StormwaterOps VRS Ins 10090304 502200 2,013.18 1,394.34 778.44 1,205.00 - 977.00 977.00 StormwaterOps Nationwide 10090304 502300 348.15 193.54 142.65 240.00 - 240.00 240.00 StormwaterOps Medical Ins 10090304 502400 22,741.37 11,313.57 10,127.52 24,480.00 - 26,700.00 26,700.00 StormwaterOps Hybrid Disb In 10090304 502500 166.02 372.70 1,372.57 347.00 - 379.00 379.00 StormwaterOps Workers' Comp 10090304 502600 3,778.90 4,080.55 5,063.91 3,414.00 - 5,060.00 5,060.00 StormwaterOps Contractual Sv 10090304 503000 - 3,813.51 6,087.29 5,000.00 5,000.00 5,000.00 5,000.00 StormwaterOps Maint Rep Equi 10090304 505000 11,432.61 14,197.26 23,253.13 18,000.00 18,000.00 18,000.00 18,000.00 StormwaterOps Maint Svc Cntr 10090304 505030 - - - - - - - StormwaterOps Other Maint Co 10090304 505040 - - - - - - - StormwaterOps Motor VehicleI 10090304 505210 - 865.68 716.20 800.00 800.00 860.00 860.00 StormwaterOps Travel Trainin 10090304 505500 652.77 75.00 340.00 1,000.00 1,000.00 1,000.00 1,000.00 StormwaterOps Lease of Equip 10090304 505610 31,042.78 28,738.38 23,701.29 40,000.00 40,000.00 40,000.00 40,000.00 STORMWATEROPS VEHICLE FLUIDS 10090304 505630 13,304.39 8,071.63 9,542.23 13,000.00 13,000.00 13,000.00 13,000.00 StormwaterOps Miscellaneous 10090304 505700 - - - - - - - StormwaterOps Materials Supp 10090304 506000 27,192.64 34,845.71 17,725.50 25,000.00 120,000.00 30,000.00 30,000.00 StormwaterOps Street Materia 10090304 506030 15,812.80 14,294.71 32,538.14 30,000.00 30,000.00 30,000.00 30,000.00 StormwaterOps Small Tools Eq 10090304 506100 914.20 167.90 4,355.77 3,000.00 3,000.00 3,000.00 3,000.00 StormwaterOps Uniforms 10090304 506410 1,387.12 2,584.63 2,833.38 3,000.00 3,000.00 3,000.00 3,000.00 StormwaterOps Cap Outlay<$10 10090304 508000 - - - - - - - StormwaterOps Equip 10090304 508200 - 52.58 - - - - - StormwaterOps Vehicles 10090304 508210 - - - - - - - StormwaterOps Unemployment I 10090304 526000 - - - - - - - THRASHER PROJECT 10090304 561705 16,685.35 54,136.22 - 90,000.00 - 90,000.00 90,000.00 ALLISON-FINNEY STRMWTR PRJ 10090304 561705 AFPR - - 7,832.00 - - - - STORM DRAINAGE PROJECT 10090304 561705 THRS - - 316,237.38 - - - - StormwaterOps SPECIAL PRJS 10090304 561706 841.00 - - - - - - TOTAL STORMWATER OPERATIONS 359,191.03 323,556.28 536,312.02 368,913.00 233,800.00 381,967.00 381,967.00 113 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Grant Fund Transfer - - - - - 0.00% Capital Fund Transfer 1,156,406.13 500,000.00 1,695,000.00 1,695,000.00 1,195,000 239.00% Non Department Transfer - - - - - 0.00% Total 1,156,406 500,000 1,695,000 1,695,000 1,195,000 239.00% General Fund Expenditure Budget Transfers Grant Fund Transfer Capital Fund Transfer Non Department Transfer 114 ACCOUNT DESCRIPTION ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 FY26 ORIGINAL BUDGET 2027 2027 ADOPTED 2027 TRANSFERS TO OTHER FUNDS 10099000 509900 2,502,101.21 1,684,152.96 1,156,406.13 500,000.00 - 1,695,000.00 1,695,000.00 TOTAL GENERAL FUND TRANSFERS 2,502,148.01 1,684,152.96 1,156,406.13 500,000.00 - 1,695,000.00 1,695,000.00 115 Original Issue Amount Series/Description Interest Rates Maturity Outstanding Balance as of June 30, 2026 Principal Payment FY27 Interest Payment FY27 Total Debt Payment FY27 General Fund 2,228,408.87$ 2013 Carter Bank Refunding 2.05% 11/1/2024 -$ - - - 702,000.00$ Series 2016A VML/VACO Refunding 2.05% 2/1/2027 74,000.00$ 74,000.00 1,517.00 75,517.00 1,786,000.00$ 2016B VML/VACO Refunding 2.05% 8/1/2027 393,000.00$ 200,000.00 6,211.50 206,211.50 305,000.00$ Refunding of Series 2006A VRA, 2021 Series 1.66% 6/30/2027 55,000.00$ 55,000.00 1,306.30 56,306.30 1,225,000.00$ Refunding of Series 2013, 2021 Series 1.66% 6/30/2033 742,000.00$ 101,000.00 12,317.20 113,317.20 4,429,000.00$ New Money 2021 Series 1.66% 6/30/2031 2,299,000.00$ 445,000.00 38,163.40 483,163.40 3,563,000.00$ 875,000.00$ 59,515.40$ 934,515.40$ Debt Reimbursements Roanoke County 2013 Carter Bank Refunding 11/1/2024 -$ -$ -$ -$ Roanoke County Series 2016A VML/VACO Refunding 2/1/2027 (180,000.00)$ 36,000.00$ (1,469.50)$ 34,530.50$ Roanoke County Refunding of Series 2006A VRA, 2021 Series 6/30/2027 (55,000.00)$ (55,000.00)$ (1,306.30)$ (56,306.30)$ WVWA 2016B VML/VACO Refunding 8/1/2027 (393,000.00)$ (200,000.00)$ (6,211.50)$ (206,211.50)$ WVWA Refunding of Series 2013, 2021 Series 6/30/2033 (742,000.00)$ (101,000.00)$ (12,317.20)$ (113,317.20)$ WVWA New Money 2021 Series 6/30/2031 (2,299,000.00)$ (445,000.00)$ (38,163.40)$ (483,163.40)$ (3,669,000.00)$ (765,000.00)$ (59,467.90)$ (824,467.90)$ NET REIMBURSEMENTS (106,000.00)$ 110,000.00$ 47.50$ 110,047.50$ Town of Vinton, Virginia Long-Term Debt Summary 116 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Personnel - - - - - 0.00% Operating 910,915 859,458 934,515 934,515 75,057 8.73% Capital - - - - - 0.00% Total 910,915 859,458 934,515 934,515 75,057 8.73% General Fund Expenditure Budget Debt Retirement Personnel Operating Capital 117 ACCOUNT DESCRIPTION ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 FY26 ORIGINAL BUDGET 2027 2027 ADOPTED 2027 INTEREST PAID ON DEBT 10095004 505901 - 38,404.10 - - - - - Debt Principal Payments 10095004 509500 - - - - - - - 2021 Go Series New Money 10095004 591100 - - 424,000.00 438,000.00 445,000.00 445,000.00 445,000.00 2021 Go Series New Money INT 10095004 591101 33,274.70 - (26,294.40) 45,434.20 38,163.40 38,163.40 38,163.40 2021 ('06A) Refund Series 10095004 591102 55,000.00 54,000.00 - 55,000.00 55,000.00 55,000.00 55,000.00 2021 ('06A) Refund Series IN 10095004 591103 (2,256.64) (50,263.47) 143.87 1,792.80 1,306.30 1,306.30 1,306.30 2021 GO Series Refunding 201 10095004 591104 - - - 99,000.00 101,000.00 101,000.00 101,000.00 2021 GO Series Refund 2013 I 10095004 591105 9,370.70 - (7,793.69) 13,960.60 12,317.20 12,317.20 12,317.20 Series 2016A VML/VACO Refund 10095004 591106 68,000.00 - 76,255.00 - 74,000.00 74,000.00 74,000.00 Series16A VML/VACO Refund IN 10095004 591107 6,778.82 8,451.13 14,006.62 - 1,517.00 1,517.00 1,517.00 2016B VML/VACO Refunding 10095004 591108 - - 191,000.00 196,000.00 200,000.00 200,000.00 200,000.00 2016B VML/VACO Refund INT 10095004 591109 11,859.25 - - 10,270.50 6,211.50 6,211.50 6,211.50 2013 Carter Bank Refunding 10095004 591110 240,004.85 (3,094.30) 235,577.87 - - - - 2013 Carter Bank Refund INT 10095004 591111 (3,085.01) 5,624.95 4,019.81 - - - - PRINCIPAL - OPERATING LEASE 10095004 591200 - - - - - - - INTEREST - OPERATING LEASE 10095004 591201 - - - - - - - TOTAL DEBT PRINCIPAL PAYMENTS 428,950.67 53,122.41 910,915.08 859,458.10 934,515.40 934,515.40 934,515.40 118 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance DMV Overtime Grant AY23 - - - - 0 0.00% DMV Overtime Grant AY24 12,483 - - - 0 0.00% BVP VEST GRANT AY22 548 - - - 0 0.00% BVP VEST GRANT AY23 1,079 - - - 0 0.00% Byrne Jag Grant AY24 26,805 - - - 0 0.00% Fire Programs Grant 41,302 - - - 0 0.00% AY21 Glade Creek Grnwy Ph2B 113,465 - - - 0 0.00% SLAF WOODLAND PLACE 18,981 - - - 0 0.00% VML Risk Mgmt Grant 5,931 4,000 4,000 4,000 0 0.00% Arbor Day Grant 1,694 - - - 0 0.00% Brownfield Grant 46,022 - - - 0 0.00% EPA Brownfields Asst Grant 104,920 - - - 0 0.00% Walnut Ave 5th West - - - - 0 0.00% EPA Grant - - - - 0 0.00% Walnut Ave Lee 1st - - - - 0 0.00% Roanoke Outside Grant 4,500 - - - 0 0.00% Gus Nicks Mdblk Xwalk - - - - 0 0.00% Hardy Rd Mdblk Xwalk 258,021 - - - 0 0.00% Glade Creek PH2B - - - - 0 0.00% Total Grant Fund Summary of Revenues Revenue by Grant ***All Grant Awards are adopted by Council. Awards adopted on a multi-year basis do not have to be adopted during the budget process, but are moved forward by the Finance Director/Treasurer after the audit entries have been made. The adopted budget includes new grant funding anticipated during the upcoming budget year.*** Grant Fund Revenues DMV Overtime Grant AY23 DMV Overtime Grant AY24 BVP VEST GRANT AY22 BVP VEST GRANT AY23 Byrne Jag Grant AY24 Fire Programs Grant AY21 Glade Creek Grnwy Ph2B SLAF WOODLAND PLACE VML Risk Mgmt Grant Arbor Day Grant Brownfield Grant EPA Brownfields Asst Grant Walnut Ave 5th West EPA Grant Walnut Ave Lee 1st Roanoke Outside Grant Gus Nicks Mdblk Xwalk Hardy Rd Mdblk Xwalk Glade Creek PH2B 119 ACCOUNT DESCRIPTION ACCOUNT ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 ACTUAL 06-30-2025 FY26 Revised Budget ADOPTED BUDGET ADOPTED DMV Overtime Grant AY19 15010003 321000 - - - - - - - DMV Overtime Grant AY20 15010013 321001 - - - - - - - DMV Overtime Grant AY21 15010023 321002 - - - - - - - REVENUE FROM THE STATE 15010023 422000 - - - - - - - DMV Overtime Grant AY23 15010025 321004 - 7,309.51 - - - - - DMV Overtime Grant AY24 15010027 321004 - 15,222.38 12,483.07 - - - - DMV Overtime Grant AY25 15010029 321004 - - - - - - - Emergency Services Grant 15011003 321100 - - - - - - - LOLE BLOCK FFY18 GRANT 15011053 321380 - - - - - - - LOLE BLOCK FFY19 GRANT 15011053 321381 - - - - - - - LOLE BLOCK FFY20 GRANT 15011053 321382 - - - - - - - LOLE BLOCK FFY21 GRANT 15011053 321383 - - - - - - - LOLE BLOCK FFY22 GRANT 15011053 321384 - 4,746.00 - - - - - LOLE BLOCK FFY23 GRANT 15011053 321385 - - 0.05 - - - - LOLE BLOCK FFY25 GRANT 15011053 321386 - - - - - - - DCJS Lice Scan Grant 15011103 321105 - - - - - - AY21 DCJS Body Worn Camera 15011113 321111 - - - - - - - REVENUE FROM THE STATE 15011113 422000 - - - - - - - 21st Century Policing Grant 15011153 321110 - - - - - - - POL CESF GRANT CY22 15011163 418000 - - - - - - - BVP Vest Grant AY19 15012003 321200 - - - - - - - BVP Vest Grant AY20 15012013 321201 - - - - - - - REVENUE FROM THE STATE 15012013 422000 - - - - - - - BVP Vest Grant AY21 15012023 321202 - 2,286.00 - - - - - BVP VEST GRANT AY22 15012023 321203 - 2,147.50 548.00 - - - - BVP VEST GRANT AY23 15012023 321204 - 659.01 1,078.50 - - - - REVENUE FROM THE STATE 15012023 422000 - - - - - - - Byrne Jag Grant AY24 15012503 321250 - - 26,805.32 - - - - Fire Programs Grant 15013003 321300 - 36,285.00 41,302.00 - - - - DMV DUI Taskforce Grant AY20 15013063 321306 - - - - - - - AY21 Glade Creek Grnwy Ph2B 15013113 321311 - 86,454.05 113,464.89 - - - - REVENUE FROM THE STATE 15013113 422000 - - - - - - - SLAF WOODLAND PLACE 15013115 321312 - - 18,980.72 - - - - WOODLAND REV FROM THE STATE 15013115 422000 - 264,387.31 - - - - - Wolf Creek Grnwy-Fed Rev Reimb 15013117 411010 - - - - - - - Wolf Creek Grnwy-TOV Contribut 15013117 415010 - - - - - - - Housing Study:Bypass/RiverPark 15013213 322131 - 45,000.00 - - - - - Brownfield Grant 15013253 321325 - - 46,021.50 - - - - REVENUE FROM THE STATE 15013253 422000 - - - - - - - Brownsfield Grant AY24 15013255 321326 - - - - - - - REVENUE FROM THE STATE 15013255 422000 - - - - - - - EPA Brownfields Asst Grant 15013303 321330 - 53,375.20 104,920.20 - - - - REVENUE FROM THE STATE 15013303 422000 - - - - - - - Gish Mill Study Grant 15013503 321350 - - - - - - - VIDA TAF Grant Program 15013603 321360 - - - - - - - REVENUE FROM THE STATE 15013603 422000 - - - - - - - 2020 Census Grant 15013703 321370 - - - - - - - CARES Act Relief Funding 15020003 322000 - - - - - - - REV. FROM THE FED GOV'T 15020004 432000 - - - - - - - Cares Act Utility Relief Grant 15020053 322005 - - - - - - - REV. FROM THE FED GOV'T 15020053 432000 - - - - - - - ARPA Interest Income 15020103 150102 4,204,017.00 - - - - - - ARPA Funding CSLFRF NEU 15020103 322010 - 37.66 - - - - - REV. FROM THE FED GOV'T 15020103 432000 - - - - - - - 120 ACCOUNT DESCRIPTION ACCOUNT ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 ACTUAL 06-30-2025 FY26 Revised Budget ADOPTED BUDGET ADOPTED APRA Law Enforcement Funding 15020133 322025 - 150,054.59 - - - - - ARPA SLFRF Utility Asst Grant 15020153 322015 - - - - - - - REV. FROM THE FED GOV'T 15020153 432000 - - - - - - - 2020 FEMA COVID19 15020203 322020 - - - - - - - VML Risk Management Grant 15021103 322110 4,000.00 4,500.00 5,931.10 4,000.00 4,000.00 4,000.00 4,000.00 Arbor Day Grant Revenue 15021203 322120 - 8,720.00 1,694.12 - - - - CCD Neighborhood Plan Grant 15021303 321320 - - - - - - - Walnut Ave Bike Ped 5th West 15021403 322140 - 869,436.69 - - - - - REVENUE FROM THE STATE 15021403 422000 - - - - - - - Walnut Ave Bike Ped Lee to 1st 15021413 322141 - 770,279.83 - - - - - GUS NICKS MDBLK PED XWALK 15021415 422000 - 0.74 - - - - - GUS NICKS MDBLK PED XWALK 15021415 432000 - - - - - - - REVENUE FROM THE STATE 15021416 422000 - - 258,020.96 - - - - AY21 DHR Gish Mill Grant 15021453 322145 - - - - - - - AY21 IRF Econ Dev Grant 15021503 322150 - - - - - - - Tree Inventory FY23 15021600 322121 - - - - - - - Farmer's Market SNAP Revenue 15022003 322200 - - - - - - - VDOT TA Gladecreek PHII 15031103 321310 - - - - - - - VOF Grant Funds 15031105 322160 - - - - - - - RKE OUTSIDE GRANT REVENUE 15031106 418900 - - 4,500.00 - - - - Transfers In 15099993 410901 - - - - - - - TOTAL GRANT FUND 4,208,017.00 2,320,901.47 635,750.43 4,000.00 4,000.00 4,000.00 4,000.00 121 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance DMV Overtime 24,322 - - - - 0.00% BVP Grant 2,992 - - - - 0.00% BRYNE JAG GRANT 35,740 - - - - 0.00% LOLE Block 5,527 - - - - 0.00% Fire Programs Grant 41,302 - - - - 0.00% VML Risk Mgmt Grant 7,833 4,000 4,000 4,000 - 0.00% Arbor Day 3,235 - - - - 0.00% Brownfield Grant - - - - - 0.00% EPA Brownfields Asst Grant 161,333 Walnut Ave 5th West - - - - - 0.00% Gus Nicks MDBLK 140,297 - - - - 0.00% Hardy Rd MCBLK 164,735 - - - - 0.00% Wolf Creek Greekway 744 - - - - 0.00% Glade Creek Greenways 339,945 - - - - 0.00% Roanoke Outside Foundation 3,720 - - - - 0.00% Other Construction 485 - - - - 0.00% Transfer to Gen Fund - - - - - 0.00% Total 932,211 4,000 4,000 4,000 - 0.00% Grant Fund Summary of Expenditures Expenditure by Grant ***All Grant Awards are adopted by Council. Awards adopted on a multi-year basis do not have to be adopted during the budget process, but are moved forward by the Finance Director/Treasurer after the audit entries have been made. The adopted budget includes new grant funding anticipated during the upcoming budget year.*** Grant Fund Expenditures DMV Overtime BVP Grant BRYNE JAG GRANT LOLE Block Fire Programs Grant VML Risk Mgmt Grant Arbor Day Brownfield Grant EPA Brownfields Asst Grant Walnut Ave 5th West Gus Nicks MDBLK Hardy Rd MCBLK Wolf Creek Greekway Glade Creek Greenways Roanoke Outside Foundation Other Construction Transfer to Gen Fund 122 ACCOUNT DESCRIPTION ACCOUNT ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 BUDGET DEPT REQ 2027 MGR REQ 2027 COUNCIL ADOPTED BUDGET Transfers to Other Funds 15099993 509900 1,091,693.61 - - - - - - TOTAL TRANSFERS IN 1,091,693.61 - - - - - - Salaries Full Time 15011004 501000 - - - - - - - Materials Supplies 15011004 506000 - - - - - - - TOTAL EMERGENCY SERVICES GRANT - - - - - - - Salaries Full Time 15020004 501000 - - - - - - - Overtime 15020004 501200 - - - - - - - CARES ACT FICA TAXES 15020004 502000 - - - - - - - VRS Contribution 15020004 502100 - - - - - - - VRS Insurance 15020004 502200 - - - - - - - Nationwide Contribution 15020004 502300 - - - - - - - Medical Insurance 15020004 502400 - - - - - - - Materials Supplies 15020004 506000 - - - - - - - TOTAL CARES ACT FUNDING - - - - - - - CONTRACTUAL SERVICES 15020054 503000 - - - - - Miscellaneous 15020054 505700 - - - - - - - TOTAL CARES ACT UTILITY ASSISTANCE - - - - - - - Salaries Full Time 15020104 501000 1,670,666.63 - - - - - - OVERTIME 15020104 501200 4,547.61 - - - - - - ARPA CSLFRF FICA TAXES 15020104 502000 129,807.25 - - - - - - VRS CONTRIBUTION 15020104 502100 152,736.43 - - - - - - VRS INSURANCE 15020104 502200 18,869.72 - - - - - - NATIONWIDE CONTRIBUTION 15020104 502300 6,083.75 - - - - - - MEDICAL INSURANCE 15020104 502400 202,994.77 - - - - - - HYBRID DISABILITY INSURANCE 15020104 502500 3,817.29 - - - - - - WORKERS COMPENSATION 15020104 502600 12,088.95 - - - - - - CONTRACTUAL SERVICES 15020104 503000 46,384.48 - - - - - - HwyStBrgSdwlk Maint Rep Brid 15020104 505020 - - - - - - - Miscellaneous 15020104 505700 - - - - - - - MATERIALS AND SUPPLIES 15020104 506000 118.07 - - - - - - Equipment 15020104 508200 - - - - - - - Infrastructure 15020104 508400 - - - - - - - TELECOMMUNICATIONS 15020104 552300 25.00 - - - - - - MILLING AND PAVEMENT 15020104 561703 - - - - - - - CAPITAL OUTLAY 15020104 580000 5,700,060.00 - - - - - - TOTAL ARPA FUNDING CSLFRF NEU 7,948,199.95 - - - - - - 123 ACCOUNT DESCRIPTION ACCOUNT ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 BUDGET DEPT REQ 2027 MGR REQ 2027 COUNCIL ADOPTED BUDGET - - - - CONTRACTUAL SERVICES 15020154 503000 - - - - - - - Miscellaneous 15020154 505700 - - - - - - - TOTAL ARPA UTILITY ASSISTANCE - - - - - - - Materials Supplies 15020204 506000 - - - - - - - TOTAL 2020 FEMA COVID19 - - - - - - - Materials Supplies 15021104 506000 - - 7,832.98 4,000.00 4,000.00 4,000.00 4,000.00 TOTAL VML RISK MANAGEMENT GRANT - - 7,832.98 4,000.00 4,000.00 4,000.00 4,000.00 LE ARPA MATERIALS AND SUPPLI 15020133 506000 - 157,841.53 - - - - - TOTAL Law Enforcement ARPA - 157,841.53 - - - - - Overtime 15010004 501200 - - - - - - - Travel Training 15010004 505500 - - - - - - - DMVGrant equipment 15010004 508200 - - - - - - - TOTAL DMV OVERTIME GRANT AY19 - - - - - - - Overtime 15010014 501200 - - - - - - - Travel Training 15010014 505500 - - - - - - - DMVGrant equipment 15010014 508200 - - - - - - - TOTAL DMV OVERTIME GRANT AY20 - - - - - - - Overtime 15010024 501200 2,791.60 - - - - - - DMV Overtime AY21 FICA TAXES 15010024 502000 135.10 - - - - - - Travel Training 15010024 505500 - - - - - - - DMVGrant equipment 15010024 508200 - - - - - - - SALARIES & WAGEG-OVERTIME 15010024 512000 - - - - - - - TRAVEL AND TRAINING 15010024 555100 - - - - - - - MACHINERY AND EQUIPMENT 15010024 582100 - - - - - - - OTHER EQUIPMENT 15010024 582800 - - - - - - - TOTAL DMV OVERTIME GRANT AY21 2,926.70 - - - - - - DMV OT OVERTIME AY24 15010028 501200 - 6,155.64 4,656.66 - - - - DMV OT AY24 FICA TAXES 15010028 502000 - 470.90 356.24 - - - - DMV OT TRAVEL TRAINING AY24 15010028 505500 - - - - - - - DMV OT EQUIPMENT AY24 15010028 508200 - 10,210.00 - - - - - TOTAL DMV OT GRANT AY24 EXP - 16,836.54 5,012.90 - - - - 124 ACCOUNT DESCRIPTION ACCOUNT ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 BUDGET DEPT REQ 2027 MGR REQ 2027 COUNCIL ADOPTED BUDGET DMV Overtime AY23 15010026 501200 10,894.35 4,098.52 - - - - - DMV Overtime AY23 FICA 15010026 502000 833.39 313.54 - - - - - DMV TRAVEL TRAINING AY23 15010026 505500 - - - - - - - DMV OTHER EQUIPMENT AY23 15010026 582800 5,244.00 - - - - - - TOTAL DMV OT GRANT AY23 EXP 16,971.74 4,412.06 - - - - - DMV OT OVERTIME AY 25 15010030 501200 - - 10,828.32 - - - - DMV OT AY25 FICA TAXES 15010030 502000 - - 1,656.76 - - - - DMV OT TRAVEL TRAINING AY25 15010030 505500 - - - - - - - DMV OT EQUIPMENT AY25 15010030 508200 - - 6,824.00 - - - - TOTAL DMV OT GRANT AY25 EXP - - 19,309.08 - - - - Materials Supplies 15011104 506000 - - - - - - - TOTAL DCJS LIVE SCAN GRANT - - - - - - - Materials Supplies 15011114 506000 - - - - - - - TOTAL AY21 DCJS BODY WORN CAMERA - - - - - - - POL CESF GRANT CONT SERVICES 15011154 503000 - - - - - - Materials Supplies 15011154 506000 - - - - - - - POLICE LOLE FFY18 EQUIPMENT 15011154 508200 - - - - - - - POLICE LOLE FFY19 OTHER EQUI 15011154 561400 2,359.99 - - - - - - POLICE LOLE FFY20 OTHER EQUI 15011154 561401 3,104.00 - - - - - - POLICE LOLE FFY21 OTHER EQUI 15011154 561402 4,706.09 - - - - - - POLICE LOLE FFY22 OTHER EQUI 15011154 561403 - 4,778.50 - - - - - POLICE LOLE FFY23 OTHER EQUI 15011154 561404 - 2,178.18 2,145.00 - - - - POLICE LOLE FFY25 OTHER EQUI 15011154 561408 - - 3,382.00 - - - - TOTAL Local LE Block Grant 10,170.08 6,956.68 5,527.00 - - - - BVP AY19 MATRL&SUPLS 15012004 506000 - - - - - - - TOTAL BVP VEST GRANT AY19 - - - - - - - BVP AY20 MATRL&SUPLS 15012014 506000 - - - - - - - TOTAL BVP VEST GRANT AY20 - - - - - - - BVP AY21 MATRL&SUPLS 15012024 506000 1,220.25 1,739.76 1,673.90 - - - - BVP AY22 MATRL&SUPLS 15012024 506001 - - - - - - - BVP AY23 MATRL&SUPLS 15012024 506002 - - 1,318.50 - - - - TOTAL BVP Vest Grant 1,220.25 1,739.76 2,992.40 - - - - 125 ACCOUNT DESCRIPTION ACCOUNT ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 BUDGET DEPT REQ 2027 MGR REQ 2027 COUNCIL ADOPTED BUDGET Materials Supplies 15012504 506000 - - 35,740.42 - - - - Equipment 15012504 508200 - - - - - - - TOTAL BRYNE JAG GRANT - - 35,740.42 - - - - Salaries Full Time - - - - - - - Overtime - - - - - - - DMV DUI TKFORCE FICA TAXES - - - - - - - VRS Contribution - - - - - - - VRS Insurance - - - - - - - Nationwide Contribution - - - - - - - Medical Insurance - - - - - - - Workers' Compensation Ins.