NOTICE OF PUBLIC HEARING

ON THE TOWN MANAGER’S RECOMMENDED BUDGET

For Fiscal Year 2019/2020

        NOTICE IS HEREBY GIVEN, in accordance with NCGS 159-12, on Monday, June 10, 2019 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 2019/2020.  The Recommended Budget was presented to the Board of Commissioners on Monday, May 13, 2019.  Significant elements of the Recommended Budget include, but are not limited to:

• The Recommended Budget includes a Town-wide ad valorem tax rate of $.40 for a Town-wide levy of $8,827,666; 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; the levy for the MSD is $514,214.  
• Total General Fund revenues and expenditures are projected at $19,477,879; total Water Fund revenues and expenditures are projected at $3,951,986; total Wastewater Fund revenues and expenditures are projected at $225,495.
• 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 $639,000 is included in the Street Capital Reserve Fund, and $218,000 in Powell Bill revenues, for street/drainage improvements on a portion of West Hayman Boulevard, a portion of Plymouth Avenue, Sixth Avenue, and Town Hall Drive;   also, part of this project will be waterline improvements.  Discretionary street maintenance and repair funding is continued in the amount of $90,000.  
• The following Capital Reserve Funds are funded:  Sidewalk and Multi-use Path, $100,000; Shoreline Access and Recreation Facilities Reserve Funds, $30,000 each; 
• A 2.8% cost of living adjustment increase is recommended. 
• One new position, Sanitation Equipment Operator, is recommended. 
• Continued funding in the amount of $25,000 is recommended for the Other Post-Employment Benefits Irrevocable Trust Fund. 
• Tipping fees for an estimated 10,857 tons of garbage at $77.00 per ton, and 1,026 tons of construction and demolition debris at $67.25 per ton.
• Fleet investments include: five police vehicles, three pick-up trucks, one shop truck, two residential collection trucks, and one commercial collection truck.      
• Debt service payments for the 2019/2020 Fiscal Year are recommended as follows:
  
  
  • Recommended Lease Payments = $1,345,369
  • Public Works Complex – Phase II =  $445,674
  • Debt Service – Public Works Complex – Phase III = $480,834
  • Debt Service – Beach Nourishment  =  $1,048,639
• Waterline and system improvements in the amount of $258,083 are recommended in accordance with the current Water System Master Plan (WSMP). 
• Funding in the amount of $130,000 is included in the recommended budget to update the WSMP.  

        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 14th day of May 2019. .

Mary E. Quidley
Town Clerk

Town Manager's Recommended Budget for the 2019/2020 Fiscal Year