PUBLIC NOTICE| TOWN OF DUCK’S PROPOSED BUDGET FOR FY 2024-25

Notice is hereby given that the Town Manager’s proposed budget for fiscal year July 1, 2024 – June 30, 2025, has been presented to the Town of Duck Council. The Town Council of the Town of Duck will conduct a PUBLIC HEARING on the proposed budget in the Town of Duck Meeting Hall located at 1200 Duck Road on Wednesday, May 1, 2024, at 1:00 p.m.


A copy of the proposed budget is available for public inspection in the Town Manager’s Office, Monday through Friday from 9:00 a.m. until 5:00 p.m. and online at www.townofduck.com.


All interested persons are invited and urged to make written or oral comments. A summary of the proposed budget follows:

Section 1: General Fund General Fund Revenues

Ad Valorem Taxes
MSD Taxes
Local Government Sales Tax
Real Estate Transfer Tax
Occupancy Tax
Grants
ABC and Beer & Wine
Utility Taxes
Permits and Fees
Investment Earnings and Sale of Assets
Transfers
Debt Proceeds
Fund Balance Appropriated
Other Revenue
Total Revenues
$4,741,190
$1,012,675
$1,900, 000
$375,000
$2,000,000
$42,549
$92,500
$410,000
$208,000
$330,000
$496,764
$124,762
$0
$109,160
$11,842,599

General Fund Expenditures

Governing Body
Administration
Finance and Human Resources
Legal
Public Facilities
Information Technology
Police
Fire
Inspections
Ocean Rescue
Streets & Highways
Sanitation
Environmental Protection
Community Development
Communications & Special Events
Transfers
Contingency
Total Expenditures
$154,751
$427,390
$251,261
$65,460
$669,029
$178,111
$2,238,842
$2,060,851
$253,479
$764,500
$137,634
$1,442,775
$845,604
$391,069
$511,405
$1,348,855
$95,251
$11,842,599

Section 2: Beach Nourishment Capital Reserve Fund

Beach Nourishment Capital Reserve Fund Revenues

Transfer from General Fund (MSD Tax Revenue)
Transfer from General Fund (Restricted Sales Tax Revenue)
Fund Balance Appropriated
Total Revenues
$1,012,675
$336,180
$0
$1,348,855

Beach Nourishment Capital Reserve Fund Expenditures

Transfer to General Fund
Reserved for Future Expenditures
Total Expenditures
$496,764
$852,091
$1,348,855

Drew Havens, Town Manager