- - - - - - - UNIFORMS/WEARING APPAREL - - - - - Telephone - - - - - - - Travel Training - - - - - - - Materials Supplies - - - - - - - MOTOR VEHICLES & EQUIPMENT - - - - - Uniforms - - - - - - - Vehicles - - - - - - - TOTAL DMV DUI TASKFORCE GRANT - - - - - - - Salaries Full Time 15013064 501000 - - - - - - - Overtime 15013064 501200 - - - - - - - DMV DUI TKFORCE FICA TAXES 15013064 502000 - - - - - - - VRS Contribution 15013064 502100 - - - - - - - VRS Insurance 15013064 502200 - - - - - - - Nationwide Contribution 15013064 502300 - - - - - - - Medical Insurance 15013064 502400 - - - - - - - Workers' Compensation Ins.15013064 502600 - - - - - - - Telephone 15013064 505400 - - - - - - - Travel Training 15013064 505500 - - - - - - - Materials Supplies 15013064 506000 - - - - - - - Uniforms 15013064 506410 - - - - - - - Vehicles 15013064 508210 - - - - - - - TOTAL DMV DUI TASKFORCE GRANT AY20 - - - - - - - OVERTIME 15011164 501200 450.56 - - - - - - TOTAL POL - CESF GRANT OVERTIME 450.56 - - - - - - 126 ACCOUNT DESCRIPTION ACCOUNT ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 BUDGET DEPT REQ 2027 MGR REQ 2027 COUNCIL ADOPTED BUDGET Fire Grant Prog - ROCO 15013004 503000 32,334.00 36,285.00 41,302.00 - - - - Materials Supplies 15013004 506000 - - - - - - - TOTAL FIRE PROGRAMS GRANT 32,334.00 36,285.00 41,302.00 - - - - Miscellaneous 15022004 505700 - - - - - - - TOTAL FARMERS MARKET SNAP REVENUE - - - - - - - CONTRACTUAL SERVICES 15031104 503000 - - - - - - - SPECIAL PROJECTS 15031104 561706 - - - - - - - TOTAL GLADECREEK PH2 - - - - - - - Contractual Services 15013104 503000 - - - - - - - Infrastructure 15013104 508400 - - - - - - - TOTAL VDOT TA GLADECREEK PHII - - - - - - - Contractual Services 15013114 503000 15,132.99 1,311.01 - - - - - Miscellaneous 15013114 505700 - - - - - - - Construction 15013114 508050 5,568.53 529,288.23 339,945.19 - - - - TOTAL AY21 GLADCREEK GRNWAY PH2B 20,701.52 530,599.24 339,945.19 - - - - Contractual Services 15013254 503000 50,000.00 - - - - - - TOTAL BROWNFIELD GRANT 50,000.00 - - - - - - CONTRACTUAL SERVICES 15013256 503000 - - - - - - - TRAVEL TRAINING 15013256 505500 - - - - - - - MATERIALS AND SUPPLIES 15013256 506000 - - - - - - - TOTAL EPA Brownfields Grant AY24 - - - - - - - CONTRACTUAL SERVICES 15013304 503000 46,005.34 53,375.20 160,953.50 - - - - CONTRACTUAL SERVICES 15013304 503000 HAZD - - - - - - - CONTRACTUAL SERVICES 15013304 503000 PETR - - - - - - - TRAVEL TRAINING 15013304 505500 - - 379.06 - - - - TRAVEL TRAINING 15013304 505500 HAZD2 - - - - - - - TRAVEL TRAINING 15013304 505500 PETR2 - - - - - - - MATERIALS AND SUPPLIES 15013304 506000 - - - - - - - MATERIALS AND SUPPLIES 15013304 506000 HAZD1 - - - - - - - TOTAL EPA BROWNFIELDS ASST GRANTS 46,005.34 53,375.20 161,332.56 - - - - Contractual Services 15013504 503000 - - - - - - - MATERIALS AND SUPPLIES 15013504 506000 - - - - - - - TOTAL GISH MILL STUDY GRANT - - - - - - - 127 ACCOUNT DESCRIPTION ACCOUNT ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 BUDGET DEPT REQ 2027 MGR REQ 2027 COUNCIL ADOPTED BUDGET Materials Supplies 15013704 506000 - - - - - - - TOTAL 2020 CENSUS GRANT - - - - - - - Materials Supplies 15021204 506000 3,720.00 1,897.08 3,235.00 - - - - TOTAL ARBOR DAY GRANT 3,720.00 1,897.08 3,235.00 - - - - Contractual Services 15021304 503000 - - - - - - - TOTAL CCD NEIGHBORHOOD PLAN GRANT - - - - - - - Contractual Services 15021404 503000 613.50 31,007.37 - - - - - Materials Supplies 15021404 506000 910,458.56 854,390.44 - - - - - TOTAL WALNUT AVE BIKE PED 5TH WEST 911,072.06 885,397.81 - - - - - Contractual Services 15021414 503000 44,863.50 - - - - - - Materials Supplies 15021414 506000 211,711.58 800,935.65 - - - - - TOTAL WALNUT AVE BIKE PED LEE 1ST 256,575.08 800,935.65 - - - - - Contractual Services 15021454 503000 8,100.00 - - - - - - Construction 15021454 508050 120,616.28 - - - - - - TOTAL AY21 DHR GISH MILL GRANT 128,716.28 - - - - - - Materials Supplies 15021504 506000 - - - - - - - TOTAL AY21 IRF ECON DEV GRANT - - - - - - - WOODLAND CONTRACTUAL SERVICE 15013116 503000 88,618.62 15,030.18 - - - - - WOODLAND CONSTRUCTION 15013116 508050 196,283.43 40,965.74 - - - - - TOTAL SLAF WOODLAND PLACE 284,902.05 55,995.92 - - - - - W.C Grnwy - Contractual SVCS 15013118 503000 - - 744.12 - - - - W.C GRNWY MATERIALS & SUPPLI 15013118 506000 - - - - - - - W.C Grnwy CONSTRUCTION 15013118 508050 - - - - - - - TOTAL Wolf Creek Greenway - - 744.12 - - - - RKE OUTSIDE CONTRACT SERVICE 15031107 503000 - - - - - - - RKE OUTSIDE MATERIAL&SUPPLIE 15031107 506000 - - 3,720.29 - - - - TOTAL Roanoke Outside Grant - - 3,720.29 - - - - CONTRACTUAL SERVICES 15013603 503000 - - - - - - - TOTAL VIDA TAF GRANT PROGRAM - - - - - - - 128 ACCOUNT DESCRIPTION ACCOUNT ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 BUDGET DEPT REQ 2027 MGR REQ 2027 COUNCIL ADOPTED BUDGET TREE INV - CONTRACT SERV 15021600 503000 - - - - - - - TOTAL Tree Inventory Grant - - - - - - - VOF CONTRACTUAL SERVICES 15031105 503000 - 5,360.00 485.00 - - - - VOF CONSTRUCTION 15031105 508050 - - - - - - - TOTAL VA Outdoors Foundation Grant - 5,360.00 485.00 - - - - VHDA CONTRACTUAL SERVICES 15013214 503000 - - - - - - - TOTAL VA Housing Reimbursement - - - - - - - GUS NICKS CONSVCS 15021415 503000 57,837.71 234,095.40 140,297.14 - - - - GUS NICKS CONSTRUCTION 15021415 508050 - 31,025.54 - - - - - TOTAL GUS NICKS MDBLK PED XWALK 57,837.71 265,120.94 140,297.14 - - - - CONTRACTUAL SERVICES 15021416 503000 109,450.19 126,156.95 164,734.69 - - - - CONSTRUCTION 15021416 508050 - - - - - - - TOTAL HARDY RD MCBLK PED XWALK 109,450.19 126,156.95 164,734.69 - - - - TOTAL GRANT FUND EXPENDITURES 129 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Interest from Investments 272,877 90,000.00 100,000.00 100,000.00 10,000 0.00% WVWA Reimbursement 1,000,000 - - - - 0.00% Donations 17,500 - - - - 0.00% Transfer In General Fund 605,000 1,149,500 1,695,000 1,695,000 545,500 47.46% Transfer In Utility Fund - - - - - 0.00% Use of Fund Balance - - - - - 0.00% Total 1,895,377 1,239,500 1,795,000 1,795,000 555,500 44.82% Capital Fund Summary of Revenues Revenue Summary Capital Fund Revenue Interest from Investments WVWA Reimbursement Donations Transfer In General Fund Transfer In Utility Fund Use of Fund Balance 130 ACCOUNT DESCRIPTION ACCOUNT ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 ACTUAL 06-30-2025 FY26 Revised Budget ADOPTED BUDGET ADOPTED INTEREST ON INVESTMENTS 20032003 150102 - 259,906.66 272,877.48 90,000.00 - 100,000.00 100,000.00 WVWA DEBT REIMBURSEMENT 20035003 189933 - 1,500,000.00 1,000,000.00 - - - - Recoveries Rebates 20035003 190204 - - - - - - - DONATIONS 20035003 418980 - - 17,500.00 - - - - Re Appropriated Fund Balance 20035003 499999 - - - - - - - Transfers In 20099993 410901 2,669,000.00 1,275,000.00 605,000.00 1,149,500.00 500,000.00 1,695,000.00 1,695,000.00 TOTAL CAPITAL FUND 2,669,000.00 3,034,906.66 1,895,377.48 1,239,500.00 500,000.00 1,795,000.00 1,795,000.00 131 Actual Adopted Proposed Adopted $ Budget % Budget FY 24-25 FY 25-26 FY 26-27 FY 26-27 Variance Variance Treasurer/Finance - - - - - 0.00% Police Department - - - - - 0.00% Highway Maintenance 212,643 - 425,000 425,000 425,000 0.00% Building & Grounds 257,176 1,109,500 720,000 720,000 (389,500) -35.11% Health Department 33,795 - - - - 0.00% Traffic Signs & Streets - - - - 0.00% Town Museum - - - - 0.00% Planning & Zoning 39,632 - - - - 0.00% Economic Development 99,408 - - - - 0.00% CIP Administration 172,111 130,000 650,000 650,000 520,000 - Total 814,765 1,239,500 1,795,000 1,795,000 555,500 44.82% Capital Fund Summary of Expenditures Expenditure Summary Capital Fund Expenditures Treasurer/Finance Police Department Highway Maintenance Building & Grounds Health Department Traffic Signs & Streets Town Museum Planning & Zoning Economic Development CIP Administration 132 ACCOUNT DESCRIPTION ACCOUNT ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 BUDGET COUNCIL ADOPTED BUDGET TRANSFERS TO OTHER FUNDS 20099990 509900 - - - 130,000.00 - - - TOTAL CAPITAL FUND TRANSFERS - - - 130,000.00 - - - Council Contractual 20011104 503000 - - - - - - - Council CapOutlay<$10K 20011104 508000 - - - - - - - Council Land 20011104 508100 - - - - - - - Council Equipment 20011104 508200 - - - - - - - Council Vehicles 20011104 508210 - - - - - - - Council PP E 20011104 508220 - - - - - - - Council Buildings 20011104 508300 - - - - - - - Council Infrastructure 20011104 508400 - - - - - - - TOTAL TOWN COUNCIL - - - - - - - TwnMgr Contractual 20012114 503000 - 45.00 - - - - - TwnMgr CapOutlay<$10K 20012114 508000 - - - - - - - TwnMgr Land 20012114 508100 - - - - - - - TwnMgr Equipment 20012114 508200 - - - - - - - TwnMgr Vehicles 20012114 508210 - - - - - - - TwnMgr PP E 20012114 508220 - - - - - - - TwnMgr Buildings 20012114 508300 - - - - - - - TwnMgr Infrastructure 20012114 508400 - - - - - - - TOTAL TOWN MANAGERS OFFICE - 45.00 - - - - - HR Contractual 20012224 503000 - - - - - - - HR CapOutlay<$10K 20012224 508000 - - - - - - - HR Land 20012224 508100 - - - - - - - HR Equipment 20012224 508200 - - - - - - - HR Vehicles 20012224 508210 - - - - - - - HR PP E 20012224 508220 - - - - - - - HR Buildings 20012224 508300 - - - - - - - HR Infrastructure 20012224 508400 - - - - - - - TOTAL HUMAN RESOURCES RISK MGMT - - - - - - - 133 ACCOUNT DESCRIPTION ACCOUNT ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 BUDGET COUNCIL ADOPTED BUDGET 20099990 CAPITAL FUND TRANSFERS 20012414 503000 - - - - - - - Treas CapOutlay<$10K 20012414 508000 - - - - - - - Treas Land 20012414 508100 - - - - - - - Treas Equipment 20012414 508200 - - - - - - - Treas Vehicles 20012414 508210 - - - - - - - Treas PP E 20012414 508220 - - - - - - - Treas Buildings 20012414 508300 - - - - - - - Treas Infrastructure 20012414 508400 - - - - - - - BANK SERVICE CHARGES 20012414 558602 - - - - - - - TOTAL TREASURERS OFFICE FIN DEPT - - - - - - - Police Ops Contractual 20031104 503000 - 5,000.00 - - - - - Police Ops CapOutlay<$10K 20031104 508000 10,227.98 - - - - - - Police Ops Land 20031104 508100 - - - - - - - Police Ops Equipment 20031104 508200 - - - - - - - Police Ops Vehicles 20031104 508210 - - - - - - - Police Ops PP E 20031104 508220 - - - - - - - Police Ops Buildings 20031104 508300 - - - - - - - Police Ops Infrastructure 20031104 508400 - - - - - - - TOTAL POLICE DEPARTMENT 10,227.98 5,000.00 - - - - - Animal Pest Contractual 20031404 503000 - - - - - - - Animal Pest CapOutlay<$10K 20031404 508000 - - - - - - - Animal Pest Land 20031404 508100 - - - - - - - Animal Pest Equipment 20031404 508200 - - - - - - - Animal Pest Vehicles 20031404 508210 - - - - - - - Animal Pest PP E 20031404 508220 - - - - - - - Animal Pest Buildings 20031404 508300 - - - - - - - Animal Pest Infrastructure 20031404 508400 - - - - - - - TOTAL ANIMAL CONTROL COMMUNITY SVCS - - - - - - - 134 ACCOUNT DESCRIPTION ACCOUNT ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 BUDGET COUNCIL ADOPTED BUDGET MntHwyStBrgAdm Contractual 20041104 503000 - - - - - - - GARTHRIGHT BRG IMPROVE 20041104 503200 - - - - - - - MntHwyStBrgAdm CapOutlay<$10 20041104 508000 - 26,640.27 - 345,000.00 - - - MntHwyStBrgAdm Land 20041104 508100 - - - - - - - MntHwyStBrgAdm Equipment 20041104 508200 457,366.00 156.84 - - - 400,000.00 400,000.00 MntHwyStBrgAdm Vehicles 20041104 508210 - 186,460.57 - 186,460.00 - - - MntHwyStBrgAdm PP E 20041104 508220 - - - - - - - MntHwyStBrgAdm Buildings 20041104 508300 - - - - - - - MntHwyStBrgAdm Infrastructur 20041104 508400 - - - - - - - MOUNTAIN VIEW RD IMPROVEMENT 20041104 508400 MTNVW - 500,000.00 - - - - - TOTAL HIGHWAY MAINTENANCE ADMIN 457,366.00 713,257.68 - 531,460.00 - 400,000.00 400,000.00 TrafficSigns CONTRACT SRVCS 20041324 503000 436,146.80 - 178,133.00 - - - - TrafficSigns CAPOUTLAY<$10K 20041324 508000 - 17,667.89 34,509.54 - - - - WASHINGTON AVE & BYPASS RD 20041324 508000 BYPAS - 82,901.79 - - - - - GUS NICKS BLVD SIGNAL 20041324 508000 GUSNK - 51,518.14 - - - - - LEE AVE AND POLLARD ST 20041324 508000 LEEAV - 49,500.00 - - - - - WASHINGTON AVE & MTN VW RD 20041324 508000 WASH - 54,076.00 - - - - - TrafficSigns EQUIPMENT 20041324 508200 - 11,655.00 - - - - - TrafficSigns INFRASTRUCTURE 20041324 508400 - - - - - - - TOTAL TRAFFIC SIGNS & STREET LIGHTS 436,146.80 267,318.82 212,642.54 - - - - Refuse Contractual 20042004 503000 - - - - - - - Refuse CapOutlay<$10K 20042004 508000 - - - - - 25,000.00 25,000.00 Refuse Land 20042004 508100 - - - - - - - Refuse Equipment 20042004 508200 - - - - - - - Refuse Vehicles 20042004 508210 - - - - - - - Refuse PP E 20042004 508220 - - - - - - - Refuse Buildings 20042004 508300 - - - - - - - Refuse Infrastructure 20042004 508400 - - - - - - - TOTAL REFUSE OPERATIONS - - - - - 25,000.00 25,000.00 135 ACCOUNT DESCRIPTION ACCOUNT ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 BUDGET COUNCIL ADOPTED BUDGET BldgGrdsAdm Contractual 20043104 503000 - - - - - - - BldgGrdsAdm CapOutlay<$10K 20043104 508000 281,098.12 97,624.16 244,748.34 1,168,000.00 - 100,000.00 100,000.00 BldgGrdsAdm Land 20043104 508100 - - - - - - - BldgGrdsAdm Equipment 20043104 508200 - - 12,150.00 180,000.00 - - - BldgGrdsAdm Vehicles 20043104 508210 - - - - - - - BldgGrdsAdm PP E 20043104 508220 - - - - - - - BldgGrdsAdm Buildings 20043104 508300 - - - - 50,000.00 600,000.00 600,000.00 BldgGrdsAdm Infrastructure 20043104 508400 - - - - - - - WINDOW REPLACEMENT 20043104 582850 - - - - - - - LIGHTING 20043104 582860 - - - - - - - TOTAL BUILDING AND GROUNDS ADMIN 281,098.12 97,624.16 256,898.34 1,348,000.00 50,000.00 700,000.00 700,000.00 GenProperty Contractual 20043204 503000 - - - - - - - GenProperty CapOutlay<$10K 20043204 508000 - - - - - - - GenProperty Land 20043204 508100 - - 277.84 - - - - GenProperty Equipment 20043204 508200 - - - - - - - GenProperty Vehicles 20043204 508210 - - - - - - - GenProperty PP E 20043204 508220 - - - - - - - GenProperty Buildings 20043204 508300 - - - - - - - GenProperty Infrastructure 20043204 508400 - - - - - 20,000.00 20,000.00 TOTAL GENERAL PROPERTY - - 277.84 - - 20,000.00 20,000.00 HealthDeptBldg Contractual 20043404 503000 - - - - HealthDeptBldg CapOutlay<$10 20043404 508000 - - - - - - - HealthDeptBldg Land 20043404 508100 - - - - - - - HealthDeptBldg Equipment 20043404 508200 - - - - - - - HealthDeptBldg Vehicles 20043404 508210 - - - - - - - HealthDeptBldg PP E 20043404 508220 - 4,290.56 - - - - - HealthDeptBldg Buildings 20043404 508300 - - - - - - - HealthDeptBldg Infrastructur 20043404 508400 - 13,022.37 - - - - - CAP OUTLAY - ANNEX/DOH 20043404 590001 322,158.98 40,062.80 33,795.15 - - - - TOTAL DOH & ANNEX BUILDING 322,158.98 57,375.73 33,795.15 - - - - 136 ACCOUNT DESCRIPTION ACCOUNT ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 BUDGET COUNCIL ADOPTED BUDGET ParksRecAdm Contractual 20071104 503000 - 30.00 - - - - - ParksRecAdm CapOutlay<$10K 20071104 508000 - - - - - - - ParksRecAdm Land 20071104 508100 - - - - - - - ParksRecAdm Equipment 20071104 508200 - - - - - - - ParksRecAdm Vehicles 20071104 508210 - - - - - - - ParksRecAdm PP E 20071104 508220 - - - - - - - ParksRecAdm Buildings 20071104 508300 - - - - - - - ParksRecAdm Infrastructure 20071104 508400 - - - - - - - TOTAL PARKS REC ADMIN - 30.00 - - - - - Pool Parks Contractual 20071324 503000 - - - - - - - Pool Parks CapOutlay<$10K 20071324 508000 - - - - - - - Pool Parks Land 20071324 508100 - - - - - - - Pool Parks Equipment 20071324 508200 - - - - - - - Pool Parks Vehicles 20071324 508210 - - - - - - - Pool Parks PP E 20071324 508220 - - - - - - - Pool Parks Buildings 20071324 508300 - - - - 100,000.00 650,000.00 650,000.00 Pool Parks Infrastructure 20071324 508400 - - - - - - - TOTAL SWIMMING POOL PARKS - - - - 100,000.00 650,000.00 650,000.00 SpecProg Contractual 20071504 503000 - 265.95 - - - - - SpecProg CapOutlay<$10K 20071504 508000 - - - - - - - SpecProg Land 20071504 508100 - - - - - - - SpecProg Equipment 20071504 508200 - - - - - - - SpecProg Vehicles 20071504 508210 - - - - - - - SpecProg PP E 20071504 508220 - - - - - - - SpecProg Buildings 20071504 508300 - - - - - - - SpecProg Infrastructure 20071504 508400 - - - - - - - TOTAL SPECIAL PROGRAMS - 265.95 - - - - - 137 ACCOUNT DESCRIPTION ACCOUNT ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 BUDGET COUNCIL ADOPTED BUDGET WarMem Contractual 20071604 503000 - - - - - - - WarMem CapOutlay<$10K 20071604 508000 - - - - - - - WarMem Land 20071604 508100 - - - - - - - WarMem Equipment 20071604 508200 - - 32,070.65 - - - - WarMem Vehicles 20071604 508210 - - - - - - - WarMem PP E 20071604 508220 - - - - - - - WarMem Buildings 20071604 508300 - 26.08 140,039.89 - - - - WarMem Infrastructure 20071604 508400 - - - - - - - TOTAL WAR MEMORIAL - 26.08 172,110.54 - - - - VetMonument Contractual 20071704 503000 - - - - - - - VetMonument CapOutlay<$10K 20071704 508000 - - - - - - - VetMonument Land 20071704 508100 - - - - - - - VetMonument Equipment 20071704 508200 - - - - - - - VetMonument Vehicles 20071704 508210 - - - - - - - VetMonument PP E 20071704 508220 - - - - - - - VetMonument Buildings 20071704 508300 - - - - - - - VetMonument Infrastructure 20071704 508400 - - - - - - - TOTAL VETERANS MONUMNENT - - - - - - - SeniorProg Contractual 20071804 503000 - 30.00 - - - - - SeniorProg CapOutlay<$10K 20071804 508000 - - - - - - - SeniorProg Land 20071804 508100 - - - - - - - SeniorProg Equipment 20071804 508200 - - - - - - - SeniorProg Vehicles 20071804 508210 - - - - - - - SeniorProg PP E 20071804 508220 - - - - - - - SeniorProg Buildings 20071804 508300 - - - - - - - SeniorProg Infrastructure 20071804 508400 - - - - - - - TOTAL SENIOR PROGRAM - 30.00 - - - - - 138 ACCOUNT DESCRIPTION ACCOUNT ORG/OBJ ACTUAL 06-30-2023 ACTUAL 06-30-2024 06-30-2025 BUDGET COUNCIL ADOPTED BUDGET TownMuseum Contractual 20072204 503000 - - - - - - - TownMuseum CapOutlay<$10K 20072204 508000 - - - - - - - TownMuseum Land 20072204 508100 - - - - - - - TownMuseum Equipment 20072204 508200 - - - - - - - TownMuseum Vehicles 20072204 508210 - - - - - - - TownMuseum PP E 20072204 508220 - - - - - - - TownMuseum Buildings 20072204 508300 - - - - - - - TownMuseum Infrastructure 20072204 508400 - - - - - - - TOTAL TOWN MUSEUM - - - - - - - Plan Zone Contractual 20081104 503000 - - 39,632.42 - - - - Plan Zone CapOutlay<$10K 20081104 508000 - - - - - - - 525 Tinker Ave - Greenspace 20081104 508000 525TK - - - - - - - Plan Zone Land 20081104 508100 - - - - - - - Plan Zone Equipment 20081104 508200 - 16.00 - - - - - Plan Zone Vehicles 20081104 508210 - - - - - - - Plan Zone PP E 20081104 508220 - - - - - - - Plan Zone Buildings 20081104 508300 - - - - - - - Plan Zone Infrastructure 20081104 508400 - - - - - - - GREENWAY EXPENITURES 20081104 560702 - - - - - - - TOTAL PLANNING ZONING - 16.00 39,632.42 - - - - Econ Dev Contractual 20081504 503000 - - - - - - - Econ Dev CapOutlay<$10K 20081504 508000 362,190.58 208,234.69 99,407.73 200,000.00 - - - Vinton Parking Lot 20081504 508000 PARKG - 441,399.78 - - - - - CBA&A - TRAILER PARK PRJ 20081504 508000 TPPRJ - 247,555.25 - - - - - Econ Dev Land 20081504 508100 - - - 200,000.00 - - - Econ Dev Equipment 20081504 508200 - - - - - - - Econ Dev Vehicles 20081504 508210 - - - - - - - Econ Dev PP E 20081504 508220 - - - - - - - Econ Dev Buildings 20081504 508300 - - - - - - - Econ Dev Infrastructure 20081504 508400 - - - - - - - Gish Mill Delivery 20081504 550000 21,640.83 6,300.00 - - - - - TOTAL ECONOMIC DEVELOPMENT 383,831.41 903,489.72 99,407.73 400,000.00 - - - - TOTAL CAPITAL FUND EXPENDITURES 1,890,829.29 2,044,479.14 814,764.56 2,409,460.00 150,000.00 1,795,000.00 1,795,000.00 139 140 FY27 Knuckleboom Truck Replacement 250,000 Pickup w/ Dumpbed & Spreader Box 100,000 Dump Trailer 25,000 Front-end Mower 25,000 Downtown Compactor 25,000 HVAC and Equipment Projects 100,000 Police Training and Gearheart Park Design 50,000 Police Training and Gearheart Park Construction 500,000 Reconstruct Public Works Parking Lot 50,000 Road Bollards 20,000 Community Center and Farmers Market Design 100,000 Community Center Construction 500,000 Pollard St Vacant Lot Pocket Park 50,000 TOTAL 1,795,000 FY28 Public Works Building and Garage Updates 200,000 Swivel Attchements, Yanmar 120,000 Ventrax Mower 75,000 3rd Street Design 225,000 Farmers' Market & Stage Reno 275,000 Hydro Seeder 45,000 Skid Steer Grading Attachment 25,000 Dumptruck, Snow Plow & Spreader Replacement 285,000 Lee Ave Streetscape 200,000 Curb, Gutter and Sidewalk Construction 200,000 TOTAL 1,650,000 FY29 3rd Street Stowmwater/FDR 2,100,000 TOTAL 2,100,000 FY30 Bridge Redecking Maintenance, Garthright Bridge 850,000 Hook Truck w/ Attachments 210,000 Municipal Building Roof Replacement 400,000 Dumptruck, Snow Plow & Spreader Replacement 290,000 TOTAL 1,750,000 FY31 Refuse Truck Replacements (1-arm bandit) (2)1,000,000 Street Sweeper Replacement 300,000 Replace Backhoe-Frontend Loader 225,000 Small Refuse Truck (Alleys)225,000 TOTAL 1,750,000 Town of Vinton, Virginia FY27-31 CIP Planning Worksheet 141 CIP Funding Description Amount Budget Code Knuckleboom Truck Replacement 250,000 20041104-508xxx Pickup w/ Dumpbed & Spreader Box 100,000 20041104-508xxx Dump Trailer 25,000 20041104-508xxx Front-end Mower 25,000 20041104-508xxx Downtown Compactor 25,000 20042004-508xxx HVAC and Equipment Projects 100,000 20043104-508xxx Police Training and Gearheart Park Design 50,000 20043104-508xxx Police Training and Gearheart Park Construction 500,000 20043104-508xxx Reconstruct Public Works Parking Lot 50,000 20043104-508xxx Road Bollards 20,000 20043204-508xxx Community Center and Farmers Market Design 100,000 20071324-508xxx Community Center Construction 500,000 20071324-508xxx Pollard St Vacant Lot Pocket Park 50,000 20071324-508xxx Total Capital Fund 1,795,000 Budget FY2026-2027 Town Manager's CIP Funding Listing Capital Fund 142 Fund/Description Impact Description Annual Operating Impact Capital Budget Capital Fund Knuckleboom Truck Replacement Routine Maintenance 3,000.00 250,000.00 3,000.00 100,000.00 1,500.00 25,000.00 1,500.00 25,000.00 1,500.00 25,000.00 1,500.00 100,000.00 - 50,000.00 Police Training and Gearheart Park Construction 3,000.00 500,000.00 Reconstruct Public Works Parking Lot 1,500.00 50,000.00 Road Bollards 500.00 20,000.00 Community Center and Farmers Market Design - 100,000.00 Community Center Construction 1,500.00 500,000.00 Pollard St Vacant Lot Pocket Park 500.00 50,000.00 TOTAL CAPITAL FUND 19,000.00 1,795,000.00 2026-2027 Capital Improvement Project Costs Projected Operating Impact FY2027 CIP 143 Grade Title MIN MID MAX 9 Open 30,708.38$ 36,127.50$ $41,546.63 10 Open 32,243.80$ 37,933.88$ $43,623.96 11 Open 33,855.99$ 39,830.57$ $45,805.16 12 Open 35,548.78$ 41,822.10$ $48,095.41 13 Equipment Operator I 37,326.22$ 43,913.20$ $50,500.19 14 Equipment Operator II 39,192.54$ 46,108.87$ $53,025.19 15 Mechanic, Equipment Operator III 41,152.16$ 48,414.31$ $55,676.45 16 Treasury Administrator, Community Programs Supervisor, Planning and Zoning Coordinator, Administrative Assistant, Records Manager 43,209.77$ 50,835.02$ $58,460.28 17 Open 45,370.26$ 53,376.78$ $61,383.29 18 Administrative Manager, Police Officer Recruits, Professional Standards Police Officer 47,638.77$ 56,045.61$ $64,452.46 19 Financial Administrator, Facility Supervisor, Chief Mechanic, Police Officer Certified Patrol, Public Works Crew Leader 50,020.71$ 58,847.89$ $67,675.08 20 Utility Systems Manager, General Services Manager 52,521.75$ 61,790.29$ $71,058.83 21 Open 55,147.83$ 64,879.80$ $74,611.77 22 Corporal 57,905.22$ 68,123.79$ $78,342.36 23 Senior Financial Analyst, Environmental Planner, Town Clerk, Risk Management/HR Coord.60,800.49$ 71,529.98$ $82,259.48 24 Sergeant, Deputy Treasurer 63,840.51$ 75,106.48$ $86,372.46 25 Assistant Public Works Director, Assistant Finance Director, Assistant Planning and Zoning Director, Econ Dev Specialist, Community Programs Manager, Treasurer, Manager of Guest Experiences and Events 67,032.54$ 78,861.81$ $90,691.08 26 Open 70,384.16$ 82,804.90$ $95,225.63 27 Lieutenant 73,903.37$ 86,945.14$ $99,986.91 28 Open 77,598.54$ 91,292.40$ $104,986.26 29 Open 81,478.47$ 95,857.02$ $110,235.57 30 Public Works Director, Planning and Zoning Director, Human Resources/Risk Management Director, Cultural Placemaking&Events Director, Finance Director, Capital Projects Director, Deputy Chief of Police 85,552.39$ 100,649.87$ $115,747.35 31 Open 89,830.01$ 105,682.36$ $121,534.72 32 Police Chief, Deputy Town Manager 94,321.51$ 110,966.48$ $127,611.45 TOWN OF VINTON PAY CLASSIFICATION PLAN FY 26/27 144 145 Real Estate Tax* $.07 per $100 assessed value (+ $1.03 per $100 to Roanoke County) Personal Property Tax* Value Used For Taxes: Loan Value, 77% of Retail Value Assessment Ratio: 100% Nominal Rate Per $100: $1.00 (+$3.40 to Roanoke County) Machinery and Tools Tax* Value Used For Taxes: Original Total Capitalized Cost Nominal Rate Per $100: $1.00 (+$2.80 to Roanoke County) Assessment Ratio Effective Rate Per $100 Years 1-5 - 25% $0.25 (+$0.75) Years 6-10 - 20% $0.20 (+$0.60) Years 11+ - 15% $0.15 (+$0.45) *Vinton residents pay some taxes to both the town and the county, since services are delivered by both jurisdictions Cigarette Tax $0.25 per pack of 25 or fewer cigarettes E-911 Telephone Service Local tax replaced with statewide tax under the Virginia Communications Sales and Use Tax, 2006 Va. Acts ch.780 TOWN OF VINTON TAXES, LICENSES AND FEES SCHEDULE EFFECTIVE JULY 1, 2026 General Property Taxes Other Local Taxes 146 Electric Utility Consumer Tax* Residential Consumer: .00900 per kWh/month not to exceed $1.80/month Commercial Consumer: .00610 per kWh/month not to exceed $600.00/month Industrial Consumer: .00640 per kWh/month not to exceed $600.00/month Local Telephone Utility Consumer Tax Local tax replaced with statewide tax under the Enhanced Public Safety Telephone Services Act, 2000 Va. Acts ch.1064 Meals Tax 6% on the amount paid for meal(s) purchased from any food establishment, whether prepared in such food establishment or not, and whether consumed on the premises or not. Mobile Phone Utility Consumer Tax All Consumers: 10% of charges per month to $30.00 in charges per month. Natural Gas Utility Consumer Tax* Residential Consumer: .12183 per CCF/month not to exceed $1.80/month Commercial Consumer: .12183 per CCF/month not to exceed $600.00/month Industrial Consumer: .12183 per CCF/month not to exceed $600.00/month Public Water Utility Consumer Tax* Residential Consumer: 12% per two-month billing period with a Maximum of $1.80 ($15.00 x 12%) per billing period Commercial/Industrial Consumer: 12% per monthly billing period with a maximum of $600.00 ($5,000.00 x 12%) Transient Occupancy Tax 7% on the amount paid for a room or space provided on hotel, motels or campgrounds. *These utilities also pay a license tax of one-half (1/2) of one (1) percent of gross receipts accruing from sales to the ultimate consumer in the Town of Vinton. 147 Classification Rates Minimum Fee Retail $0.20 per $100.00 of gross receipts $30.00 gross receipts 0 - $125,000 Business Services $0.36 per $100.00 of gross receipts $30.00 gross receipts 0 - $125,000 Professional/Financial $0.58 per $100.00 of gross receipts $30.00 gross receipts 0 - $125,000 Wholesale $0.05 per $100.00 of gross receipts $30.00 gross receipts 0 - $125,000 Contractor $0.16 per $100.00 of gross receipts $30.00 gross receipts 0 - $125,000 Peddlers – General $250.00 per person Peddlers – Perishable $ 50.00 per person Itinerant Vendor – General $500.00 per person Itinerant Vendor – Perishable $ 50.00 per person **Additional fees may apply for alcoholic beverages and coin operated machines Community Programs Charles R. Hill Community Center Fees The rates listed below are maximum set rates and are subject to change based on the circumstances of each event. Hourly rates and non-profit rates are available upon request. Additional time can be rented on a pro-rated hourly rate schedule. This proposal would be effective for all new bookings made after January 1, 2019. Bookings made prior to this date would be honored at the old rates. Resident Rate: $60/hour Non-Resident Rate: $70/hour Employee Rate: $50/hour Frequency Rate: $35/hour Non-Profit Organizations and Veterans are eligible for 10% discount. Rental Fee includes access to the facilities and amenities. Business Licenses Fees 148 Farmer’s Market Fees The Vinton Farmers’ Market will operate from May through October, Tuesday through Friday from 9:00 a.m. until 6:00 p.m. and Saturday from 9:00 a.m. until 1:00 p.m. The Town of Vinton reserves the right to change or modify the operating hours and season. Daily $ 10.00 Monthly $240.00 War Memorial Rental Fees For weekday rentals that don’t require a full day rental, the venue is available for hourly rentals. The minimum rental is four hours. The Dogwood Ballroom is the South + North Ballroom combined. The rates listed below are maximum set rates and are subject to change based on the circumstances of each event. Hourly rates and non-profit rates are available upon request. Additional time can be rented on a pro-rated hourly rate schedule. This proposal became effective for all new bookings made after May 19, 2026. The following events require rental of both the Dogwood Ballroom and the Library: Events with 120 or more guests, or events utilizing the parking lot as event space (beyond standard guest parking). Business/Individual Rental Rates Event Schedule Library South Ballroom North Ballroom Dogwood Ballroom Weekday Rate 8 Hour Block $550 $650 $850 1,500 Hourly Rate $90 $125 $175 300 8 Hour Block $660 $780 $1020 1,800 Wedding/Special Event Packages Weekend bookings (Friday, Saturday, Sunday) require a two-day package The Signature Experience Weekend: $6,500 | Weekday: $5,500 The Grand Affair Weekend: $7,250 | Weekday: $6,250 Single Weekday Events Mon–Thu Only: $4,000 Optional Add-Ons:  Dedicated Day of Coordinator: $800 o (includes timeline management, vendor coordination, ceremony cues)  Ceremony coordination only: $350  Lines - $15 per linen  Dishware may be added on for an additional fee of $150. 149  We offer a limited selection of pre-designed centerpiece packages available for use with décor add-on package. The décor add-ons include set-up and clean-up of the centerpieces on event tables - $250 Wedding Ceremony Fee - $1,000 House chairs arranged for ceremony with partition wall in place. At the conclusion of ceremony, staff will transition the room during cocktail hour and finish setting up Grand Ballroom for the reception. Authority-Resolution No. 2673 effective May 19, 2026. Planning and Zoning Administrative Appeal $250 fee plus $250 legal ad fee Amend Proffers Same Fee as Rezoning Changes to Approved Site Plan $0 (minor); $350 (major) Copy of Comp/Econ. Dev. Plan Booklet $45 Copy of Subdivision Ordinance $30 Copy of Zoning Map $1 (8 X 10 only in color) Copy of Zoning Ordinance $25 Rezoning - to GB, CB, M-1 or M-2 $850 Rezoning - to PD or MUD $850 Rezoning - to R-3 or R-B $750 Rezoning - to R-LD, R-1, R-2 $650 Sign Permit – Special Event $25 Sign Permit -Permanent $45 up to $1,000 plus $5.00 per additional $1,000 of cost or portion thereof Site Plan Review $600 Special Use Permit $500 Subdivision Review - Large (5+ lots) $500 Subdivision Review - Small (1 - 4 lots) $150 Vacation of Easement or Plats $100 Variance Application $400 Zoning Permit $35 Zoning/Home Occupation Permit $35 Zoning Permit -New Construction $35 Zoning Verification Letter $0 for a basic letter stating tax map no., property address, and zoning district only $25 for more detailed letter with more information about zoning and property 150 Police Department General Contractual Police Services $ 52.00/hour with 2 hours minimum Precious Metals Dealer Permit $200.00 Police Report $ 15.00 Restricted Parking Permits $ 5.00 Solicitor’s Permit $ 20.00 False Alarms Fifth Dispatch $ 25.00 Sixth Dispatch $ 50.00 Seventh Dispatch $100.00 Eighth and Subsequent Dispatches $150.00 Littering Penalty $ 50.00 Parking Penalties Overtime parking $ 20.00 No parking zone $ 20.00 Parking in handicapped zone $100.00 Restricted parking area $ 10.00 No stopping or standing zone $ 10.00 Blocking traffic $ 10.00 Fire lane or within 15 feet of fire hydrant $ 50.00 Parking in front of a public or private driveway $ 10.00 Parking in wrong direction $ 20.00 3rd violation within seven (7) day period $100.00 Parking without valid state license $ 15.00 Parking without valid state inspection $ 15.00 Parking for four (4) days $ 15.00 Parking commercial vehicle-residential area $ 10.00 Other $ 10.00 Public Works Additional town-issued refuse carts* $5.00/month per cart Residential-one (1) additional cart Business and Commercial – two (2) additional carts Excessive amounts of bulk, large items, yard waste, brush and limbs requiring five (5) full-size pickup truck loads* $50.00 Additional fee for each full-size pickup truck load over five (5) $15.00 151 Treasurer/Finance Department General Returned check fee $50.00 DMV Stop Fee $25.00 Duplicate Bill Fee $ 5.00 VLF Transfer Fee $ 1.00 Motor Vehicle License Fees Antique vehicle $ 5.00 Motor vehicle, trailer, semitrailer $20.00 Motorcycle $15.00 Vehicles with gross weight of 4,001 or more $25.00 Transfer fee for replacement vehicle $ 1.00 Public Rights-of-Way User Fee A public rights-of-way user fee is imposed upon each access line of every provider of telecommunications as established under Section 56-468.1 of the 1950 Code of Virginia, as amended. The Town will apply the public rights-of-way use fee as calculated by the Virginia Department of Transportation as provided by law. 152 NOTICE OF PUBLIC HEARING FOR PROPOSED REAL PROPERTY TAX INCREASE The Town of Vinton proposes to increase property tax levies. 1. Assessment Increase: Total assessed value of real property, excluding additional assessments due to new construction or improvements to property, exceeds last year's total assessed value of real property by 6.66 percent. 2. Lowered Rate Necessary to Offset Increased Assessment: The tax rate which would levy the same amount of real estate tax as last year, when multiplied by the new total assessed value of real estate with the exclusions mentioned above, would be $0.066 per $100 of assessed value. This rate will be known as the "lowered tax rate." 3. Effective Rate Increase: The Town of Vinton proposes to adopt a tax rate of $0.07 per $100 of assessed value. The difference between the lowered tax rate and the proposed rate would be $0.004 per $100, or 6.06 percent. This difference will be known as the "effective tax rate increase." Individual property taxes may, however, increase at a percentage greater than or less than the above percentage. 