| NOTE: This file has several worksheets | ||||||||||
| Annual Operating Expenses | ||||||||||
| FY2009[1] | FY2010 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | FY2018 | |
| Town Budget | ||||||||||
| Mayor and Town Council | $85,600 | $86,600 | $87,640 | $88,722 | $100,140 | $101,310 | $102,526 | $103,792 | $117,150 | $118,518 |
| Town Attorney | $548,891[2] | $449,631 | $593,681 | $486,321 | $505,774 | $526,005 | $547,045 | $722,304 | $591,684 | $615,351 |
| Administration & Finance | $6,942,700 | $7,220,409 | $7,509,225 | $7,809,594 | $8,121,978 | $8,446,857 | $8,784,731 | $9,136,120 | $9,501,565 | $9,881,628 |
| Planning & Zoning | $1,891,352 | $1,967,006 | $2,045,686 | $2,127,513 | $2,212,614 | $2,301,119 | $2,393,163 | $2,488,890 | $2,588,445 | $2,691,983 |
| Parks & Recreation | $2,345,411[3] | $2,432,100 | $2,522,186 | $2,615,811 | $2,713,125 | $2,814,284 | $2,919,450 | $3,028,794 | $3,142,493 | $3,260,734 |
| Infrastructure | $4,030,498[4] | $4,235,444 | $4,450,810 | $4,677,128 | $4,914,953 | $5,164,872 | $5,427,499 | $5,703,479 | $5,993,494 | $6,298,254 |
| Cultural | $3,053,943 | $3,176,101 | $3,303,145 | $3,435,271 | $3,572,681 | $3,715,589 | $3,864,212 | $4,018,781 | $4,179,532 | $4,346,713 |
| Community Coordination | $371,646 | $387,523 | $404,118 | $421,466 | $439,604 | $458,572 | $478,412 | $499,168 | $520,886 | $543,616 |
| Contributions to Reserves (RA Only) | $986,651 | $1,026,117 | $1,067,162 | $1,109,849 | $1,154,243 | $1,200,412 | $1,248,429 | $1,298,366 | $1,350,301 | $1,404,313 |
| Total | $20,256,693 | $20,980,930 | $21,983,652 | $22,771,674 | $23,735,112 | $24,729,019 | $25,765,468 | $26,999,694 | $27,985,550 | $29,161,111 |
| Residual RA Budget | ||||||||||
| Covenants Administration | $1,087,909 | $1,131,426 | $1,176,683 | $1,223,750 | $1,272,700 | $1,323,608 | $1,376,552 | $1,431,614 | $1,488,879 | $1,548,434 |
| Total for Town and RA | ||||||||||
| $21,344,603 | $22,112,356 | $23,160,335 | $23,995,424 | $25,007,812 | $26,052,627 | $27,142,020 | $28,431,308 | $29,474,428 | $30,709,545 | |
| Status Quo Budget | ||||||||||
| RA Budget (Estimated)[5] | $11,987,587 | $12,467,090 | $12,965,774 | $13,484,405 | $14,023,781 | $14,584,732 | $15,168,122 | $15,774,847 | $16,405,840 | $17,062,074 |
| RCC Budget (Estimated)[6] | $7,263,420 | $7,553,956 | $7,856,115 | $8,170,359 | $8,497,174 | $8,837,060 | $9,190,543 | $9,558,165 | $9,940,491 | $10,338,111 |
| Total | $19,251,006 | $20,021,047 | $20,821,889 | $21,654,764 | $22,520,955 | $23,421,793 | $24,358,665 | $25,333,011 | $26,346,332 | $27,400,185 |
| Incremental Cost of Town before Taxes | $2,093,596 | $2,091,309 | $2,338,446 | $2,340,660 | $2,486,858 | $2,630,834 | $2,783,356 | $3,098,297 | $3,128,097 | $3,309,360 |
| Approx. Tax Savings (35% of RA Assessment - (Covenants Administration - Covenants Fees) | $2,518,875 | $2,633,888 | $2,670,033 | $2,666,981 | $2,773,660 | $2,884,607 | $2,999,991 | $3,119,991 | $3,244,790 | $3,374,582 |
| Incremental Cost of Town after Taxes | ($425,279) | ($542,579) | ($331,586) | ($326,321) | ($286,803) | ($253,772) | ($216,635) | ($21,694) | ($116,693) | ($65,222) |
| Check | $803,893 | $799,451 | $792,678 | $783,362 | $771,274 | $756,171 | $737,792 | $715,857 | $690,069 | $660,109 |