CCW Packet

CITY OF DOVER, DELAWARE COUNCIL COMMITTEE OF THE WHOLE MEETING Tuesday, October 11, 2022 at 6:00 PM City Hall Council Chambers, 15 Loockerman Plaza, Dover, Delaware AGENDA Public comments are welcomed on any item and will be permitted at the appropriate time. When possible, please notify the City Clerk (302-736-7008 or email at cityclerk@dover.de.us) should you wish to be recognized. VIRTUAL MEETING NOTICE This meeting will be held in City Hall Council Chambers with electronic access via WebEx. Public participation information is as follows: Dial: 1-650-479-3208 Link: https://rb.gy/b1179b Event number: 2531 092 8867 Event password: DOVER (if needed) If you are new to WebEx, get the app now at https://www.webex.com/ to be ready when the meeting starts. CALL COUNCIL COMMITTEE OF THE WHOLE MEETING TO ORDER PARKS, RECREATION, AND COMMUNITY ENHANCEMENT COMMITTEE ADOPTION OF THE AGENDA MAYOR AND COUNCIL REPORTS 1. Council President 2. First District 3. Second District 4. Third District 5. Fourth District 6. At- Large 7. Mayor Christiansen ADJOURNMENT OF THE PARKS, RECREATION, AND COMMUNITY ENHANCEMENT COMMITTEE MEETING 1

COUNCIL COMMITTEE OF THE WHOLE MEETING - October 11, 2022 PAGE 2 LEGISLATIVE, FINANCE, AND ADMINISTRATION COMMITTEE ADOPTION OF THE AGENDA 1. Project Carry-Forward Budget Balances/Proposed Ordinance #2022-18 - Budget Amendments (Lori Peddicord - Controller/Treasurer) (Staff recommendation: approval of the Proposed Budget Amendment for the Fiscal Year 2023 and adoption of Proposed Ordinance #2022-18) 2. Tax Increment Financing (TIF) (David S. Hugg, III, City Manager and Leslie Smallwood- Lewis, COO Mosaic Development Partner JV, LLC) (Staff recommendation: Identify TIF District, refer to staff to draft a Proposed Ordinance) ADJOURNMENT OF THE LEGISLATIVE, FINANCE, AND ADMINISTRATION COMMITTEE MEETING ADJOURNMENT OF THE COUNCIL COMMITTEE OF THE WHOLE THE AGENDA ITEMS AS LISTED MAY NOT BE CONSIDERED IN SEQUENCE. PURSUANT TO 29 DEL. C. §10004(e)(2), THIS AGENDA IS SUBJECT TO CHANGE TO INCLUDE THE ADDITION OR THE DELETION OF ITEMS, INCLUDING EXECUTIVE SESSIONS, WHICH ARISE AT THE TIME OF THE MEETING 2

Item 1. ACTION FORM PROCEEDING: Council Committee of the Whole DEPARTMENT OF ORIGIN: City Manager’s Office DATE SUBMITTED: 10/04/22 PREPARED BY: Jeffrey Dill, Budget Analyst SUBJECT: Project Carry-Forward Budget Balances & Proposed Budget Amendments REVIEWED BY: Lori Peddicord, Controller/Treasurer APPROVALS: Council Committee of the Whole EXHIBITS: Exhibit A – Capital Investment Plan Amendments EXPENDITURE REQUIRED: As per the attached Exhibit & Draft Ordinance AMOUNT BUDGETED: N/A TIMETABLE: Upon Council approval RECOMMENDED ACTION: Staff recommends approval of the proposed Carry Forward Budget Amendment totaling $29,775,435 for Fiscal Year 2023. The proposed budget amendment includes adjustments to the Capital Project budgets (see Exhibit A) and a few adjustments needed to the operating budgets. Also, note revenue adjustments are also included for projects that have carried over and had debt financing or reserve fund appropriations The items above along with the Capital Project carry forward balances total $29,775,435 as follows: Fund Budget Balance Adjustment General Fund $67,600 Governmental – Capital Projects Fund 5,742,300 Water – Capital Projects Fund 1,480,000 Wastewater Fund 2,500 Wastewater – Capital Projects Fund 326,100 Electric Fund 42,200 Electric – Capital Projects Fund 19,227,700 Library Grant 178,680 CDBG 303,630 ARPA Grant 2,404,725 Total $29,775,435  Governmental – Capital Projects include $152,000 worth of newly realized revenue CT Grant for Emergency Vehicle & AARP grant for Bicycle Hub.  Water – Capital Projects include $746,400 in Impact Fee Revenue.  Electric – Capital Projects includes carried forward Revenues in the amount of $15,625,000 ($6,821,900 from Grant and/or Bond/Loan borrowing for EE2215; $7,999,900 from Depreciation Reserve EG2203; & $803,200 from Depreciation Reserve EG2102 3