4. Proposed Total Budget Increase: Based on the proposed real property tax rate and changes in other revenues, the total budget of the Town of Vinton will exceed last year's by 0.25 percent. A public hearing on the increase will be held on Tuesday, April 7, 2026, at 6:00 p.m. or as soon thereafter as the matter may be heard, in the Council Chambers of the Vinton Municipal Building, located at 311 South Pollard Street, Vinton, Virginia. Additional information concerning the meeting and the public hearing will be made available on the Town’s website at least three days before the meeting date. Persons requiring special assistance to attend and participate at this public hearing should contact the Town Manager's office at (540) 983-0607. Megan Lawless Town Clerk ------------------------------------------------------------------------------------------------------------------------ Please publish in the Messenger on Thursday, March 26, 2026. Please send invoice and affidavit of publication to: Megan Lawless Town Manager's Office Vinton Municipal Building 311 South Pollard Street Vinton, VA 24179 (540) 983-0607 153 ORDINANCE NO. 1072 AT A REGULAR MEETING OF THE VINTON TOWN COUNCIL, HELD ON TUESDAY, APRIL 7, 2026, AT 6:00 P.M., IN THE COUNCIL CHAMBERS OF THE VINTON MUNICIPAL BUILDING, 311 SOUTH POLLARD STREET, VINTON, VIRGINIA 24179 AN ORDINANCE TO PROVIDE FOR THE ANNUAL LEVY ON REAL ESTATE IN THE TOWN OF VINTON, VIRGINIA WHEREAS, it is desirable of the Town of Vinton to collect real estate taxes semi-annually by June 5th and December 5th; and WHEREAS, the annual levy is necessary to provide for the daily operation of various municipal departments of the Town of Vinton and thus avoid creating an emergency. NOW THEREFORE, BE IT ORDAINED by the Council of the Town of Vinton that the tax levy for the calendar year 2026 on all real property and improvements shall be as follows: All Real Estate shall be assessed at 100% of fair market value, local levy of SEVEN CENTS ($0.07) per ONE HUNDRED DOLLARS ($100.00) of the assessed value for the calendar year 2026." BE IT FURTHER ORDAINED that a copy of this Ordinance be immediately forwarded by the Town Clerk to the Commissioner of Revenue for Roanoke County/Town of Vinton, and to the Finance Director/Treasurer of the Town of Vinton. This Ordinance was adopted on motion made by Council Member McCarty, seconded by Vice Mayor Mullins, with the following votes recorded: AYES: Liles, McCarty, Stovall, Mullins, Grose NAYS: None APPROVED: Bradley E. Grose, Mayor ATTEST: Megan K. Lawless, Town Clerk 154 LEGAL NOTICE TOWN OF VINTON, VIRGINIA NOTICE OF PUBLIC HEARING Please be advised that the Vinton Town Council will hold a public hearing at its meeting on Tuesday, April 7, 2026, at 6:00 p.m. or as soon thereafter as the matter may be heard, in the Council Chambers of the Vinton Municipal Building, located at 311 South Pollard Street, Vinton, Virginia, on the following, to-wit: TO SET A PERSONAL PROPERTY TAX RATE OF NOT MORE THAN $1.00 PER $100 ASSESSED VALUATION IN THE TOWN OF VINTON. TO SET A MACHINERY AND TOOLS TAX RATE OF NOT MORE THAN $1.00 PER $100 ASSESSED VALUATION IN THE TOWN OF VINTON. Persons requiring special assistance to attend and participate at this public hearing should contact the Town Manager’s office at (540) 983-0607. Megan Lawless Town Clerk ------------------------------------------------------------------------------------------------------- Please publish in the Messenger on Thursday, March 26, 2026. Please send invoice and affidavit of publication to: Megan Lawless Town Manager’s Office Vinton Municipal Building 311 South Pollard Street Vinton, VA 24179 (540) 983-0607 155 ORDINANCE NO. 1073 AT A REGULAR MEETING OF THE VINTON TOWN COUNCIL, HELD ON TUESDAY, APRIL 7, 2026, AT 6:00 P.M., IN THE COUNCIL CHAMBERS OF THE VINTON MUNICIPAL BUILDING, 311 SOUTH POLLARD STREET, VINTON, VIRGINIA 24179 AN ORDINANCE to provide for the annual levy on all personal property in the Town of Vinton, Virginia, and to provide for the annual levy on the classification of vehicles owned by disabled veterans, pursuant to § 58.1-3506 of the Code of Virginia (1950, as amended, and by the adoption of Ordinance No. 594 dated August 17, 1993, by the Vinton Town Council. WHEREAS, it is desirable for the Town of Vinton to collect personal property taxes by May 31, 2026; and WHEREAS, the annual levy is necessary to provide for the daily operation of various municipal departments of the Town of Vinton and thus avoid creating an emergency. NOW THEREFORE, BE IT ORDAINED by the Council of the Town of Vinton that a tax levy for the calendar year 2026 shall be one dollar ($1.00) per one hundred dollars ($100.00) of the assessed valuation of all personal property excepting therefrom household furnishings; and BE IT FURTHER ORDAINED by the Council of the Town of Vinton that a tax levy for the calendar year 2026 shall be fifty percent (50%) or fifty cents ($0.50) per one hundred dollars 100.00) of the assessed valuation of one motor vehicle owned and regularly used by a disabled veteran, subject to certain qualifications; and BE IT FURTHER ORDAINED that a copy of this Ordinance be immediately forwarded by the Town Clerk to the Commissioner of Revenue for Roanoke County/Town of Vinton, and to the Finance Director/Treasurer of the Town of Vinton. This Ordinance was adopted on motion made by Vice Mayor Mullins, and seconded by Council Member McCarty, with the following votes recorded: AYES: Liles, McCarty, Stovall, Mullins, Grose NAYS: None APPROVED: Bradley E. Grose, Mayor ATTEST: Megan K. Lawless, Town Clerk 156 LEGAL NOTICE TOWN OF VINTON, VIRGINIA NOTICE OF PUBLIC HEARING Please be advised that the Vinton Town Council will hold a public hearing at its meeting on Tuesday, May 19, 2026, at the Vinton Municipal Building, 311 S. Pollard Street, Vinton, Virginia, at 6:00 p.m. or as soon thereafter as the matter may be heard, for the purpose of discussing the proposed FY2026-2027 Town of Vinton Budget and Proposed Rate Changes for the Vinton War Memorial to be effective July 1, 2026. Revenues Total All Funds General Fund $15,404,943 Grant Fund $4,000 Capital Fund $1,795,000 Total Revenues $17,203,943 Expenditures General Fund: Town Council $189,302 Town Manager's Office 606,581 Commonwealth Attorney 60,000 Town Attorney 35,000 Human Resources 330,387 Treasurer/Finance Department 964,611 Independent Auditors 90,000 Police Department 3,437,220 Animal Control/Community Services 7,656 Communications Contract Services 150,000 Fire & EMS 2,584 Public Works/Highway Maint Admin 590,037 Highway, Streets, Bridge Maintenance 1,879,560 Traffic Signs and Street Lights 105,360 Snow and Ice Removal 30,983 Refuse Operations 653,442 Recycling 64,096 Building and Grounds Admin 438,715 Health Department Bldg 25,450 Vinton War Memorial and Senior Ctr 615,606 Special Programs 293,178 Community Programs Overtime 15,000 Town Museum 23,489 Planning and Zoning 577,092 Economic Development 104,685 Performance Agreements 736,500 Public Transportation 80,000 Vinton Business Center 2,850 Stormwater Administration 164,748 Stormwater Street and Road Cleaning 119,328 Stormwater Operations 381,967 Debt Principal Payments 934,516 Transfer to Other Funds 1,695,000 Total General Fund $15,404,943 157 Grant Fund: VML Risk Management Grant $4,000 Total Grant Fund $4,000 Capital Fund: Public Works $400,000 Refuse 25,000 Building and Grounds 700,000 General Property 20,000 Parks 650,000 Total Capital Fund $1,795,000 Total Combined Expenditures $17,203,943 A complete copy of the proposed Budget and Rate Changes and additional information concerning this public meeting is available in the Town Manager’s Office, located in the Vinton Municipal Building, (540) 983-0607. Persons requiring special assistance to attend and participate at this public hearing should contact the Town Manager’s office at (540) 983-0607. Megan K. Lawless Town Clerk ------------------------------------------------------------------------------------------------------- Please publish as a Display ad in The Vinton Messenger on Thursday, May 7, 2026 and Thursday, May 14, 2026. Please send invoice and affidavit of publication to: Megan K. Lawless Town Manager’s Office Vinton Municipal Building 311 South Pollard Street Vinton, VA 24179 (540) 983-0607 158 ORDINANCE NO. 1075 AT A REGULAR MEETING OF THE VINTON TOWN COUNCIL HELD ON TUESDAY, JUNE 2, 2026, AT 6:00 PM IN THE COUNCIL CHAMBERS OF THE VINTON MUNICIPAL BUILDING, 311 SOUTH POLLARD STREET, VINTON, VIRGINIA. WHEREAS, the Town Charter requires that a budget be adopted by July 1st for the new fiscal year; and WHEREAS, the Council has reviewed the proposed budget and is of the opinion that the Town government can operate for the twelve-month period beginning July 1, 2026, to June 30, 2027, with the revenues and expenditures contained in the attached budget; and WHEREAS, any funds appropriated in this budget to any Town department may be used as participating funds in any Federal Aid Programs for like purposes, with the prior approval of the Town Council. NOW, THEREFORE, BE IT ORDAINED by the Council of the Town of Vinton, Virginia, that the budget for the fiscal year beginning July 1, 2026, and ending June 30, 2027, be set forth herein. BE IT FURTHER ORDAINED that this ordinance provides for the daily operation of the Department of Law and the Department of Finance, and in an emergency. BE IT FURTHER ORDAINED that this Ordinance takes effect July 1, 2026. This Ordinance adopted on motion made by Vice Mayor Mullins seconded by Council Member Liles with the following votes recorded: AYES: Liles, Stovall, Mullins, Grose NAYS: None ABSENT: McCarty APPROVED: Bradley E. Grose, Mayor ATTEST: Megan Lawless, Town Clerk 159 Revenues Total All Funds General Fund $15,404,943 Grant Fund $4,000 Capital Fund $1,795,000 Total Revenues $17,203,943 Expenditures General Fund: Town Council $189,302 Town Manager's Office 606,581 Commonwealth Attorney 60,000 Town Attorney 35,000 Human Resources 330,387 Treasurer/Finance Department 964,611 Independent Auditors 90,000 Police Department 3,437,220 Animal Control/Community Services 7,656 Communications Contract Services 150,000 Fire & EMS 2,584 Public Works/Highway Maint Admin 590,037 Highway, Streets, Bridge Maintenance 1,879,560 Traffic Signs and Street Lights 105,360 Snow and Ice Removal 30,983 Refuse Operations 653,442 Recycling 64,096 Building and Grounds Admin 438,715 Health Department Bldg 25,450 Vinton War Memorial and Senior Ctr 615,606 Special Programs 293,178 Community Programs Overtime 15,000 Town Museum 23,489 Planning and Zoning 577,092 Economic Development 104,685 Performance Agreements 736,500 Public Transportation 80,000 Vinton Business Center 2,850 Stormwater Administration 164,748 Stormwater Street and Road Cleaning 119,328 Stormwater Operations 381,967 Debt Principal Payments 934,516 Transfer to Other Funds 1,695,000 Total General Fund $15,404,943 Grant Fund: VML Risk Management Grant $4,000 160 Total Grant Fund $4,000 Capital Fund: Public Works $400,000 Refuse 25,000 Building and Grounds 700,000 General Property 20,000 Parks 650,000 Total Capital Fund $1,795,000 Total Combined Expenditures $17,203,943 161 Town of Vinton, Virginia General Fund Unassigned Fund Balance Policy Purpose: The Town of Vinton establishes its General Fund Unassigned Fund Balance policy to maintain adequate levels of fund balance to mitigate current and future risks and to ensure stable tax rates. Reserve Level: The Town Council hereby establishes the following minimum General Fund reserve target: 1.The Town shall strive to maintain a General Fund Unassigned Fund Balance not to fall below two months of budgeted General Fund Revenues, the policy floor, and the Town will target to maintain an Unassigned Fund Balance equal to four months of budgeted General Fund Revenues, the policy target. These funds are set-aside to address potential identified risks: a.Economic Uncertainty – A high percentage of Town Revenues are based on consumer driven spending versus assessed property taxes. Adequate Unassigned Fund Balance will allow the Town to be prepared for rises and falls in the local economy, and will help mitigate the need for tax increases to offset losses. b.Emergency Reserve – Unplanned natural disasters and unforeseeable emergencies can create a difficult situation without appropriate Unassigned Fund Balance or cash reserves to pay unplanned costs. The Town strives to maintain an adequate level of Unassigned Fund Balance to allow quick recovery from an extreme event. c.Working Capital – The Town Revenue sources are lower during the first six months or the year although budgeted expenditures are planned on a more consistent basis. Maintaining an adequate level of Unassigned Fund provides the Town with appropriate reserves for cash flow to keep consistent spending and decrease the occurrence of spending freezes. 2.The appropriate level of General Fund reserves shall be reviewed annually each year during the budget preparation. 162 Use of Reserve Funds: Economic Uncertainty – Funds reserved under this category shall be used to mitigate annual revenue shortfalls (actual revenues less than projected revenues) due to slowdown in local economic conditions as well as reductions in revenues caused by actions by State/Federal governments. Should any unanticipated reductions in revenues be deemed to be recurring, adjustments will be made in the following budget so as to reflect revised revenue projections. Any reserve funds expended within this category that result in year-end reserves below the established policy floor level shall be restored in the subsequent budget year. However, if the reserve level falls to below ten percent (10%) of budgeted General Fund Revenues, the Town Council may restore funds over a multi-year period. Emergency Reserve - Funds reserved under this category shall be used to mitigate costs associated with unforeseen emergencies, including natural disasters. Should unforeseen and unavoidable events occur that require expenditure of Town resources beyond those provided for in the annual budget, the Town Manager shall have the authority to approve appropriation of Emergency Reserve Funds. The Town Manager shall then present to the Town Council – no later than its first regularly scheduled meeting – a resolution confirming the nature of the emergency and formally authorizing the appropriation of reserve funds. Working Capital – The Town uses a pooled cash method of accounting, which accounts for funds separately on the General Ledger, but allows cash balances to be combined in banking institutions for ease of use and/or higher interest earnings. The Town Treasurer may use the Unassigned Fund Balance during the year to provide adequate cash flow for expenditure needs during low periods of revenue collection or to account for reimbursable expenditures. If the Unassigned Fund Balance is not adequate to meet anticipated cash flow needs, the Treasurer will work with the impacted Departments to create a plan of action to avoid overspending of available cash reserves. Excess Fund Balance: After the end of each fiscal year, the Treasurer’s Office/Finance Department will report on the audited year-end budgetary fiscal results. Should actual General Fund revenues exceed expenditures, a year-end operating surplus shall be reported. Any year-end operating surplus which results in the General Fund balance exceeding the policy target level shall be deemed available for allocation for the following, subject to Council approval: 1.Transfer to the Capital Fund for appropriation within the Capital Improvement Program Budget and/or Deferred Maintenance Program for non-recurring needs or establishing a balance for future Capital Projects. 163 2.Re-evaluate items from the subsequent year’s operating budget that were not funded because of concern of budget shortfalls and provide for one-time, non- recurring needs. It is the intent of the Town Council to limit use of fund balances in the General Fund to address unanticipated one-time needs. Fund Balances shall not be applied to recurring annual operating expenditures. Adopted by Vinton Town Council on April 6, 2021 by Resolution No. 2421 164 Town of Vinton, Virginia Grant Policies and Procedures Purpose and Definition: The purpose of the grant policies and procedures outlines in this document is to ensure proper oversight of all funds appropriated to the Town, to minimize the Town’s risk of non- compliance with grant requirements, and to ensure proper administration and accounting of all grants. For the purpose of this policy, a grant is defined as follows: An award of financial assistance in the form of money or property by a funding source outside of the Town of Vinton to include the federal government, state government, other local governments, non-profit agencies, private businesses and/or citizens that the Town has the ability to accept or reject. Responsibility: The Town Manager authorizes the Finance Department to promulgate any procedures that minimize the Town’s risk for non-compliance with grant requirements and for providing support to requesting departments. The Finance Department will maintain a back-up file for all grants in order to facilitate management reporting and overall monitoring. The required central grant file will be maintained by the department seeking grant funds and must be retained in accordance with Library of Virginia retention standards. For Federal Grants, the department managing the grant should ensure compliance with the Federal Office of Management and Budget (OMB) general requirements and any other requirements specified by the grant conditions or funding source. The Finance Department will review expenditures for obvious non-compliance and will act as a liaison with independent auditors, but may direct questions regarding grant compliance to the department contact. Unless otherwise directed by the granting authority, departments shall utilize Title 2, Subtitle A, Chapter II, Part 200 (2 CFR § 200 et seq.) for Federal Grant Compliance. Grant Application Procedures: 1.Department heads are required to inform the Finance Department prior to the submission of any grant application. The department applying for the grant should provide the narratives, specifics and technical verbiage for the grant application as well as the assumption of responsibility for fulfilling grant requirements. The Finance Department may develop a form to be completed by the department to collect this information. All grant awards should be immediately reported to the Director of Finance. Department heads are responsible for all interim and final reporting requirements and for the monitoring of special conditions for any grants received in their department. 165 Grant Application Procedures: (Continued) 2.Any grant pertaining to technology will be required to complete a Roanoke County Technology Service Request (TSR) and forward it to the Roanoke County Communication and Information Technology Department (CommIT) before applying for the grant. CommIT must make assurances that any equipment/software purchased will be technologically compatible and can be supported in years to come. 3.The Finance Department will work with the departments to ensure the availability of funds for match requirements. For grant applications where a Council report has not been submitted within a reasonable time, the Finance Department will follow up with the department to see that proper Council procedures are followed. 4.If the grant is incorporated into the Adopted Town of Vinton Budget and appropriated, then no additional Council approval is required for the application and acceptance of the grant. However, supporting documentation to assist in the monitoring of the grant should still be forwarded to the Finance Department. 5.All grant award acceptances must have approval from the Town Manager and the Town Council, under the provisions of this policy. In order for an item to be considered for a Council Meeting, the department must forward the Council Cover Sheet, Resolution, and any additional documentation needed to the Town Clerk in accordance with Council Meeting procedures. 6.In the event that a grant application is denied by the grantor, a copy of the letter of denial shall be forwarded to the Finance Department for its records. Grant Acceptance Procedures: 1.Whenever possible, requests for grants of a recurring nature should be submitted to the Finance Department through the normal budget process that must be approved by the Town Council. 2.The grant award letter/acceptance agreement will be forwarded to the Finance Department. If deemed necessary, the Finance Department may forward the grant award letter/agreement to the Town Attorney for legal review of any clauses or special grant conditions to ensure compliance with particular federal or state laws and regulations. 