Budget and Financial Information

This page provides a single place for information and links relating to the Town of Duck’s budget and financial information. The Town of Duck’s fiscal year runs July 1st to June 30th.

Questions related to this information should be directed to Town Manager Drew Havens at 252-255-1234 or dhavens@townofduck.com.

Adopted Fiscal Year 2024 – 2025 Budget

At the June 5, 2024 Town Council meeting, Council adopted the FY24-25 Budget.

Click here for the approved budget document for FY24-25.

Click here for the one page budget summary.

Click here for the Budget Presentation from June 5, 2024.

Town Council met on April 17, 2024 to discuss the proposed budget. Below is a discussion summary. The recorded meeting available for viewing on our Youtube channel as linked below. Click here for a PDF of the presentation.

Discussion of FY2024-2025 Budget:

  • Updated the Workers Compensation insurance rates to reflect the renewal rate quote received
  • Increased the Merit Pool from 5% to 6%             
  • Corrected the contract cost, in Police, for the Flock ALPR system ($2,880)
  • Restored the previously cut Vehicle Telematics/AVL in Police ($5,000)
  • Increased the number of sets of turnout gear to replace from 2 to 3 in Fire ($5,000)
  • Deferred the Playground Equipment to a future year ($62,500)
  • Deferred the second phase of the Irrigation Replacement System upgrade to a future year ($10,000)
  • Deferred the replacement of Big Belly Trash/Recycling set to a future year ($8,600 – this was incorrectly shown as $5,000 yesterday)
  • Due to an error in the Big Belly cost, $2,000 was added to the Public Safety Building repair line to allow for additional work to be done this year
  • Reduced funding for streetlight replacement by $3,000
  • Increased Contingency by $17,806 to align with policy
  • Increased the Ad Valorem tax rate from $0.22 to $0.25

Adopted Fiscal Year 2023- 2024 Budget

This is the adopted budget for FY 2023- 2024.

For a handout of summarized budget information, please click here.

Financial Statements

January 2024
February 2024
March 2024

Adopted Fiscal Year 2023 Budget
July 1, 2022 – June 30, 2023

Budget Amendments

Audits

Audits are provided when completed. Until an audit is completed, the documents for that year will be posted in the “Previous Year” section of this page.