Item 1. CITY OF DOVER ORDINANCE # 2022-18 2022-2023 BUDGET ORDINANCES 1 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL MET: 2 The amount hereinafter named aggregating Fifty-Six Million One Hundred Fifty-One Thousand Nine 3 Hundred dollars ($56,151,900) or so much thereof as may be necessary are hereby appropriated 4 from current revenues and other funds for the use by several departments of the Municipal 5 Government for the fiscal year beginning July 1, 2022 and ending June 30, 2023: 6 GENERAL FUND 7 CASH RECEIPT SUMMARY FOR 2022-2023 8 2022/23 2022/23 9 APPROVED REVISED W/CF 10 BEGINNING BALANCE $ 10,077,500 $ 10,077,500 11 RECEIPTS 12 FINES AND POLICE REVENUE 610,100 610,100 13 LIBRARY REVENUES 103,100 103,100 14 KENT COUNTY BOOK REIMBURSEMENT 200,000 200,000 15 BUSINESS LICENSES 1,450,000 1,450,000 16 PERMITS AND OTHER FEES 1,383,000 1,383,000 17 POLICE EXTRA DUTY 240,000 240,000 18 PROPERTY TAXES 15,825,000 15,825,000 19 RECREATION REVENUE 129,000 129,000 20 FRANCHISE FEE 600,000 600,000 21 SANITATION FEES 3,564,200 3,564,200 22 RENT REVENUE - GARRISON FARM 110,000 110,000 23 COURT OF CHANCERY FEES 1,500,000 1,500,000 24 INVESTMENT INCOME 85,000 85,000 25 RECEIPTS SUBTOTAL 25,799,400 25,799,400 26 INTERFUND SERVICE RECEIPTS 27 INTERFUND SERVICE RECEIPTS GENERAL GOV 1,472,200 1,472,200 28 INTERFUND SERVICE RECEIPTS PUBLIC WORKS 674,900 674,900 29 INTERFUND SERVICE RECEIPTS CENT SRVCS 1,013,500 1,013,500 30 INTERFUND SERVICE RECEIPTS FIN ADMIN 3,020,800 3,020,800 31 INTERFUND SERVICE RECEIPTS SUBTOTAL 6,181,400 6,181,400 32 GRANTS: 33 POLICE EXTRA DUTY 165,000 165,000 34 POLICE GRANTS FUND 287,500 287,500 35 POLICE PENSION GRANT 500,000 500,000 36 GREEN ENERGY GRANT 98,500 98,500 37 MISC STATE GRANT REVENUE - 67,600 38 GRANTS SUBTOTAL 1,051,000 1,118,600 39 TRANSFERS FROM: 40 TRANSFER TAX 1,800,000 1,800,000 41 MUNICIPAL STREET AID 750,000 750,000 42 CIVIL TRAFFIC PENALTIES 400,000 400,000 43 WATER/WASTEWATER 2,000,000 2,000,000 44 ELECTRIC 8,000,000 8,000,000 45 OTHER RESERVES 25,000 25,000 46 TRANSFERS FROM SUBTOTAL 12,975,000 12,975,000 47 TOTAL REVENUES 46,006,800 46,074,400 48 TOTAL BEGINNING BALANCE & REVENUE $ 56,084,300 $ 56,151,900 4 1