3.Upon receiving notification of award acceptance, the Finance Department will assign the next available General Ledger codes and the department managing the grant will be notified. 4.In order for expenditures to be processed against a grant, a budget appropriation must be established through Council action. The department requesting a grant will prepare the Council package unless the grant has already been approved by the Town Council during the annual budget process. 166 Grant Acceptance Procedures: (Continued) 5.For reimbursable grants, all reimbursement requests should be copied and forwarded to the Finance Department, noting the applicable account code for the receipting of funds. 6. Departments must immediately notify the Finance Department if: a.There is a subsequent alteration in the funding configurations; b.There is a subsequent alteration in the Town’s financial obligation; c.Grant funds will be carried forward into the next fiscal year; d.There is any notification that the grant will be terminated. 7.Departments are responsible for ensuring that all funds are expended or encumbered prior to the end of the grant period in order for funds to be used adequately and not lost in future award periods. Grant Monitoring and Reporting: 1. Monitoring of Grants a. Departments are responsible for the continuous monitoring of the financial status of grants. The Finance Department will provide departments with ERP Software access and network drive access to monthly financial reports for such monitoring. Departments must review the monthly financial reports and notify the Finance Department promptly of any discrepancies noted and/or additional reports needed. b.Line item budget amendments must be approved prior to grant expenditures being made in order to avoid lost grant funds when/if amendments are denied. Line items can go negative as long as the grant account is not negative in total. However, the department should remember that expenditures must be reported to the grantor by line item and must be allowable in the line item reported and spent. c.Departments must also monitor grants for compliance with all applicable federal, state, and local regulations and ensure that grant expenditures are in compliance with grant procurement policies and procedures. For example, equipment procured with grant funds must be disposed of in accordance with the terms of the grant and OMB Circular A-87 requires payroll costs to be supported properly based on the percentage worked on the grant. Federal grants must meet the requirements set out in OMB Circulars A-87, A-102 and A-133 or the Uniform Grant Guidance, as applicable. Departments should contact the Finance Department if assistance is needed with specific compliance issues. 167 Grant Monitoring and Reporting: (Continued) 2.Grant Reporting a.The requesting department is responsible for providing financial reports to grantors. b.Departments handling grant reporting are responsible for complying by the due dates with all reporting requirements of the grant including financial reporting and reimbursement requests. All reimbursement requests should be copied and forwarded to Finance, with applicable general ledger number, for review. c.Timely requests for reimbursements are crucial to maximize the financial benefits of the grants to the Town. Grant reimbursements should be completed in a timely manner and in accordance with the requirements of the grant. Indirect Costs: Grant applicants may request indirect costs if the application guidelines do not require a federally approved indirect cost rate and the indirect costs are allowed in the grant. Departments should contact the Finance Department for assistance with identifying and calculating indirect costs for inclusion in the grant applications. These funds may be used by the Finance Department to offset costs in overseeing the grant including staff time, external audit expenditures, etc. New Personnel: Any new personnel positions to be created as a result of grant funding must be approved by the Town Manager and properly classified by the Human Resources Director. Departments are to promptly notify Payroll at the start of a new grant period for coding changes needed for those employees being charged to grants since the grant codes may change with each new award year. (Note: Coding changes are noted on the personnel status forms turned into Human Resources by the applicable departments.) Where employees are 100% federally funded by a grant, salaries and wages will be supported by semi-annual certifications stating that the employee worked solely on that program for the period covered by the certification. The certification must be signed by the supervisory official having firsthand knowledge of the work performed by the employee. Where employees are partially federally funded, their daily tasks must be listed on daily activity logs provided by the grantor to support the percentage of time spent working on the grant. Distribution percentages determined before the services are performed do not qualify as support for charges to Federal awards. For example, someone working 75% out of federal funding and 25% out of local funding must complete the daily activity log to substantiate the percentages. 168 Classification of Grant Revenue All federal, state and local grant revenue should be receipted as revenue as opposed to as expenditure refunds in order to be in compliance with approved grant policies. Budgets of expenditures for revenues received are obtained through Council action as previously described above. Year-End Procedures Indicate clearly on July and August check payable requests and credit card logs which fiscal year they are applicable to. Only goods and services received or performed prior to June 30th will be posted back to the prior year. Reconcile July and August expenditures promptly since these adjustments can only be made until August 15th, due to audit timing and materiality of expenditures. Ensure all funds are correctly expended or encumbered prior to the end of the grant period in order for funds to be adequately used and not lost in future award periods. Financial Management Standards: (§ 200.300 - § 200.309) The standards for financial management are found at 2 CFR § 200.302. Among other mandates, a selection of the required standards provide for the following: 1. Identification a.Identification, in its accounts, of all Federal awards received and expended and the Federal programs under which they are received. Federal program and Federal award identification must include, as applicable, the Assistance Listings title and number, Federal award identification number and year, name of Federal agency, and, if applicable, name of pass-through entity. The Town uses a separate fund on the General Ledger to identify grants. 2.Financial Reporting & Accounting Records a.Accurate, current and complete disclosure of the financial results of each federal award programs must be made in accordance with the requirements of 2 CFR § 200.328 and 200.329, the financial reporting requirements set forth in the Government Accounting Standards Board (GASB) on the Schedule of Federal Awards (SEFA), and with Generally Accepted Accounting Principles (GAAP). The Town complies with this standard in the preparation of its Annual Report. Procurement: (§ 200.318 - § 200.326) The Town maintains a local Procurement Policy that complies with the Virginia Public Procurement Act (VPPA). In addition to the Town’s procurement policy and State code, purchasing with federal funds shall comply with the applicable subsections Subpart D of Part 200, including the following limited selection: 169 1.§ 200.318 General Procurement Standards a.The Town must use its own documented procurement procedures, consistent with applicable State and local regulations, for the acquisition of property or services, which procurement procedures must conform to applicable Federal law and the standards identified in 2 CFR § 200317 through 200.327. b.The Town must maintain oversight to ensure that contractors perform in accordance with the terms, conditions, and specifications of their contracts or purchase orders. c.The Town must maintain written standards of conduct covering conflicts of interest and governing the actions of its employees engaged in the selection, award and administration of contracts. No employee, officer, or agent may participate in the selection, award, or administration of a contract supported by a Federal award if he or she has a real or apparent conflict of interest. i.Such conflict of interest would arise when the employee, officer, or agent, any member of his or her immediate family, his or her partner, or an organization which employs or is about to employ any of the parties indicated herein, has a financial or other interest in or a tangible personal benefit from a firm considered for a contract. ii.The officers, employees, and agents of the Town may neither solicit nor accept gratuities, favors, or anything of monetary value from contractors or parties to subcontracts. However, the Town may set standards for situations in which the financial interest is not substantial or the gift is an unsolicited item of nominal value. iii.The standards of conduct must provide for disciplinary actions to be applied for violations of such standards by officers, employees, or agents of the Town. iv.The current Standards of Conduct are documented in the Town’s Employee Handbook and in the State and Local Government Conflict of Interests Act, Va. Code §§ 2.2-3100 through 2.2-3132. d.The Town’s procedures must avoid acquisition of unnecessary or duplicative items. Consideration should be given to consolidating or breaking out procurements to obtain a more economical purchase. Where appropriate, an analysis will be made of lease versus purchase alternatives, and any other appropriate analysis to determine the most economical approach. 170 Procurement: (§ 200.318 - § 200.327) (Continued) e.To foster greater economy and efficiency, and in accordance with efforts to promote cost-effective use of shared services across the Federal Government, the Town is encouraged to enter into state and local intergovernmental agreements or inter-entity agreements where appropriate for procurement or use of common or shared goods and services. f.The Town is encouraged to use Federal excess and surplus property in lieu of purchasing new equipment and property whenever such use is feasible and reduces project costs. g.The Town is encouraged to use value engineering clauses in contracts for construction projects of sufficient size to offer reasonable opportunities for cost reductions. Value engineering is a systematic and creative analysis of each contract item or task to ensure that its essential function is provided at the overall lower cost. h.The Town must award contracts only to responsible contractors possessing the ability to perform successfully under the terms and conditions of a proposed procurement. Consideration will be given to such matters as contractor integrity, compliance with public policy, record of past performance, and financial and technical resources. See also 2 CFR § 200.214 Suspension and debarment. i.A copy of the required certification related to the suspension and disbarment of the vendor MUST be obtained before any funds are spent. This copy must be kept with the grant central file, and be available for Town auditors, when requested. This information is available on the System for Award Management web page and can be accessed at the following address: http://www.sam.gov/. You will see a message showing whether or not your vendor is excluded. Please print this screen and save in your grant file to show compliance with this requirement. If the vendor is excluded, you may NOT purchase for that source. i.The Town must maintain documentation sufficient to detail the history of procurement. These records will include, but are not necessarily limited to the following: rationale for the method of procurement, selection of contract type, contractor selection or rejections, and the basis for the contract price. j.The Town may use a time and materials type contract only after a determination that no other contract is suitable and the contract includes a ceiling price that the contractor exceeds at its own risk. 171 Procurement: (§ 200.318 - § 200.327) (Continued) k.The Town alone must be responsible, in accordance with good administrative practice and sound business judgment, for the settlement of all contractual and administrative issues arising out of procurements. 2.§ 200.319 Competition a.All procurement transactions must be conducted in a manner providing full and open competition consistent with the standards of this section and §200.320. The Town shall eliminate unfair competitive advantage. In order to ensure objective contractor performance and eliminate unfair competitive advantage, contractors that develop or draft specifications, requirements, statements of work, or invitations for bids or requests for proposals must be excluded from competing for such procurements. Some of the situations considered to be restrictive of competition include but are not limited to: i.Placing unreasonable requirements on firms in order for them to qualify to do business; ii.Requiring unnecessary experience and excessive bonding; iii.Noncompetitive pricing practices between firms or between affiliated companies; iv.Noncompetitive contracts to consultants that are on retainer contracts; v.Organizational conflicts of interest; vi.Specifying only a “brand name” product instead of allowing “an equal” product to be offered and describing the performance or other relevant requirements of the procurement; and vii.Any arbitrary action in the procurement process. b.The Town must conduct procurements in a manner that prohibits the use of statutorily or administratively imposed state or local geographical preferences in the evaluation of bids or proposals, except in those cases where applicable Federal statutes expressly mandate or encourage geographic preference. Nothing in this section preempts state licensing laws. When contracting for architectural and engineering (A/E) services, geographic location may be a selection criterion providing its application leave an appropriate number of qualified firms, given the nature and size of the project, to compete for the contract. c.The Town must have written procedures for procurement transactions. d.The Town must ensure that all prequalified lists of persons, firms, or products which are used in acquiring goods and services are current and include enough qualified sources to ensure maximum open and free competition. Also, the Town must not preclude potential bidders from qualifying during the solicitation period. 172 Procurement: (§ 200.318 - § 200.327) (Continued) e.Noncompetitive procurements can only be awarded in accordance with §200.320(c). 3.§ 200.320 Methods of procurement to be followed The Town must use one of the following methods of procurement: Informal Procedures a.Small Purchase Thresholds. i.The Town has established small purchase thresholds in its written procurement policies. The Town may use informal purchase procedures up to the maximum amount established in those written procurement policies, consistent with State law. The maximum amount for which the Town may use small purchase procedures shall be known as the Simplified Acquisition Threshold for the purposes of this policy. The Town’s small purchase procedures also shall establish the micro-purchase threshold, below which the Town need not solicit competitive price or rate quotations. b.Procurement by micro-purchases. i.Procurement by micro-purchases is the acquisition of supplies or services, the aggregate dollar amount of which does not exceed the micro-purchase threshold. To the extent practicable, the Town must distribute micro-purchases equitably among qualified suppliers. Micro-purchases may be awarded without soliciting competitive quotations if the Town considers the price to be reasonable. c.Procurement by small purchase procedures. i.For purchases above the micro-purchase threshold, the Town shall obtain the number of informal quotes required under the Town’s written purchase procedures. A copy of these quotes must be kept with the grant master file in the department. Procedures must be consistent with the Town’s procurement policy for purchases not to exceed the Simplified Acquisitions Threshold. Purchases over the Simplified Acquisitions Threshold must follow formal procedures. Formal Procedures d.Competitive sealed bidding. i.Competitive sealed bidding may be used consistent with the Town’s procurement policy. 173 Procurement: (§ 200.318 - § 200.327) (Continued) e.Competitive Negotiation (competitive proposals). i. Competitive negotiation may be used consistent with the Town’s procurement policy. ii.Requests for proposals must be publicized and identify all evaluation factors and their relative importance. Any response to publicized requests for proposals must be considered to the maximum extent practical. iii.Proposals must be solicited from an adequate number of qualified sources. iv.The Town must have a written method for conducting technical evaluations of the proposals received and for selecting recipients. v.Contracts must be awarded to the responsible firm whose proposal is most advantageous to the program, with the price and other factors considered. vi.The Town may use competitive proposal procedures for qualifications-based procurement of architectural/engineering (A/E) professional services whereby competitors’ qualifications are evaluated and the most qualified competitor is selected, subject to negotiation of fair and reasonable compensation. The method, where price is not used as a selection factor, can only be used in the procurement of A/E professional services. It cannot be used to purchase other types of services through A/E firms. Noncompetitive Procurement f.Noncompetitive Procurement can be used in the following situations: i.The item is available only from a single source; ii.The public exigency or emergency for the requirement will not permit a delay resulting from competitive solicitation; iii.The federal awarding agency or pass-through entity expressly authorized noncompetitive proposals in response to a written request from the Town; or iv.After solicitation of several sources, competition is determined inadequate. 4.