TOWN OF WARRENTON

FY 2019 PROPOSED BUDGET, AS OF MAY 14, 2018

FY 2018 FY 2019
REVENUES
General Fund Adopted Amended Proposed 5/14/2018
General Property Taxes 1,279,339 1,279,339 1,319,650 1,319,650
Other Local Taxes 6,882,677 6,882,677 7,167,824 7,080,571 reduced by $87,253 for BPOL tax rate cut
Licenses, Permits and Fees 191,100 191,100 180,000 180,000
Fines and Forfeitures 210,000 210,000 170,000 170,000
Use of Money/Property 58,500 58,500 136,700 136,700
Charges for Services 1,344,872 1,344,872 1,360,262 1,360,262
Miscellaneous Revenue 188,400 217,943 252,515 252,515
State Revenue 2,932,302 2,932,302 3,010,764 3,010,764
Federal Revenue 4,500 4,500 4,500 4,500
Transfers/Proffers 12,000 47,000 50,000 50,000
Use of Fund Balance 1,725,374 1,966,328 2,077,323 2,104,576 increased by $27,253 to fund BPOL tax rate cut
General Fund Total 14,829,064 15,134,561 15,729,538 15,669,538 net decrease of $60,000

Capital Projects 1,876,285 3,516,811 2,943,162 2,883,162 decreased by $60,000 for capital projects reduction
WS Operating 5,562,138 5,570,862 5,769,706 5,769,706
WS Capital 4,790,000 6,478,357 12,451,412 12,451,412
Motor Pool 473,307 473,307 519,846 519,846
Information Technology 367,970 367,970 400,711 400,711

Total All Funds 27,898,764 31,541,868 37,814,375 37,694,375

Less Transfers (3,470,238) (3,590,562) (3,496,889) (3,436,889)

Total estimated revenues 24,428,526 27,951,306 34,317,486 34,257,486 net decrease of $60,000

EXPENDITURES FY 2018 FY 2019

General Fund Adopted Amended Proposed 5/14/2018
General government 1,226,253 1,272,353 1,283,860 1,283,860
Public safety 3,692,447 4,085,563 3,656,163 3,656,163
Public works 3,558,619 3,586,838 3,865,228 3,865,228
Parks and recreation 2,189,015 2,189,015 2,267,145 2,267,145
Community Development 1,538,455 1,256,193 1,546,053 1,546,053
Contributions 185,892 185,892 246,615 246,615
Debt service 633,598 633,598 734,530 734,530
Transfers 1,804,785 1,925,109 2,129,944 2,069,944 decreased by $60,000 for capital projects reduction
General Fund Total 14,829,065 15,134,561 15,729,538 15,669,538 net decrease of $60,000
 TOWN OF WARRENTON
FY 2019 PROPOSED BUDGET, AS OF MAY 14, 2018

FY 2018 FY 2019

Capital Projects 1,876,285 3,516,811 2,943,162 2,883,162 decreased by $60,000 for capital projects reduction
WS Operating 5,562,138 5,570,862 5,769,706 5,769,706
WS Capital 4,790,000 6,478,357 12,451,412 12,451,412
Motor Pool 473,307 473,307 519,846 519,846
Information Technology 367,970 367,970 400,711 400,711

Total All Funds 27,898,765 31,541,868 37,814,375 37,694,375

Less Transfers (3,470,238) (3,590,562) (3,496,889) (3,436,889)

Total estimated expenditures 24,428,527 27,951,306 34,317,486 34,257,486 net decrease of $60,000

Adopted Amended Proposed

General Fund Operating FY 2018 FY 2018 FY 2019 5/14/2018
Current Year Revenue 13,103,690 13,121,233 13,602,215 13,514,962
Expenditures (less transfers) 13,024,280 13,209,452 13,599,594 13,599,594
Operating surplus/(deficit) 79,410 (88,219) 2,621 (84,632) use of fund balance for operating increased for BPOL tax rate cut

General Fund Capital FY 2018 FY 2019 5/14/2018

Revenue
Current Year Revenue 79,410 - 2,621 -
Use of Proffers - 47,000 50,000 50,000
Use of Fund Balance 1,725,374 1,878,109 2,077,323 2,019,944
Transfer 1,804,785 1,925,109 2,129,944 2,069,944
- - - -

Summary of 5/14/18 Changes Revenue

As proposed 15,729,538
Reduce BPOL revenue (87,253) 10% cut to Professional and Business/Personal Services Rates
Increase Use of Fund Balance 27,253 To cover BPOL tax rate cut
Total 15,669,538

Expenditures
As proposed 15,729,538
Reduce transfer to Cap Proj (60,000) Splash pad engineering bumped out to FY20 (-$50,000); Park Trash
cans expenditure spread over two fiscal years (-$10,000)
Total 15,669,538