Item 1. 49 2022-2023 BUDGET ORDINANCES 50 GENERAL FUND - EXPENDITURES AND BUDGET BALANCE FOR 2022-2023 51 2022/23 2022/23 52 DEPARTMENT EXPENSES APPROVED REVISED W/CF 53 CITY CLERK $ 379,300 $ 379,300 54 COUNCIL 256,800 256,800 55 PLANNING 757,600 757,600 56 CITY MANAGER 1,251,200 1,251,200 57 HUMAN RESOURCES 488,300 488,300 58 MAYOR 234,400 234,400 59 FIRE 724,000 724,000 60 LIFE SAFETY 594,700 594,700 61 CODE ENFORCEMENT 821,300 821,300 62 INSPECTIONS 758,200 758,200 63 POLICE 19,206,200 19,206,200 64 POLICE EXTRA DUTY 405,000 405,000 65 PUBLIC WORKS - ADMINISTRATION 541,800 541,800 66 STREETS 674,800 674,800 67 SANITATION 2,801,100 2,801,100 68 GROUNDS MAINTENANCE 1,611,100 1,611,100 69 STORMWATER 864,900 864,900 70 FACILITIES MANAGEMENT 844,200 844,200 71 PUBLIC WORKS - ENGINEERING 188,700 188,700 72 LIBRARY 1,916,500 1,916,500 73 RECREATION 1,341,300 1,341,300 74 PROCUREMENT & INVENTORY 754,800 754,800 75 FLEET MAINTENANCE 941,100 941,100 76 INFORMATION TECHNOLOGY 832,700 832,700 77 FINANCE 1,109,500 1,109,500 78 CUSTOMER SERVICE 1,393,300 1,393,300 79 DEPARTMENT SUBTOTALS 41,692,800 41,692,800 80 OTHER EXPENSES 81 DEBT SERVICE 630,000 630,000 82 CONTRIBUTION TO DDP 150,000 150,000 83 INSURANCE 950,000 950,000 84 RETIREES HEALTH CARE 2,328,500 2,328,500 85 OTHER EMPLOYMENT EXPENSES 514,400 514,400 86 BANK & CREDIT CARD FEES 36,000 36,000 87 STREET LIGHTS 810,000 810,000 88 EMERGENCY STORM EXPENSE 150,000 150,000 89 OTHER EXPENSE SUBTOTAL 5,568,900 5,568,900 90 TRANSFERS 91 TRANSFER TO CAPITAL FUND - PROJECTS 3,536,500 3,554,600 92 APPROP. POLICE PENSION - STATE GRANT 500,000 500,000 93 APPROP. TO TE GENERAL PENSION FUND 1,000,000 1,000,000 94 TRANSFER TO ELECTRIC FUND (ERP) 25,000 25,000 95 TRANSFER TO INVENTORY WRITE-OFFS 25,000 25,000 96 TRANSFERS SUBTOTAL 5,086,500 5,104,600 97 TOTAL EXPENDITURES 52,348,200 52,366,300 98 CURRENT YEAR BALANCE 3,736,100 3,785,600 99 TOTALS $ 56,084,300 $ 56,151,900 100 The City Manager is hereby authorized, without further approval of the City Council, to make 101 interdepartmental transfers of up to five percent of the amount hereinafter appropriated to any 102 department with the exception of any transfers prohibited by City Procedure #F306. 5 2