§ 200.321 Contracting with small and minority businesses, women’s business enterprises, and labor surplus area firms a.The Town must take all necessary affirmative steps to assure that minority business, women’s business enterprises, and labor surplus area firms are used when possible. Affirmative steps must include: i.Placing qualified small and minority businesses, and women’s business enterprises on solicitation lists; 174 Procurement: (§ 200.318 - § 200.327) (Continued) ii.Assuring that small and minority businesses, and women’s business enterprises are solicited whenever they are potential sources; iii.Dividing total requirements; when economically feasible, into smaller tasks or quantities to permit maximum participation by small and minority businesses, and women’s business enterprises; iv.Establishing delivery schedules, where the requirement permits, which encourage participation by small and minority businesses, and women’s business enterprises; v.Using the services and assistance, as appropriate, of such organizations as the Small Business Administration and the Minority Business Development Agency or the Department of Commerce; and vi.Requiring the prime contractor, if subcontracts are the be let, to make the affirmative steps listed in i. – v. above. 5.§ 200.322 Domestic Preferences for procurements. As appropriate and to the extent consistent with law, the Town should, to the greatest extent practicable under a Federal award, provide a preference for the purchase, acquisition, or use of goods, products, or materials produced in the United States (including but not limited to iron, aluminum, steel, cement, and other manufactured products). The requirements of this section must be included in all subawards including all contracts and purchase orders for work or products under this award. 6.§ 200.323 Procurement of recovered materials The Town must comply with section 6002 of the Solid Waste Disposal Act, as amended by the Resource Conservation and Recovery Act. Please see 2 CFR § 200.323 for further information. 7.§ 200.324 Contract cost and price a.The Town must perform a cost or price analysis in connection with every procurement action in excess of the Simplified Acquisition Threshold including contract modifications. The method and degree of analysis is dependent on the facts surrounding the particular procurement situation, but as a starting point, the Town must make independent estimates before receiving bids or proposals. 175 Procurement: (§ 200.318 - § 200.327) (Continued) b.The Town must negotiate profit as a separate element of the price for each contract in which there is no price competition and in all cases where cost analysis is performed. To establish a fair and reasonable profit, consideration must be given to the complexity of the work to be performed, the risk borne by the contractor, the contractor’s investment, the amount of subcontracting, the quality of its record of past performance, and industry profit rates in the surrounding geographical area for similar work. c.Costs or prices based on estimated costs for contracts under the Federal award are allowable only to the extent that costs incurred or cost estimates included in negotiated prices would be allowable for the Town under Subpart E – Cost Principles of this part. The Town may reference its own cost principles that comply with the Federal cost principles. d.The cost plus a percentage of cost and percentage of construction cost methods of contracting must not be used. 8.§ 200.325 Federal Awarding agency or pass-through entity review Records and documentation must be made available to the Federal awarding agency or the pass-through entity, upon request. Please see 2 CFR § 200.325 for further information. 9.§ 200.326 Bonding Requirements For construction or facility improvement contracts or subcontracts exceeding the Simplified Acquisition Threshold, the Federal awarding agency or pass-through entity may accept the bonding policy and requirements of the Town provided that the Federal awarding agency or pass-through entity has made a determination that the Federal interest is adequately protected. If such a determination has not been made, the minimum requirements for bid bonds, performance bonds, and payment bonds are those set out in 2 CFR §§ 200.325(a) through 200.325(c). 10.§ 200.327 Contract Provisions Town contracts must contain the applicable provisions described in Appendix II to Part 200 – Contract Provisions for non-Federal Entity Under Federal Awards. Town Administration Exemption The Town Manager may exempt any grants from the local requirements of this policy at his/her sole discretion. Adopted by Vinton Town Council on September 21, 2021 by Resolution No. 2451 176 177 TOWN OF VINTON PURCHASING POLICY & PROCEDURES This policy is adopted to guide the Town of Vinton in obtaining high quality goods and services at reasonable cost, in conducting all procurement procedures in a fair and impartial manner with avoidance of any impropriety or appearance of impropriety. The Town of Vinton provides an equal competitive opportunity to all vendors by promoting competitive bidding and/or negotiation, while establishing and maintaining trust, confidence, and cooperation with all vendors. The statutes governing the procurement of goods and services by government entities is contained in the Virginia Public Procurement Act (VPPA). 1.SMALL PURCHASES a.Purchases of $5,000 or less. This level of purchase is delegated to the using department head or designee(s) without obtaining quotations or keeping records for procurement purposes. Purchases less than $5,000 up to the limit on the cardholder’s account may be accomplished through the use of a Town Credit Card. Users are encouraged to compare pricing and utilize previous research when purchasing at this level. b.Purchases between $5,000.01 and $20,000. This level of purchase shall be made on the open market on the basis of terms most financially advantageous to the Town. It shall be accomplished through the use of a least two attempted telephone, written, catalog or electronic quotations. The using department should obtain these quotations and forward to the Purchasing Agent or Designee for review and purchase order issuance. c.Purchases between $20,000.01 and $50,000.00. This level of purchase shall be made on the open market on the basis of terms most financially advantageous to the Town. It shall be accomplished through the use of at least three attempted written or electronic quotations. The using department should obtain these quotations and forward them to Purchasing Agent or Designee for review and purchase order issuance. d.Purchases between $50,000.01 and $100,000. This level of purchase shall be made on the open market on the basis of terms most financially advantageous to the Town. It shall be accomplished through the use of at least four written or electronic quotations. The Purchasing Agent or Designee shall obtain these quotations. 2.LARGE PURCHASES Large purchases are defined as any purchase whereby supplies, goods, construction and services are estimated to cost $100,000.00 and above and professional services over $80,000.00 . This level of purchase requires that a formal Invitation for Bid or Request for Proposal be issued. This shall be accomplished by soliciting interested bidders and those vendors on the Town's bid list. A legal ad shall also be published in the local newspaper and/or posted on a bulletin board assessable to the general public. 178 Notation: The Invitation for Bid and Request for Proposal are two distinctly different methods of procurement. In general, an Invitation for Bid is the most common and contains specifications, a public bid opening, posted bid tabulations, and a firm price offer from a vendor which may not be changed (unless the price is over the town' s budgeted amount). The Request for Proposal differs in that it is a negotiated procurement. Offers are opened in private with no information regarding contents and prices being released until after the negotiation process. 3.PROFESSIONAL SERVICES Professional Services between $20,000.00 and $80,000.00 . This level of purchase shall be made on the open market and the shall be accomplished through the use of at least three attempted written or electronic quotations with emphasis on qualifications, experience, suitability and timeliness. Cost shall not be the sole determining factor. The Purchasing Agent or Designee will obtain these quotations. 4.EXCEPTIONAL PROCUREMENT POLICY a.Purpose This guideline establishes the policies and procedures concerning the purchase of items or services that are exempt from the requirements of applicable policies covering small, intermediate, or large purchases. b.Responsibility Specific responsibility is assigned to the Town Manager and/or designee to review purchases made under the provisions outlined in this policy for compliance with these regulations and to all department heads for seeking to avoid using provisions of this policy that limit competition. c.Policy Normal purchasing policies shall be suspended for purchases made under the following provisions: (1)Sole Source - when determined in writing by the individual responsible for procurement of an item or service that there exists only one source capable of providing an item or service as specified or of equal quality, the Town Manager or designee may issue a request for purchase order. The individual or department head making this request shall explain in writing the basis for determination of why this vendor is considered the sole source. The Town Manager or designee may require the department head to lessen the specifications in order to pre-qualify additional vendors and seek competitive bids. The designation of a vendor as sole source is applicable to a single P.O. and permission for future sole source purchases will be considered on a case-by-case basis. If sole source designation is assigned, this fact is denoted on the request for P.O. and all other documents related 179 to the purchase. All other requirement of purchasing policies applicable to the value of the purchase shall remain in effect. (2)Emergency Purchase - in cases of emergency, contracts may be entered into or purchases made without competitive bidding or competitive negotiations. However, this provision should be avoided if at all possible and practical under the circumstances. A formal, written documentation of the basis for the emergency and the reasons for selection of the particular vendor or contractor shall be made available to the Town Manager as soon as possible. He/she shall then issue a written notice that the purchase or contract was awarded on an emergency basis, identifying that which was procured, and the date of the procurement or award of contract. This notice shall be posted in a public place within the Vinton Municipal Building prior to actually making the purchase or awarding the contract for service, if possible, or as soon as practical thereafter. This purchase will be placed on a request for P.O. and will be signed by the Town Manager and forwarded to the Finance Department as quickly as possible for processing. In the event the Town Manager is unavailable to make a determination of emergency purchases, his/her designee may be empowered to make such decision. All other requirements of purchasing policies applicable to the value of the purchase shall remain in effect. (3)State Contract - items purchased off contracts negotiated by the Virginia Department of General Services will not require any competitive bids. However, should a similar item of equal quality and at less cost be obtained from another vendor, the regular purchasing policies will still be effective, with the state contract price shown on quotation forms as a comparative bid. If the state contract is used, notation of such and contract number should be made on the request for P.O. and forwarded to the approving authority for further processing according to the policy applicable to the value of the purchase. The Finance Department should denote the state contract number on the P.O. when processing. All other requirements of purchasing policies applicable to the value of the purchase shall remain in effect. (4)Cooperative Procurement - items or services purchased in conjunction with another public body or agency for the purpose of combining requirements to increase efficiency or reduce administrative expense on projects or services participated jointly with the Town of Vinton. A public body may also purchase from another public body's contract even if it did not participate in the request for proposal or invitation to bid, if the request for proposal or invitation to bid specified that the procurement was being conducted on behalf of other public bodies, except for instances stated in Sec. 2.2-4304 of the Virginia State Code. When entering into such an agreement, it shall be determined by the Town Council of the Town of Vinton which locality will be responsible for purchasing and/or contracting of services and the subsequent use of procurement policies of such lead locality. If another locality is deemed to be the lead agency, any invoices 180 presented to the Town for reimbursement will be noted as such on the invoice and appropriate purchasing documents. If the Town of Vinton is the lead agency, all procurement policies of the Town applicable to the amount of the invoice will apply. (5)Repetitive Operating Services - for services of recurring operations of the government of the Town of Vinton and which generally is available from a sole source and routine in nature. Examples include utilities such as power, natural gas, and telephone. While no P.O. is needed, the authorizing department head must approve the invoice, but only after reviewing for accuracy and discounting for expenses due from employees, such as long- distance personal telephone calls. Exempted items or services will only be charged to object codes identified for repetitive services or utilities (i.e. object codes #510, electricity; 521, telephone; other utilities, all object codes dealing with salaries or fringe benefits of Town employees, etc.). (6)Contractual Items - items may be bid competitively on a recurring basis for goods or services deemed most cost effective to do such. Examples may include gasoline for Town vehicles, chemicals, asphalt, concrete, salt for snow removal, maintenance service agreements, communication equipment, contracted services provided by Roanoke County or other government, and other goods and services fiscally feasible to procure on a contractual basis to guarantee long term costs. Contractual items must meet all purchasing requirements applicable to the aggregate costs of the term of the contract, including competitive bidding, but does not require a request for P.O. or actual P.O. One (1) copy each of any contract for goods or services must be forwarded to the Town Manager' s office and to the Finance Director/Treasurer to be filed for audit purposes. Any invoices for these goods or services must be clearly marked " Contract Purchase" and approved by the appropriate department head prior to processing. (7) Open-End Purchase Orders - can be issued and approved by the Town Manager, upon request by the department head, for a "not to exceed amount". An open-end purchase order must be approved by the Town Manager, regardless of the amount requested. The P.O. must also state a "not valid after "date to ensure closure on the document. Open-end purchase orders can be used by the Town when unknown items at unknown costs will need to be purchased from a single vendor. Credit cards purchases will be made only upon issuance of an open-end purchase order requested by the proper authority, based upon the dollar value anticipated. The P.O. Request should clearly state in general terms the type of items anticipated to be purchased. Open-end purchases should only be used in situations where due to the volume of items to be purchased and the uncertainty of exact items needed, informal bidding is not practical or efficient. Open end purchasing may also be used when purchasing specific items at public auction when authorized to do so by Town Council through legal resolution. 181 d. Procedure All applicable purchasing policies of the Town of Vinton (unless otherwise noted) should be followed with the variations cited per exception. The Town Manager should be consulted if ambiguities are present, with the decision of the Town Manager on interpretation of this Exception Procurement Policy being final. Adopted by Vinton Town Council on October 4, 2022 , by Resolution No. 2517. 182 Purpose Town of Vinton, Virginia Statement of Investment Policy The purpose of this policy is to set forth the investment and operational policies for the management of the public funds of the Town of Vinton, Virginia (" the Town"). These policies have been adopted by, and can be changed only by, a majority vote of the Town Council of the Town of Vinton, Virginia. These policies are designed to ensure the prndent management of public funds, the availability of operating and capital funds when needed, and an investment return competitive with comparable funds and financial market indices. Scope of the Investment Policy This investment policy is a comprehensive one that governs the overall administration and investment management of those funds held in the Town's investment portfolio. This policy shall apply to such funds from the time of receipt until the time the funds ultimately leave the Town's accounts. These funds include, but are not limited to all general operating funds, enterprise funds, debt service funds, capital improvement funds, and all float (the "Town Portfolio"). The monies of individual funds may be commingled for investment purposes. The guidance set forth herein is to be strictly followed by all those responsible for any aspect of the management or administration of these funds. Investment Objectives The Town's Portfolio shall be managed to accomplish the following hierarchy of objectives: 1 -Preservation of Principal -The single most important objective of the Town's investment program is the preservation of principal of those funds within the portfolio. 2 -Maintenance of Liquidity -The portfolio shall be managed in such a manner that assures that funds are available as needed to meet those immediate and/or future operating requirements of the Town, including but not limited to payroll, accounts payable, capital projects, debt service and other payments. 3 -Maximize Return -The portfolio shall be managed in such a fashion as to maximize the return on investments within the context and parameters set forth by objectives one (1) and two (2) above. 