Revenue - Proposed FY26 Budget

Account #	Description	Actuals FY2022	Actuals FY2023	Actuals FY2024	Budget FY2025	YTD 2/28/25 Actuals	Proposed Budget FY26
TAXES
400.100	Real Estate Taxes $.5799 / $.75	3,970,621	4,093,414	4,587,647	5,277,679	5,260,580	5,582,003
400.105	TPP Utilities	140,675	145,886	155,746	155,000	168,630	175,000
400.110	TPP Business	423,427	374,945	277,697	315,000	335,661	350,000
400.115	Local Income Taxes	1,050,010	1,219,096	1,315,638	1,100,000	836,438	1,215,000
400.120	Hotel/Motel Tax	109,268	131,565	88,586	110,000	78,932	110,000
400.125	Highway User	262,499	245,091	298,754	337,100	93,314	373,620
400.130	Bank Stock Tax	0	0	1,340	1,300	0	1,340
600.135	Liens	0	0	220	0	0	0
Subtotal		5,956,500	6,209,997	6,725,628	7,296,079	6,773,555	7,806,963
LICENSES & PERMITS
410.100	Traders Licenses	25	0	26	100	0	0
410.105	Building Permits	4,910	56,052	8,848	2,000	1,998	2,000
410.110	Town Business Licenses	3,350	80	1,736	1,000	1,260	1,000
410.115	Rental Housing Licenses	4,167	64,490	66,000	65,000	59,310	65,000
410.120	Cable Television - Franchie Fees	103,839	83,147	77,632	86,000	56,781	86,000
410.125	Cable Television - PEG	41,800	30,157	28,903	30,000	6,833	30,000
Subtotal		158,091	233,926	183,145	184,100	126,182	184,000
INTERGOVERNMENTAL
420.105	Program Open Space (POS)	0	0	98,020	150,000	0	150,000
420.110	Disposal Fee Rebate	18,840	18,840	18,840	18,840	0	18,840
420.115	Police Protection	107,532	134,115	115,925	134,000	58,838	110,000
420.116	State Grant Boyds Park	0	0	0	214,729	0	0
420.120	Misc. Grants	8,000	181,400	0	0	39,750	0
460.135	General Assembly Bond Bill Funds	0	0	0	1,400,000	0	1,400,000
460.140	Federal Earmark	0	0	0	1,688,000	706,971	1,688,000
460.130	State Earmark	0	0	0	500,000	0	500,000
420.150	ARPA Funds			1,991,569	0	0	0
420.155	Asphalt - CDBG	0	0	258,343	0	0	0
420.160	Stormwater - MOU	0	0	0	0	0	0
Subtotal		134,372	334,355	2,482,697	4,105,569	805,559	3,866,840