103 CITY OF DOVER ORDINANCE # 2022-18 Item 1. 104 GOVERNMENTAL CAPITAL PROJECTS FUND 105 REVENUES AND BUDGET FOR 2022-2023 106 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL MET: 107 The amount hereinafter named aggregating Twelve Million Eight Hundred and Five Thousand Two Hundred 108 dollars ($12,805,200) or so much thereof as may be necessary are hereby appropriated from current 109 revenues and other funds for the use by several departments of the Municipal Government for the fiscal 110 year beginning July 1, 2022 and ending June 30, 2023: 111 REVENUES 112 2022/23 2022/23 113 APPROVED REVISED W/CF 114 BEGINNING BALANCE - PROJECTS $ 463,900 $ 6,054,200 115 REVENUES 116 STATE GRANTS - Other 1,452,500 1,604,500 117 TRANSFER FROM GENERAL FUND 3,536,500 3,536,500 118 TRANSFER FROM PARKLAND RESERVE 1,045,000 1,045,000 119 TRANSFER FROM CAPITAL ASSET RESERVE 290,000 290,000 120 TRANSFER FROM LODGING TAX 275,000 275,000 121 SUBTOTAL PROJECT RECEIPTS 6,599,000 6,751,000 122 TOTAL FUNDING SOURCES 6,599,000 6,751,000 123 TOTAL BEGINNING BALANCE AND REVENUES $ 7,062,900 $ 12,805,200 124 EXPENSE SUMMARY 125 2021/22 2022/23 126 EXPENDITURES APPROVED REVISED W/CF 127 FIRE $ 360,800 $ 507,100 128 GROUNDS 93,900 163,100 129 LIBRARY - 38,500 130 RECREATION 1,940,000 1,945,700 131 CODE ENFORCEMENT 25,300 25,300 132 INSPECTIONS - 29,700 133 POLICE 858,200 1,352,000 134 STREETS 128,000 2,273,500 135 STORMWATER 1,865,700 3,206,600 136 SANITATION 527,000 1,225,400 137 INFORMATION TECHNOLOGY 153,100 160,600 138 FACILITIES MANAGEMENT 200,000 966,800 139 PROCUREMENT & INVENTORY 172,000 172,000 140 TOTAL EXPENDITURES 6,324,000 12,066,300 141 BUDGET BALANCE 738,900 738,900 142 TOTAL BUDGET BALANCE & EXPENDITURES $ 7,062,900 $ 12,805,200 $ 5,742,300 143 The City Manager is hereby authorized, without further approval of the City Council, to make 144 interdepartmental transfers of up to five percent of the amount hereinafter appropriated to any 145 department with the exception of any transfers prohibited by City Procedure #F306. 6 3

146 CITY OF DOVER ORDINANCE # 2022-18 Item 1. 147 GENERAL FUND CONTINGENCY 148 CASH RECEIPTS/REVENUES AND BUDGET FOR 2022-2023 149 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL MET: 150 The amount hereinafter named aggregating Seven Hundred Fifty-Three Thousand Five Hundred dollars ($753,500) 151 or so much thereof as may be necessary are hereby appropriated from current revenues and other funds for the 152 use by several departments of the Municipal Government for the fiscal year beginning July 1, 2022 and ending 153 June 30, 2023: 154 CASH RECEIPTS 155 2022/23 2022/23 156 APPROVED REVISED W/CF 157 BEGINNING BALANCE $ 740,500 $ 740,500 158 INTEREST EARNED 13,000 13,000 159 TOTALS $ 753,500 $ 753,500 160 EXPENSE SUMMARY 161 2022/23 2022/23 162 APPROVED REVISED W/CF 163 CARRY FORWARD TO NEXT YEAR $ 753,500 $ 753,500 164 TOTALS $ 753,500 $ 753,500 165 The City Manager is hereby authorized, without further approval of the City Council, to make 166 interdepartmental transfers of up to five percent of the amount hereinafter appropriated to any 167 department with the exception of any transfers prohibited by City Procedure #F306. 7 4

