RESOLUTION

OF THE

COUNCIL

No: 2025-8

RESOLVED:

For the purpose of meeting funding requirements of specific General Fund accounts in the FY2025 Approved Budget, the General Fund as presented in Attachments B – December 31, 2024 are hereby approved.

This resolution shall take effect upon its passage.

FEBRUARY 18, 2025

READ AND PASSED IN COUNCIL

Wendy J. W. Marshall, MMC
Town Clerk

TOWN OF MIDDLETOWN
TOWN OF MIDDLETOWN GENERAL FUND BUDGET ADJUSTMENTS

ATTACHMENT B - December 31, 2024

In accordance with Town Charter and Town Ordinance, adjustments to the FY 2025 budget ordinance are approved as follows:

General Fund expenditures -
Information Technology increase by 397,510
Planning increase by 203,140
Police increase by 301,458
Public Works increase by 896,897
Library increase by 5,942
Community Outreach increase by 50,000
Public Safety Grants increase by 10,555
Public Works Grants increase by 80,000
Non-Department Specific decrease by 204,760

General Fund Capital Improvements -
Capital Improvements-Police increase by 210,514
Capital Improvements-Public Works increase by 227,725

General Fund revenues -
Other Revenue from Local Sources increase by 10,555
Fund Transfers In increase by 1,267,140
Town Use of Fund Balance increase by 545,120
Proceeds from Capital Leases increase by 270,224
Restricted Grants-in-Aid State Sources increase by 85,942

General Fund Expenditures General Fund Revenues Net Budget Adjustments
Dr Cr Dr Cr
$2,383,741 $204,760 $0 $2,178,981
$2,178,981 $2,178,981 $0

TOWN OF MIDDLETOWN

FY2025 BUDGET ADJUSTMENT WORKSHEET - GENERAL FUND

As of December 31, 2024

1. Revenue - Proceeds from Capital Leases $0 | $0 | (59,710) | ($59,710) | Increase to fund software license for police taser |
2. Revenue - Appropriation from PPV SRF ($1,112,382) ($1,112,382) (337,800) ($1,450,182) Munis Implementation carried forward from FY24 Expenses did not occur in FY24 for Dunlap Wheeler Park Design |
3. Revenue - Appropriation from Tax Increment Financing Fd ($150,000) ($150,000) (39,140) ($189,140) Expenses did not occur in FY24 but services were procured for Comprehensive Plan Update |
4. Revenue - Budgeted Use of Fund Balance ($10,000) ($10,000) (164,000) ($174,000) Portable Radios for School Department |
5. Revenue - Appropriation from Rescue Wagon SRF ($574,804) ($574,804) (38,798) ($613,602) Taser Program |
6. Revenue - Proceeds from Capital Leases $0 | (59,710) (210,514) (270,224) Paving and Utility Repair Project |
7. Revenue - Appropriation from CIP SRF ($1,789,437) ($1,789,437) (515,777) ($2,305,2

TOWN OF MIDDLETOWN
FY2025 BUDGET ADJUSTMENT WORKSHEET - GENERAL FUND
As of December 31, 2024

ATTACHMENT B
Account Description Approved Budget Current Budget Adjustment To Budget Amended Budget Explanation
1 Expense - Police- Capital Improvement - Vehicles $0 $0 $10,555 $10,555 Stanton Grant received for cruiser equipment for K9
2 Expense - Non Department Specific - Severance $0 $0 $57,900 $57,900 Serverance for employees who have resigned/retired
3 Expense - Police - Salaries $3,638,425 $3,638,425 $196,438 $3,834,863 Settled collective bargaining agreement between the Town and FOP
3 Expense - Police - Holiday $165,609 $165,609 $22,100 $187,709 Settled collective bargaining agreement between the Town and FOP
3 Expense - Police - Longevity $213,807 $213,807 $9,100 $222,907 Settled collective bargaining agreement between the Town and FOP
3 Expense - Police - Overtime-Regular $67,944 $67,944 $21,100 $89,044 Settled collective bargaining agreement between the Town and FOP
3 Expense - Police - Health Insurance $590,042 $590,042 ($14,637) $575,405 Settled collective bargaining agreement between the Town and FOP
3 Expense - Police - MERS $264,324 $264,324 $13,083 $277,407 Settled collective bargaining agreement between the Town and FOP
3 Expense - Police - FICA $341,044 $341,044 $12,543 $353,