Town Manager's Recommended Budget for Fiscal Year 2018/2019 Presented to the Board of Commissioners; scheduled for worksession and public hearing

NOTICE OF PUBLIC HEARING

ON THE TOWN MANAGER’S RECOMMENDED BUDGET

For Fiscal Year 2018/2019

NOTICE IS HEREBY GIVEN, in accordance with NCGS 159-12, on Monday, June 11, 2018 at 5:30 p.m. in the Meeting Room at the Administration Building, 102 Town Hall Drive, off Colington Road, the Kill Devil Hills Board of Commissioners will hold a public hearing to receive public comment, both written and oral, regarding the Town Manager’s Recommended Budget for Fiscal Year 2018/2019. The Recommended Budget was presented to the Board of Commissioners on Wednesday, April 25, 2018. Significant elements of the Recommended Budget include, but are not limited to:

The Recommended Budget reflects no change to the current ad valorem Town-wide tax rate of $.3809; the $.33 tax rate applicable to the real property listed within Kill Devil Hills’ Beach Erosion Control and Flood and Hurricane Protection Works Municipal Service District (MSD), charged for the purpose of raising the revenue listed as “Taxes – Municipal Service District” remains. 

Retail water rates are recommended to increase 4% as the Town continues to address operating costs and waterline and system improvements that are associated with the Water System Master Plan.  Tap fees are also proposed to increase based on cost of materials and installation.

Funding in the amount of $775,000 is included in the Street Capital Reserve Fund, and $218,000 in Powell Bill revenues, for street/drainage improvements in the Whispering Pines Subdivision; also part of this project will be waterline improvements.  Discretionary street maintenance and repair funding is continued in the amount of $50,000. 

A 2.1% cost of living adjustment increase is recommended.

An Other Post-Employment Benefits Irrevocable Trust Fund and a Law Enforcement Officers’ Special Separation Allowance Trust Fund will be established with initial funding in the amounts of $200,000 and $25,000, respectively.

Funding in the amount of $50,000 for construction of a dog park in the vicinity of Aviation Park, along Veterans Drive, is recommended.  Installation of overhead lighting of the Skatepark at Aviation Park is also recommended, and funded in the amount of $140,000. 

The Communications Special Revenue Fund is dissolved; a monopole to house communications antennae arrays is proposed for construction at an estimated amount of $300,000.

The Sidewalk Capital Reserve account is recommended for funding at $100,000; discretionary funding in the amount of $30,000 is included for maintenance and repairs on sidewalks and multi-use paths.  Continued funding of $30,000 for capital maintenance at shorelines accesses is recommended.

Tipping fees for an estimated 10,880 tons of garbage at $74.98 per ton, and 1,330 tons of construction and demolition debris at $67.25 per ton.

Fleet investments include: five police vehicles, three pick-up trucks, a tractor/mower, one commercial garbage truck, a roll-off truck, and a grapple attachment.   

Debt service payments for the 2018/2019 Fiscal Year are recommended as follows:

Recommended Lease Payments = $1,344,077

Debt Service – Public Works Complex – Phase II = $450,418

Debt Service – Beach Nourishment = $1,065,159

The following recommendations from the Water System Master Plan are included in the Recommended Budget: construction of a 300,000 gallon replacement for the elevated water tank at 1634 N. Croatan Highway, and demolition of the existing tank which has been in service since 1964.

All citizens of the Town of Kill Devil Hills are invited and encouraged to attend the public hearing and make oral or written comments on the recommended use of funds. A copy of the budget and budget ordinance, in their entirety, are available for public inspection in the Kill Devil Hills Administration Department, 102 Town Hall Drive, and the Kill Devil Hills branch of the Dare County Library, 400 Mustian Street. The Recommended Budget may be viewed on Kill Devil Hills’ website, www.kdhnc.com. Copies of the budget may be purchased for $25.00 in the Kill Devil Hills Tax and Finance Department, 102 Town Hall Drive.

At the conclusion of the public hearing, the Board of Commissioners may take action on the Recommended Budget, such action to include approval, disapproval, or tabling the budget for further consideration.

Posted this 26th day of April 2018.
Mary E. Quidley
Town Clerk