168 CITY OF DOVER ORDINANCE # 2022-18 Item 1. 169 GOVERNMENTAL CAPITAL ASSET RESERVE 170 CASH RECEIPTS/REVENUES AND BUDGET FOR 2022-2023 171 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL MET: 172 The amount hereinafter named aggregating One Million Six Hundred Thirty-Nine Thousand Nine Hundred 173 dollars ($1,639,900) or so much thereof as may be necessary are hereby appropriated from current 174 revenues and other funds for the use by several departments of the Municipal Government for the fiscal 175 year beginning July 1, 2022 and ending June 30, 2023: 176 CASH RECEIPTS 177 2022/23 2022/23 178 APPROVED REVISED W/CF 179 BEGINNING BALANCE $ 1,619,900 $ 1,619,900 180 INTEREST EARNINGS 20,000 20,000 181 TOTALS $ 1,639,900 $ 1,639,900 182 EXPENSE SUMMARY 183 2022/23 2022/23 184 APPROVED REVISED W/CF 185 TRANSFER TO GOVERNMENTAL CAPITAL PROJECTS FUND $ 290,000 $ 290,000 186 CARRY FORWARD TO NEXT YEAR 1,349,900 1,349,900 187 TOTALS $ 1,639,900 $ 1,639,900 188 The City Manager is hereby authorized, without further approval of the City Council, to make 189 interdepartmental transfers of up to five percent of the amount hereinafter appropriated to any 190 department with the exception of any transfers prohibited by City Procedure #F306. 8 5

CITY OF DOVER ORDINANCE # 2022-18 Item 1. 191 192 PARKLAND/RECREATION RESERVE 193 CASH RECEIPTS/REVENUES AND BUDGET FOR 2022-2023 194 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL MET: 195 The amount hereinafter named aggregating One Million Four Hundred and Three Thousand One Hundred dollars 196 ($1,403,100) much thereof as may be necessary are hereby appropriated from current revenues and other 197 funds for the use other funds for the use by several departments of the Municipal Government for the 198 fiscal year beginning July 1, 2022 and ending June 30, 2023: 199 OPERATING REVENUES 200 2022/23 2022/23 201 APPROVED REVISED W/CF 202 BEGINNING BALANCE $ 1,403,100 $ 1,403,100 205 TOTALS $ 1,403,100 $ 1,403,100 206 OPERATING EXPENSES 207 2022/23 2022/23 208 APPROVED REVISED W/CF 209 TRANSFER TO GOVERNMENTAL CAPITAL PROJECTS FUND $ 1,045,000 $ 1,045,000 210 CURRENT YEAR BALANCE 358,100 358,100 211 TOTALS $ 1,403,100 $ 1,403,100 212 The City Manager is hereby authorized, without further approval of the City Council, to make 213 interdepartmental transfers of up to five percent of the amount hereinafter appropriated to any 214 department with the exception of any transfers prohibited by City Procedure #F306. 9 6

215 CITY OF DOVER ORDINANCE # 2022-18 Item 1. 216 WATER FUND 217 REVENUES AND BUDGET FOR 2022-2023 218 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL MET: 219 The amount hereinafter named aggregating Eight Million Eight Hundred Twenty-Three Thousand Two 220 Hundred dollars ($8,823,200) or so much thereof as may be necessary are hereby appropriated from 221 current revenues and other funds for the use by several departments of the Municipal Government for 222 the fiscal year beginning July 1, 2022 and ending June 30, 2023: 223 2022/23 2022/23 224 APPROVED REVISED W/CF 225 BEGINNING BALANCE - WATER $ 1,618,200 $ 1,618,200 226 TOTAL BEGINNING BALANCES 1,618,200 1,618,200 227 BASE REVENUE 228 WATER SERVICES 6,500,000 6,500,000 229 WATER TANK SPACE LEASING 425,400 425,400 230 WATER IMPACT FEES 220,000 220,000 231 INTEREST - WATER 7,000 7,000 232 MISCELLANEOUS SERVICE FEE 52,600 52,600 233 TOTAL REVENUES 7,205,000 7,205,000 234 TOTAL BEGINNING BALANCES AND REVENUES $ 8,823,200 $ 8,823,200 10 7

