Ordinance 04-2024 - FY25 Budget- Approved

AN ORDINANCE for the purpose of adopting a budget for the Town of Centreville for Fiscal Year 2025. WHEREAS, by virtue of the power and authority contained in Section 506 of the Charter of the Town of Centreville, NOW THEREFORE BE IT ENACTED AND ORDAINED by the Town Council of Centreville as below and attached:

SECTION I:

The summary of revenues and expenditures are attached hereto as Exhibit A, pursuant to Section 506 of the Town Charter, shall be the budget for Fiscal Year 2024, from July 1, 2024 to June 30, 2025.

SECTION II:

The tax rate levied for Fiscal Year 2025 shall be $0.535 per $100 of assessed value and the public utility tax rate for Fiscal Year 2025 shall be $13.00 per $100 of assessed value and is incorporated in the attached document which constitutes the budget.

WHEN EFFECTIVE:

This Ordinance shall take effect and be in full force, effective July 1, 2024.