183 Delegation of Authority The Town Treasurer is an appointed official provided by the Town Charter who is charged with collecting, safeguarding and disbursing the Town's funds. Therefore the Town Treasurer shall have responsibility for the operation of the investment program. The Town Treasurer shall establish written procedures for the operation of the investment program consistent with this investment policy. Procedures should include references to safekeeping, delivery vs. payment, investment accounting, repurchase agreements, wire transfer agreements, collateral/depository agreement agreements and banking services contracts. No person may engage in an investment transaction except as provided under the terms of this policy and the procedures established by the Town Treasurer. The Town may employ an Investment Manager to assist in managing some or the Town's entire Portfolio. Such Investment Manager must be registered under the Investment Advisors Act of 1940 or exempt from registration. Investment Committee The Town shall have an Investment Committee to serve in an advisory capacity. The committee shall be comprised of the Town Treasurer, Town Manager, Assistant Town Manager and Council Members serving on the Finance Committee. The Town Treasurer shall be the chairperson of the Investment Committee. The Committee may establish its own rules of procedure, and may retain the services of an investment advisor, registered under the Investment Advisers Act of 1940 or exempt from registration, to assist it in performing its duties. The Investment Committee will be charged with the following responsibilities: 1.To review the investment policy annually and update the investment policy when deemed necessary; 2.Monitor the investment transactions to insure that proper controls are in place to ensure the integrity and security of the Town's Portfolio; 3.Assure that the Town is in compliance with current state laws and the Town's written investment policies. 4.Meet periodically to deliberate such topics as economic outlook, portfolio diversification and maturity structure, cash flow forecasts, potential risks and target rate of return on the investment portfolio. Standard of Prudence The standard of prudence to be applied to the investment of the Town's Portfolio shall be the "Prudent Investor" rule that states: "Investments shall be made with judgment and care, under circumstances then prevailing which persons of prudence, discretion and intelligence exercise in the 184 management of their own affairs, not for speculation, but for investment, considering the probable safety of their capital as well as the probable income to be derived." The Town Treasurer and other town employees and officials involved in the investment process acting in accordance with the Code of Virginia, this policy and any other written procedures pertaining to the administration and management of the Town's Portfolio and who exercise the proper due diligence shall be relieved of personal responsibility for an individual security's credit risk or market price changes, provided that any negative deviations are reported in a timely fashion to the Town's Investment Committee and that reasonable and prudent action is taken to control and prevent any further adverse developments. Furthermore, in accordance with Section 2.2-4410 et seq. of the Code of Virginia, the Treasurer shall not be liable for loss of public money due to the default, failure or insolvency of a depository. Ethics and Conflicts of Interest The State and Local Government Conflict of Interests Act governs officers and employees, including those involved in the Town's investment process. Specifically, Code of Virginia Section 2.2-3103 (5) and (6) of the Act provide that no officer or employee shall: 1.accept any money, loan, gift, favor, service, or business or professional opportunity that reasonably tends to influence him in the performance of his official duties; or 2.Accept a business or professional opportunity when he knows there is a reasonable likelihood that the opportunity is being afforded to influence him in the perfo1mance of his official duties. To ensure that personal investment or business transactions do not violate these provisions or any other provision of the State and Local Government Conflict of Interests Act, officers and employees must (i) familiarize themselves with his Act and (ii) carefully scrutinize how their personal interests may affect or be affected by the transactions that are part of the Town's investment process. Authorized Investments In accordance with Sections 2.2-4501 through 2.2-4510 of the Code of Virginia and other applicable law, including regulations promulgated by the Treasury Board of Virginia, the Town shall be permitted to invest in any of the following securities. A)U. S. Government Obligations. The following securities issued by the United States Government or its Agencies: 1.Stocks, bonds, treasury notes and other evidences of indebtedness of the United States, including: 185 a.the guaranteed portion of any loan guaranteed by the Small Business Administration, b.any agency of the Untied States government, and c.those unconditionally guaranteed as to the payment of principal and interest by the United States. 2.Bonds of the District of Columbia; 3.Bonds and notes of the Federal National Mortgage Association and the Federal Home Loan Banks: 4.Bonds, debentures or other similar obligations of the federal land banks, federal intermediate credit banks, or banks of cooperatives, issued pursuant to acts of Congress; and 5.Obligations issued by the United States Postal Service when principal and interest thereon are guaranteed by the government of the United States. U.S. Government obligations shall be limited to a maximum maturity of five (5)years at the time of purchase. B)Repurchase Agreements. Contracts for the present purchase and subsequent resale at a specified time in the future of specific secmities at specified prices at a price differential representing the interest income to be earned by the Town. Such contracts shall be invested in only if the following conditions are met: 1.the repurchase agreement has a term to maturity of no greater than ninety (90)days; 2.the contract is fully secured by deliverable U.S. Government Obligations as described in (A) above (without limit to maturity), having a market value at all times of at least one hundred two percent (102%) of the amount of the contract; 3.a master repurchase agreement or specific written, repurchase agreement governs the transaction; 4.the securities are held free and clear of any lien by an independent third party custodian acting solely as agent for the Town, provided such third party is not the seller under the repurchase agreement and is a qualified public depository as defined in Section 2.2-4400 et seq. of the Code of Virginia; 5.a perfected first security interest under the Uniform Commercial Code in accordance with book entry procedures prescribed at 31 C.F.R. 306.1 et seq. in such securities is created for the benefit of the Town; 6.for repurchase agreements with terms to maturity of greater than one (I) day, the Town will value the collateral securities continuously and require that if additional collateral is required then that collateral must be delivered within one business day (if a collateral deficiency is not corrected within this time frame, the collateral securities will be liquidated.); 186 7.the counterparty is a : a.primary government securities dealers who report daily to the Federal Reserve Bank of New York, or b.a bank, savings and loan association or diversified securities broker-dealer having $5 billion in assets and $500 million in capital and subject to regulation of capital standards by any state or federal regulatory agency; and 8.the counterparty meets the following criteria: a.has a short-term debt rating of "A-I" or higher from Standard & Poor's; b.has a long term debt rating of at least "AA" by Standard & Poor's or "Aa" by Mood's Investor's Services, c.has been in operation for at least 5 years, and d.Is reputable among market participants. C)Commercial Paper. Unsecured short-term debt of U.S. corporations may be purchased if the following conditions are met: 1.the maturity is no greater than two hundred-seventy days (270) days: 2.no more than thirty-five (35%) of the total funds available for investment (based on book value on the date of acquisition) may be invested in commercial paper; 3.the amount invested in any single issuing corporation will not exceed five percent (5%) of the total funds available for investment (based on book value on the date of acquisition); 4.the issuing corporation, or its guarantor, has a net worth of at least $50 million; 5.the net income of the issuing corporation, or its guarantor, has averaged $3 million per year for the previous five years; and 6.the issuing corporation, or its guarantor, has a short-term debt rating of no less than "A-I" ( or its equivalent" by at least two of the following Moody's Investors Service, Standard & Poor's and Fitch Investor's Service. D)Bankers' Acceptances. Issued by a domestic bank or a federally chartered domestic office of a foreign bank, which are eligible for purchase by the Federal Reserve System may be purchased if the following conditions are met: 1.the maturity is no greater than two hundred-seventy days (270) days; 2.the short-term paper of which is rated not lower than P-1 by Moody's Investors Services and A-I Standard & Poor's Corporation; and 3.The amount invested in any single bank will not exceed five percent (5%) of the total funds available for investment (based on book value on the date of acquisition). 187 E)Corporate Notes. Issued by corporations organized and operating within the United States or by depository institutions licensed by the United States or any state and operating within the Untied States which meet the following requirements: I.the maturity is no greater than fire (5) years at the time of purchase; 2.has a minimum "Aa" long term debt rating by Moody's Investors Service and a minimum "AA: long term debt rating by Standard & Poor's; and 3.The amount invested in any single issuing corporation will not exceed five percent (5%) of the total funds available for investment (based on book value on the date of acquisition). F)Municipal Obligations. Bonds, notes and other evidences of indebtedness of the Commonwealth of Virginia, or of any county, City, town, district, authority or public body of the Commonwealth of Virginia upon which there is no default that meet the following criteria; I.Have a final maturity on the date of investment not to exceed five (5) years. 2.Rated in either of the two highest rating categories by a nationally recognized rating agency. G)Negotiable Certificates of Deposit and Bank Deposit Notes of domestic banks and domestic offices of foreign banks with: I.a rating of at least "A-1" by Standard & Poor's and "P-1" by Moody's Investor Service, Inc., for maturities of one year or less; 2.and a rating of at least "AA" by Standard & Poor's and "Aa" by Moody's Investor Service for maturities over one year and not exceeding five years. H)State Pool. The pooled investment fund (known as the Virginia Local Government Investment Pool) as provided for in Section 2.2-4600 et seq. of the Code of Virginia. I)V ACoNML Virginia Investment Pool. A pooled investment program that local governments and other political subdivisions use to invest assets they expect to hold for one year or longer. Assets of governmental participants are invested in high-quality corporate and government securities with average duration of between 1 to 2 years. VIP has a higher expected rate of return compared to traditional money market funds by investing in slightly longer term securities as authorized under the Virginia Investment of Public Funds Act. Local governments typically utilize both vehicles: 1.A money market fund with overnight liquidity for operating expenses, and 188 2.VIP for funds requiring less liquidity that can be invested for one year or longer. VIP's approach provides governmental entities the opportunity to access a professional investment manager while sharing expenses. Investment decisions are guided by a top-notch fund manager with access to extensive research capabilities. The program offers semi-monthly liquidity, which enables participants to access their funds on short notice in order to respond to unexpected events. J)Registered Investment Companies (Mutual Funds.) Shares in open-end investment funds provided such funds are registered under the Federal Investment Company Act of 1940, invest exclusively in the securities specifically permitted under this investment policy, and which are similarly diversified, provided that the fund is rated "AAm" or "AAm-G" or better by Standard & Poor's Corporation, or equivalent by other rating agencies. The fund must also be properly registered for sale under the Securities Act (Section 13.1-501 et seq.) of the Code of Virginia. Bank Deposits Certificates of deposit and other evidences of deposit in any national banking association, Federal Savings and Loan Association or Federal Savings Bank located in Virginia and any bank, trust company or savings institutions organized under Virginia law are permitted by Section 2.2-4401 et seq. of the Code of Virginia. The Town will maintain bank deposits meet the following requirements: 1.the maturity is greater than one ( 1) year at the time of purchase; 2.certificates of deposit will be placed directly with depository institutions (no third parties or money brokers will be used); 3.deposits will be secured in accordance with the Virginia Security for Public Deposits Act, (Section 2.2-4400 et se.) of the Code of Virginia that reqmres: a.collateralization on all deposits of Town funds in excess of the amount protected by federal deposit insurance, and b.Collateralization with (i) U.S. Government obligations and securities unconditionally guaranteed as to the payment of principal and interest by the United States, or any Agency thereof, or (ii) municipal bonds of the Commonwealth of Virginia or any political subdivision of the Commonwealth of Virginia that meets the minimum criteria established in this Policy for direct investment. 189 Portfolio Diversification The Town's Portfolio shall be diversified by security type and institution. The maximum percentage of the portfolio (book value at the date of acquisition) permitted in each eligible security is as follows: U.S. Government Obligations 100% Maximum Registered Money Market Mutual Funds 100% Maximum State of Virginia LGIP 75% Maximum V ACoNML Virginia Investment Pool 75% Maximum Repurchase Agreements 50% Maximum Bankers' Acceptances 40% Maximum Commercial Paper 35% Maximum Negotiable Certificates of Deposit/Bank N ates 20% Maximum Municipal Obligations 20% Maximum Corporate Notes 15% Maximum Bank Deposits 25% Maximum The combined amount of bankers' acceptances, commercial paper, negotiable certificates of deposit/bank notes and corporate notes shall not exceed fifty (50%) of the total book value of the portfolio at the date of acquisition. The Town's Portfolio will be further diversified to limit the exposure to any one issuer. No more than 5% of the Town's Portfolio will be invested in the securities of any single issuer with the following exceptions: U.S. Treasury Each Federal Agency Each Repurchase Agreement Counterparty Maximum Maturity 100% Maximum 35% Maximum 25% Maximum Maintenance of adequate liquidity to meet the cash flow needs of the Town is essential. Accordingly, the portfolio will be structured in a manner that ensures sufficient cash is available to meet anticipated liquidity needs. Selection of investment maturities must be consistent with the cash requirements of the Town in order to avoid the forced sale of securities prior to maturity. Operating Funds. The Town's operating funds will be invested in permitted investments with a stated maturity of no more than 2 years from the date of purchase. To control interest rate risk, the average maturity of the portfolio will not exceed 1 year. Bond Proceeds. Proceeds from the sale of bonds will be invested in compliance with the specific requirements of the bond covenants without further restrictions as to the maximum te1m to maturity of securities purchased. These proceeds are generally held by 190 the Bond Trustee. However, in no case will bond proceeds be invested in securities with a term to maturity that exceeds the expected disbursement date of those funds. Reserve Funds and other funds with longer-term investment horizons my be invested in securities exceeding five (5) years if the maturity of such investment is made to coincide as nearly as practicable with expected use of funds. Prohibited Investments and Investment Practices The Town is prohibited from: 1.Investment in reverse repurchase agreements; 2.Short sales (selling a specific security before it has been legally purchased); 3.Borrowing funds for the sole purpose of reinvesting the proceeds of such borrowing; 4.Investment in complex derivatives such as range notes, dual index notes, inverse floating rate notes and deleveraged notes, or notes linked to lagging indices or to long-term indices. 5.Investing in any security not specifically permitted by this Policy. Selection, Approval of Brokers, Qualified Financial Institutions The Town Treasurer and/or the Town's Investment Manager shall maintain a list of financial institutions and broker/dealers that are approved for investment purposes ("Qualified Institutions"). Only firms meeting the following requirements will be eligible to serve as Qualified Institutions: 1."primary" dealers and regional dealers that qualify under Securities and Exchange Commission Rule 15C3-1 (uniform net capital rule); 2.capital of no less than $10,000,000; 3.registered as a dealer under the Securities Exchange Act of 1934; 4.member of the National Association of Dealers (NASK); 5.registered to sell securities in Virginia; and 6.The firm and assigned broker have been engaged in the business of effecting transactions in U.S. government and agency obligations for at least five (5) consecutive years. All brokers, dealers and other financial institutions deemed to be Qualified Institutions shall be provided with current copies of the Town's Investment Policy. A current audited financial statement is required to be on file for each financial institution and broker/dealer with which the Town transacts business. Competitive Selection of Investment Instruments It will be the policy of the Town to transact all securities purchase/sales only with Qualified Institutions through a formal and competitive process requiring the solicitation 191 and evaluation of at least three bids/offers. The Town will accept the offer which (a) the highest rate of return within the maturity required; and (b) optimizes the investment objective of the overall portfolio. When selling a security, the Town will select the bid that generates the highest sale price. Primary fixed price federal agencies offerings may be purchased from the list of Qualified Institutions without competitive solicitation if it is determined that no agency obligations meeting the Town's requirements are available in the secondary market at a higher yield. Investment of Bond Proceeds The Town intends to comply with all applicable sections of the Internal Revenue Code of 1986, Arbitrage Rebate Regulations and bond covenants with regard to the investment of bond proceeds. Accounting records will be maintained in a form and for a period of time sufficient to the document compliance with these regulations. Sinking fund investments will be limited to those securities authorized by Section 2.2- 4500 et seq. of the Code of Virginia. Safekeeping and Custody All investment securities purchased by the Town or held as collateral on deposits or investments shall be held by the Town or by a third-party custodial agent who may not otherwise be counterparty to the investment transaction. All securities in the Town's Portfolio shall be held in the name of the Town and will be free and clear of any lien. Fmther, all investment transactions will be conducted on a delivery-vs.