Operating Budget 2025-2026

14.

GENERAL CAPITAL IMPROVEMENT FUND APPROPRIATION

There is hereby appropriated from the General Capital Improvement Fund, for the

capital improvement expenditures in the approved Capital Improvement Program during the

Fiscal Year, $4,853,400. These are capital expenditures and this appropriation shall not lapse

at the close of the Fiscal Year, as set forth in§ 6.10 ofthe Town Charter.

15.

EFFECTIVE DATES

(a) As provided by Town Code§ 22-200, Paragraph 3 ofthis ordinance shall be

effective on and after its adoption; the rest of this ordinance, and the

appropriations set forth herein, shall become effective July 1, 2025. The pay

rates for the fiscal year shall be effective for the entire first paycheck in July.

(b) Effective Julv 1. 2025, the annual salary o[the TownAttornevshall be $218,569,

the annual salary ofthe Town Manger shall be $235,775, and the annual

salary o(the Town Clerk shall be $76,431.

REAL ESTATE TAX DUE AND PAYABLE

16.

The June 5 th due date contained in Town Code§ 22-202 for the payment of first half

real estate taxes is extended to June 27, 2025.

1h

own Clerk I oduction: Apvi\ B, 2o2'5

Public Hearing and Action: tv'\Q� 1.. 1, '2.02 '5 -Pvb\iC- \.-\eorir19 \t\elct Of\ VY\l\� 13, 'JJJ}.,'5

APPROVED AS TO LEGAL SUFFICIENCY:

APP VEDAS TO CONTENT:

1:�s-5:1,,-- 7 Lawrence S. Spencer, Jr., Town Attorney

Steven Ross, eputy Town Manager