FY2018 Recommended Budget

Some other notable non-routine appropriations of operational budget capacity:

 Fire Apparatus Ladder 3: Purchase of the third of three Quint vehicles for the Morrisville Fire and Rescue Department.

 Enterprise Software Replacement: Supports the Town Council directive and staff commitment to replace the outdated enterprise system. Combined with the remaining balance on an existing purchase order, this amount is anticipated to cover the software solution and related implementation cost.

 Land Use Plan Update: Last updated in 2009, this project will provide a comprehensive update with a specific focus on Wake Tech, McCrimmon Parkway, and Town Center areas.

 Debt Issuance Costs: Financial Advisor and Legal Counsel costs associated with issuance of debt for McCrimmon Parkway Extension Bonds Phase II and short-term financing for the Morrisville-Carpenter Road Project.  Branding Implementation: The replacement cost of selected town facility signs, and production of destination/wayfinding signage. Additional town signage costs will be necessary in future budget years.

Fiscal Year 2018 proposed operating budget recommendations for personnel, debt, and use of fund balance are described in those sections of this Budget Message.

Departments regularly manage programs and services effectively within existing base budget appropriations, sometimes deferring or delaying requests to improve or enhance service delivery or undertake long-range projects. Many of the other requests included in the proposed Fiscal Year 2018 operating budget aide in ensuring ongoing service delivery as is expected by the community. While most continue to be one-time or intermittent, periodic requests for replacement and refresh of equipment, some do result in adjustments to the base budget, and are designated as such. These requests are believed to be reasonable and appropriate to fulfill the needs of our continually growing population and expanding infrastructure oversight. The Stormwater Fund, an Enterprise Fund, is funded primarily by Stormwater Fund revenues based on an equivalent residential unit (ERU) fee, currently at $25 per ERU, permits and fees, and any grant revenues received for stormwater projects. There is no recommended change in the ERU fee for Fiscal Year 2018. A general fund subsidy covers basic program costs not recovered by the Stormwater ERU fee. The basic level of stormwater programming for the upcoming fiscal year remains consistent with existing operation levels. One major project, the Morrisville Aquatics and Fitness Center stream restoration, is proposed for completion in Fiscal Year 2018, with most of the cost being covered by previously collected offsite nutrient credits and the balance through the stormwater operating budget. The General Fund Subsidy remains the same as the current fiscal year at $126,000. The Municipal Service District (MSD) budget for Fiscal Year 2018 assesses a tax rate of $0.10 per $100 assessed value for the costs related to the transfer and improvement of the private streets to public streets standards. Six neighborhoods provided a majority of signed petitions necessary to form the MSD and are assessed a special tax rate annually, which was established in Fiscal Year 2014. The Huntington Park, Kelton Square, and Kelton II projects have been completed. An evaluation of road conditions in the

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