235 2022-2023 BUDGET ORDINANCES Item 1. 236 WATER FUND - EXPENSES AND BUDGET BALANCE FOR 2022-2023 237 2022/23 2022/23 238 DIRECT EXPENSES APPROVED REVISED W/CF 239 ENGINEERING & INSPECTION $ 338,200 $ 338,200 240 WATER DEPARTMENT 690,800 690,800 241 WATER TREATMENT PLANT 2,199,600 2,199,600 242 DIRECT EXPENDITURE SUBTOTAL 3,228,600 3,228,600 243 OTHER EXPENSES 244 DEBT SERVICE - WATER 692,000 692,000 245 RETIREES HEALTH CARE 207,400 207,400 246 OTHER EMPLOYMENT EXPENSES 40,000 40,000 247 INTERFUND SERVICE FEES 1,096,400 1,096,400 248 BANK & CREDIT CARD FEES 27,000 27,000 249 OTHER EXPENSES SUBTOTAL 2,062,800 2,062,800 250 TRANSFER TO: 251 GENERAL FUND FROM WATER 1,000,000 1,000,000 252 WATER IMP AND EXT 920,700 920,700 253 ELECTRIC FUND (ERP) 25,000 25,000 254 TRANSFER TO INVENTORY WRITE-OFFS 5,000 5,000 255 TRANSFER TO SUBTOTAL 1,950,700 1,950,700 256 TOTAL EXPENSES 7,242,100 7,242,100 257 BUDGET BALANCES 258 BUDGET BALANCE WATER 1,581,100 1,581,100 259 BUDGET BALANCE SUBTOTALS 1,581,100 1,581,100 260 TOTAL CURRENT YEAR BALANCES AND EXPENSES $ 8,823,200 $ 8,823,200 261 The City Manager is hereby authorized, without further approval of the City Council, to make 262 interdepartmental transfers of up to five percent of the amount hereinafter appropriated to any 263 department with the exception of any transfers prohibited by City Procedure #F306. 11 8

CITY OF DOVER ORDINANCE # 2022-18 Item 1. 263 264 WATER IMPROVEMENT & EXTENSION FUND 265 CASH RECEIPTS/REVENUES AND BUDGET FOR 2022-2023 266 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL MET: 267 The amount hereinafter named aggregating Seven Million Two Hundred and Two Thousand Six 268 Hundred dollars ($7,202,600) or so much thereof as may be necessary are hereby appropriated 269 from current revenues and other funds for the use by several departments of the Municipal 270 Government for the fiscal year begining July 1, 2022 and ending June 30, 2023: 271 CASH RECEIPTS 272 2022/23 2022/23 273 APPROVED REVISED W/CF 274 BEGINNING BALANCE - WATER $ 4,640,400 $ 5,460,500 275 TOTAL BEGINNING BALANCES 4,640,400 5,460,500 276 REVENUES 277 STATE GRANT - WATER 25,000 25,000 278 TRANS FR OPERATING FUND - WATER 920,700 920,700 279 TRANSFER FR WATER IMPACT FEE - 746,400 279 INTEREST INCOME 50,000 50,000 280 TOTAL REVENUES 995,700 1,742,100 281 TOTAL BEGINNING BALANCES & REVENUES $ 5,636,100 $ 7,202,600 282 EXPENSE SUMMARY 283 2022/23 2022/23 284 EXPENSES APPROVED REVISED W/CF 285 ENGINEERING $ - $ - 286 WATER 797,000 2,113,200 287 WATER TREATMENT PLANT 148,700 312,500 288 TOTAL EXPENSES 945,700 2,425,700 289 BUDGET BALANCE - WATER 4,690,400 4,776,900 290 CURRENT YEAR BALANCE SUBTOTALS 4,690,400 4,776,900 291 TOTAL BUDGET BALANCES & EXPENSES $ 5,636,100 $ 7,202,600 292 The City Manager is hereby authorized, without further approval of the City Council, to make 293 interdepartmental transfers of up to five percent of the amount hereinafter appropriated to any 294 department with the exception of any transfers prohibited by City Procedure #F306. 12 9

