36 / 116
34
Greetings from the Treasurer;
In this year’s town report I’ve included a couple of charts; a 5-YEAR tax assessment table and the chart
below showing the various operating expenses as a percent to total operating costs. The town’s revenues
in 2014 are comparable and actually better than in 2013 even with the reduction in our State Revenue
Sharing. Our expenses were up 5%primarily as a result of an increase in public safety expenses, paying 20%
of the county’s 6-month transitional budget and some additional capital expenditures. These included the
purchase of the new ambulance for rescue, a tanker/pumper for fire, and a new pick-up truck for public
works. Our fund balance remains strong at $2,646,172, an increase of $255,826 from 2013. The complete
post-audit report for the fiscal year ending June 30, 2014, is on file at the municipal office. As always, please
feel free to contact me or stop in if you should have any questions.
Respectfully submitted,
Charisse A. Keach
Town Treasurer
Town Treasurer’s Report
(July 1, 2013 - June 30, 2014)
Education, 52.3%
Recreation &
Culture, 0.6%
Health &Welfare,
5.8%
Public Safety,
14.7%
General
Government
11.6%
Public
Works
7.3%
County Tax 3.8%
Community Services .2%
Capital Outlay, 2.4%
Debt Service, 1.2%
General Government includes town office administration, voter registration, and code enforcement. Public
Safety represents our police, dispatch, fire, rescue, and other public safety. Recreation and Culture includes our
parks, libraries, and cemeteries. Community Services represents non-profit agency funding.
GENERAL FUND EXPENDITURES - 2014