Budget Summary — Agenda

2025 BUDGET SUMMARY FOR TOWN OF EGG HARBOR The following is a summary of the 2025 budget for the Town of Egg Harbor as proposed by the Town Board. The complete breakdown of the summary is available for inspection in the office of the Town Clerk -Treasurer during regular office hours. (Monday thru Thursday, 8:30 – 4:00pm at the Town Ha ll) The complete breakdown of the summary is also posted at the Town Hall, JP Express Convenience Store, and the town website; townofeggharbor.org. A Public Hearing on the proposed budget will be held at 5:30pm, November 18, 2024 at the Town Hall, 5242 Cty Trunk I. At that time residents and or taxpayers of the town shall have the opportunity to be heard on the proposed budget. __________________________________________________________________________________________ GENERAL FUND PROPOSED 2024 PROPOSED 2025 % CHANGE EXPENDITURES: GENERAL GOVERNMENT ADMINISTRATION 278,150.00 274,186.00 TOWN HALL 54,568.00 40,568.00 STREET LIGHTING 4,200.00 4,200.00 FIRE DEPARTMENT 140,802.00 278,052.50 PUBIC WORKS: ROADS 499,153.00 499,453.00 HEALTH & HUMAN SERVICES CEMETERY 2,542.00 3,469.00 CULTURE, RECREATION & EDUCATION BALL FIELDS 32,767.00 12,766.50 CONSERVATION & DEVELOPMENT RECYCLING 18,000.00 25,000.00 DEBT SERVICES .00 225,172.29 CAPITAL OUTLAY FUTURE CAPITAL 200,000.00 132,050.52 TOTAL EXPENDITURES 1,230,182.00 1,494,917.81 REVENUES TAXES: TOWN LEVY 526,957.00 759,875.29 44.20% STATE REVENUE SHARING 72,024.00 73,583.00 HIGHWAY AIDE 154,362.00 154,361.64 FIRE AIDE/Joint Fire Aid 27,000.00 34,000.00 LICENSE & PERMITS 20,000.00 20,000.00 INTEREST EARNED 6,000.00 8,000.00 RENTAL TOWN HALL 1,500.00 1,500.00 MOBILE HOME FEES 1,200.00 1,500.00 RECYCLING REVENUE 450.00 250.00 EXEMPT COMPUTER AID 151.00 150.00 TOURISM ZONE ROOM TAX 250,000.00 250,000.00 JOINT INTEREST (Town share) 250.00 300.00 GRANTS 9,000.00 191,397.88 TRANSFER FUND BAL. TOWN 161,288.00 .00 TOTAL REVENUES 1,230,182.00 1,494,917.81 21.52% Estimated end of year Undesignated Fund Balance: 351,500.00 Estimated end of year balance in State Investment Pool: 1,232,437.60 Pam Krauel, Clerk-Treasurer