-payment basis. The custodial agent shall issue a safekeeping receipt to the Town listing the specific instrument, rate, maturity and other pertinent information. On a monthly basis, the custodial agent will also provide reports which list all securities held for the Town, the book value of holdings and the market value as of month-end. Appropriate Town officials and representatives of the custodial agent responsible for, or in any manner involved with, the safekeeping and custody process of the Town shall be bonded in such a fashion as to protect the Town from losses from malfeasance and misfeasance. Performance Standards The investment portfolio shall be designed and managed with the objective of obtaining a market rate of return throughout budgetary and economic cycles, commensurate with the investment risk constraints and cash flow needs of the Town. Short-term funds and other funds that must maintain a high degree of liquidity will be compared to the return on the three-month U. S. Treasury Bill. Medium term investments and other funds that have a 192 longer-term investment horizon will be compared to an index of U.S. Treasury securities having a similar duration or other appropriate benchmark. Reporting The Town Treasurer or Investment Manager shall prepare an investment report not less than monthly for the Investment Committee. This report shall include: (i) a listing of the existing portfolio in terms of investment securities, amortized book value, maturity date, yield-on-cost, market value, credit rating and other features deemed relevant and (ii) a listing of all transactions executed during the month. The Town Treasurer or Investment Manager shall prepare and submit to the Investment Committee a "Quarterly Investment Report" that summarizes (i) recent market conditions, economic developments and anticipated investment conditions, (ii) the investment strategies employed in the most recent quarter, (iii) a description of all securities held in investment portfolios at month-end, (iv) the total rate of return for the quarter and year-to-date versus appropriate benchmarks, and (v) any areas of policy concern warranting possible revisions to current or planned investment strategies. The quarterly report will also include a statement that the investment of the Town Portfolio is in compliance with this Policy and any applicable bond resolutions. Adopted by Resolution No. 2053 by Town Council on February 18, 2014. 193 194 Accrual - A basis of accounting under which revenues are recorded when earned and expenditures are recorded as soon as they result in liabilities for benefits received, notwithstanding that the receipt of the revenue or the payment of the expenditure may take place, in whole or in part, in another accounting period. Adopted Budget - The budget for financial operations approved by Town Council and enacted via a budget appropriation ordinance. The Adopted Budget shows approved tax rates and estimates of revenues, expenditures, and transfers. It also indicates departmental goals, objectives, and strategies. American Rescue Plan Act of 2021 (ARPA)/Coronavirus State and Local Fiscal Recovery Funds (SLFRF) program – Program to deliver $350 billion to state, local, and Tribal governments across the country to support their response to and recovery from the COVID-19 public health emergency. Annual Comprehensive Financial Report – The annual report issued by the Town on its financial position and activity for the fiscal year. This report is prepared by an independent firm of certified public accountants in conformity with U.S. generally accepted accounting principles as promulgated by the Governmental Accounting Standards Board. Appropriation - An authorization made by Town Council which permits the Town administrative staff to incur obligations against and to make expenditures of governmental resources. Appropriations are usually made for fixed amounts and are typically granted for a one-year period. Assessed Value - The fair market value placed by the Commissioner of Revenue on personal and real property owned by taxpayers. Audit - A comprehensive investigation of the manner in which the government's resources were actually utilized. A financial audit is a review of the accounting system and financial information to determine how government funds were spent and whether expenditures were in compliance with the legislative body's appropriations. A performance audit consists of a review of how well the government met its stated goals. The Commonwealth of Virginia requires that an independent certified public accountant conduct an annual financial audit of each municipality. Balanced Budget – A budget in which current revenues equal current expenditures. After expenditures have been pared, budgets may be balanced by adjusting taxes and fees to generate total current revenues, by drawing down fund balances accumulated from prior years, or by short-term borrowing to make up the difference between revenues from taxes and other income and current expenditures. The legal requirement for a balanced budget may be set by the state or the local government. Basis of Budgeting and Accounting – Accounting methods, such as accrual basis and modified accrual basis, used to track revenues received and authorized obligations expensed. Glossary of Terms and Acronyms 195 Bond – A written promise to pay a sum of money on a particular date at a specified interest rate. The interest payments and the repayment of the principal are detailed in a bond ordinance. The most common types of bonds are general obligation and revenue bonds. These are use most frequently for construction of large capital projects, such as buildings, utility systems, parks, etc. General obligation bonds require approval through voter referendum for counties in Virginia. Budget - A plan of financial operation comprised of an estimate of proposed expenditures for a fiscal year and the proposed means of financing those expenditures (revenue estimates). Budget Calendar - The schedule of key dates or milestones which the Town follows in the preparation and adoption of the budget. Budget Committee – The Town’s administrative staff who are responsible for providing oversight to the budget development process and for submitting a recommended budget to Town Council. Budget Document - The official written statement prepared by the Town's administrative staff which presents the proposed budget to the Town Council. Budget Message - A general discussion of the proposed budget presented to the Town Council by the Town Manager as a part of or supplement to the budget document. The budget message explains principle budget issues against the background of financial experience in recent years and presents recommendations made by the Town Manager. Budget Transfer – A shift of budgeted funds from one expenditure item to another. Capital Assets - Town assets of significant value and having a useful life of several years, also referred to as fixed assets. Capital Fund - Accounts for financial resources to be used for the acquisition or construction of major capital purchases. Capital Improvement Program (CIP) – A plan for capital expenditures, to be incurred each year over a fixed period of several future years, which sets forth each capital project, identifies the expected beginning and ending date for each project, the amount to be expended in each year and the method of financing those expenditures. Capital Lease - A lease obligation that has met the criteria to be categorized as a capital lease as opposed to an operating lease under generally accepted accounting principles. Capital leases are common in certain types of financing transactions involving the use of revenue bonds as opposed to general obligation bonds. Capital Outlay – Expenditures to acquire or improve fixed assets that are not necessarily included in the Capital Improvement Program. Examples of capital outlays are furniture, fixtures, machinery, and equipment. 196 Capital Projects - Projects which purchase or construct capital assets. Typically, a capital project encompasses a purchase of land and/or the construction of a building or facility. Community Development Block Grant (CDBG) - Funding received from the U. S. Department of Housing and Urban Development. CDBG primarily benefits low-and moderate-income persons through housing, human services, neighborhood improvements and economic development activities, with a secondary emphasis on the reduction of slums and blight. Contingency Reserve - A budgetary reserve set aside for emergencies or unforeseen expenditures not otherwise budgeted for. Debt - Any obligations of the Town for the payment of money issued pursuant to the Public Finance Act of Virginia. Debt Service - Payment of interest and repayment of principal on Town debt. Delinquent Taxes – Taxes remaining unpaid on or after the date on which a penalty for non-payment is attached. Department of Environmental Quality (DEQ) - protects and enhances Virginia’s environment, and promotes the health and well-being of the citizens of the Commonwealth. Department of Housing and Community Services (DHCD) –- Partners with Virginia’s communities to develop their economic potential, regulates Virginia’s building and fire codes, provides training and certification for building officials, and invests more than $100 million each year into housing and community development projects throughout the state - the majority of which are designed to help low- to moderate-income citizens. Depreciation - (1) Expiration in the service life of capital assets attributable to wear and tear, deterioration, action of the physical elements, inadequacy or obsolescence, or (2) the portion of the cost of a capital asset which is charged as an expense during a fiscal period. Distinguished Budget Presentation Awards Program – A voluntary awards program administered by the Government Finance Officers Association (GFOA) to encourage governments to prepare effective budget documents. To receive the award, governments must have prepared a budget that meets program criteria as a document, an operations guide, a financial plan, and a communications device. Emergency Medical Services (EMS) – The Fire and Emergency Medical Services Department provides emergency fire suppression response to incidents involving fires, fire alarms, smoke scares, vehicle accidents and other types of calls where the threat of fire exists. It also provides emergency medical response to incidents involving injury, illness, accidents, and other types of calls where the threat of injury or illness exists. 197 Enterprise Funds - A type of proprietary fund set up to account for the financing of services to the general public where all or most of the operating expenses involved are recovered in the form of user charges. Included in this category are the Stormwater Fund. Environmental Protection Agency (EPA) -– Issues policy and guidance documents to assist the public on environmental issues and regulated entities and also helps regulated entities meet federal requirements and holds entities legally accountable for environmental violations. Expenditures - The cost of goods received or services rendered whether payment for such goods and services have been made or not. Fiscal Year - An accounting period extending from July 1 to the following June 30 for the Town of Vinton. Fund - A sum of revenues set aside and allocated to specific categories, such as General and Proprietary to provide funding of day-to-day and administrative operations. Fund Balance – represents the cumulative difference between total financial resources and total appropriated uses. Fund balances are used for one-time (non-operational) expenditures or they are appropriated as “reserves” or “contingency”. In the budget process, financial resources equal total appropriated uses because the creation of reserves or contingencies is budgeted as appropriated uses. Generally Accepted Accounting Principles (GAAP) – The standard framework of guidelines for financial accounting, mainly used in the U.S.A. It includes the standards, conventions, and rules accountants follow in recording and summarizing transactions, and in the preparation of financial statements. General Fund - A type of governmental fund used to account for revenues and expenditures for regular day-to-day operations of the Town. The primary sources of revenue for this fund are local taxes and Federal and State grants. General Obligation Bonds - Bonds issued pursuant to Article VII, Section 10 of the Constitution of Virginia and the Public Finance Act secured by the full faith, credit and taxing power of the Town. Goal - A clear statement of a program's mission, or purpose. Governmental Accounting Standards Board (GASB) – Establishes and improves state and local governmental accounting and financial reporting standards which result in practical information for users of financial reports. They also guide and educate the public, including issuers, auditors, and users of those financial reports. Government Finance Officers Association (GFOA) – Promotes excellence in state and local government financial management. They also provide best practice guidance, consulting, networking opportunities, publications including books, e-books, and periodicals, recognition programs, research, and training opportunities. 198 Governmental Funds – These funds are typically used to account for most of a government’s activities, including those that are tax supported. Grant – A contribution of assets (usually cash) by one governmental unit or other organization to another. Typically, these contributions are made to local governments from the Federal and State governments for specified purposes. Grant Fund – A component of the General Funds used to track expenditures and revenue of grant funds received from state, federal or other agencies and organizations. Hazard Mitigation Grant Program (HMGP) - Helps communities implement hazard mitigation measures following a Presidential Major Disaster Declaration in the areas of the state, tribe, or territory requested by the Governor or Tribal Executive. The key purpose of this grant program is to enact mitigation measures that reduce the risk of loss of life and property from future disasters. Lease Purchase Agreement – Contractual agreements that are termed leases, but that in substance are purchase contracts. License/Permit – Document issued to regulate various kinds of businesses or activities within the Town. Modified Accrual - An accounting method in which revenues are recorded when available and measurable and expenditures are recorded when services or goods are received and the liabilities are incurred. Objective - The actual functions or services that a Town program must provide in order to achieve its stated goals. Organization – An operating department, grant or capital project. Also sometimes referred to as a “cost center”. Outcomes – the desired results that will be seen if the Town is successful in providing programs and services that affect the causal factors identified for the priorities. Performance Measure - Specific quantitative measures of services performed or results obtained within a program. Program - A term used to describe a Town department or cost center with distinct objectives and activities. Proposed Budget - The budget proposed by the Town Manager to Town Council for adoption. Proprietary Funds - A type of fund that accounts for governmental operations that are financed and operated in a manner similar to private business enterprises. Proprietary fund types used by the Town include the Enterprise Fund. 199 Refunding - A transaction in which the Town refinances an outstanding issue by issuing new (refunding) bonds and using the proceeds to immediately retire the old (refunded) bonds. Revenue - A term used to represent income to a specific fund, or an increase in the fund's assets. Service Level – A management tool used to measure past performance and changes in the quantity, quality, and efficiency of services. Southeast Rural Community Assistance Project (SERCAP) - Supports a diverse group of individuals and communities across the organization's seven state service region and provides training, technical, and financial assistance to address water, wastewater, solid-waste, community development, and housing needs. Stormwater Fund – A fund used to track expenses on stormwater during the year, currently funded by a transfer from the General Fund. Tax Levy - The total dollar amount of tax that optimally should be collected based on tax rates and assessed values of personal and real properties. Tax Rate - The level at which taxes are levied. Virginia Department of Transportation (VDOT) - Responsible for building, maintaining, and operating the State's roads, bridges and tunnels. And, through the Commonwealth Transportation Board, it also provides funding for airports, seaports, rail and public transportation. Working Capital – Liquid assets used to fund day-to-day operations of the government. Virginia Brownfields Restoration and Economic Redevelopment Assistance Fund (VBAF) -– Provides grants or loans to local governments to promote restoration and redevelopment of brownfield sites and to address environmental problems or obstacles to reuse so these sites can be effectively marketed to new economic development prospects. 200 Frequently Used Acronyms and Initialisms ARPA – American Rescue Plan Act of 2021 BVP – Bullet Proof Vest Partnership CDBG - Community Development Block Grant CIP – Capital Improvement Program COLA – Cost of Living Adjustment COMBAT – Community Blight Abatement Team DCJS – Department of Criminal Justice Services DEQ - Department of Environmental Quality DHCD – Department of Housing and Community Services DMV – Division of Motor Vehicles EMS – Emergency Medical Service EPA - Environmental Protection Agency FOIA – Freedom of Information Act FY – Fiscal Year GAAP – Generally Accepted Accounting Principles GASB – The Governmental Accounting Standards Board GFOA – Government Finance Officers Association GIS – Geographic Information System HMGP - Hazard Mitigation Grant Program (HMGP) NFIP – National Flood Insurance Program SNAP – Supplemental Nutrition Assistance Program VABF – Virginia Brownfields Restoration and Economic Development Assistance Fund VDOT – Virginia Department of Transportation VML – Virginia Municipal League 201