FY23 FULL BUDGET REPORT ADOPTED

Ordinances & Resolutions (Adopted)

TOWN OF MORRISVILLE * 100 TOWN HALL DRIVE * MORRISVILLE, NC 27560

ORDINANCE 2022-181-A OF MORRISVILLE TOWN COUNCIL TO APPROVE FISCAL YEAR 2023 ANNUAL OPERATING BUDGET & CAPITAL INVESTMENT PROGRAM 3 Be It Ordained by the Town Council of the Town of Morrisville, North Carolina that the following anticipated fund revenues and expenditures by function, together with a financial plan, certain Fee and Charge Schedules, and certain restrictions and authorizations are hereby appropriated and approved for the operation of the Town Government and its activities for the Fiscal Year beginning July 01, 2022 and ending June 30, 2023.

Section 1. General Fund ANTICIPATED REVENUES/TRANSFERS IN

Ad Valorem Taxes

25,435,000

Intergovernmental

12,726,300

Permit & Fees

1,320,750

Sales & Services

1,345,250

Restricted Intergovernmental

1,143,700

Miscellaneous

481,300

Investment Earnings

26,000

Transfers (In)

680,300

Appropriation Fund Balance

1,841,400

Total General Fund Revenues

$45,000,000

3 Administrative corrections applied at publication, appropriations at adoption correct. No other actions required.

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