295 CITY OF DOVER ORDINANCE # 2022-18 Item 1 296 WASTEWATER FUND 297 REVENUES AND BUDGET FOR 2022-2023 298 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL MET: 299 The amount hereinafter named aggregating Twelve Million and Sixteen Thousand One Hundred 300 dollars ($12,016,100) or so much thereof as may be necessary are hereby appropriated from 301 current revenues and other funds for the use by several departments of the Municipal Government 302 for the fiscal year beginning July 1, 2022 and ending June 30, 2023: 303 2022/23 2022/23 304 APPROVED REVISED W/CF 305 BEGINNING BALANCE - WASTEWATER 1,906,700 1,906,700 306 TOTAL BEGINNING BALANCES 1,906,700 1,906,700 307 BASE REVENUE 308 WASTEWATER SERVICES 4,580,300 4,580,300 309 WASTEWATER TREATMENT SERVICES 3,205,400 3,205,400 310 GROUNDWATER INFLOW ADJUSTMENT 2,137,000 2,137,000 311 WASTEWATER IMPACT FEES 180,000 180,000 312 STATE GRANT - WASTEWATER - 2,500 313 INTEREST - WASTEWATER 4,000 4,000 314 MISCELLANEOUS SERVICE FEE 200 200 315 TOTAL REVENUES 10,106,900 10,109,400 316 TOTAL BEGINNING BALANCES AND REVENUES $ 12,013,600 $ 12,016,100 13 10

317 2022-2023 BUDGET ORDINANCES Item 1. 318 WASTEWATER FUND - EXPENSES AND BUDGET BALANCE FOR 2022-2023 319 2022/23 2022/23 320 DIRECT EXPENSES APPROVED REVISED W/CF 321 ENGINEERING & INSPECTION $ 279,100 $ 279,100 322 WASTEWATER DEPARTMENT 1,175,700 1,175,700 323 DIRECT EXPENDITURE SUBTOTAL 1,454,800 1,454,800 324 OTHER EXPENSES 325 DEBT SERVICE - WASTEWATER 715,000 715,000 326 RETIREES HEALTH CARE 100,500 100,500 327 OTHER EMPLOYMENT EXPENSES 13,000 13,000 328 KENT COUNTY TREATMENT CHARGE 4,850,000 4,850,000 329 INTERFUND SERVICE FEES 841,600 841,600 330 BANK & CREDIT CARD FEES 12,000 12,000 331 OTHER EXPENSES SUBTOTAL 6,532,100 6,532,100 332 TRANSFER TO: 333 GENERAL FUND FROM WASTEWATER 1,000,000 1,000,000 334 WASTEWATER IMP AND EXT 756,400 756,400 335 ELETRIC FUND (ERP) 25,000 25,000 336 TRANSFER TO INVENTORY WRITE-OFFS 5,000 5,000 337 TRANSFER TO SUBTOTAL 1,786,400 1,786,400 338 TOTAL EXPENSES 9,773,300 9,773,300 339 BUDGET BALANCES 340 BUDGET BALANCE WASTEWATER 2,240,300 2,242,800 341 BUDGET BALANCE SUBTOTALS 2,240,300 2,242,800 342 TOTAL CURRENT YEAR BALANCES AND EXPENSES $ 12,013,600 $ 12,016,100 343 The City Manager is hereby authorized, without further approval of the City Council, to make 344 interdepartmental transfers of up to five percent of the amount hereinafter appropriated to any 345 department with the exception of any transfers prohibited by City Procedure #F306. 14 11

CITY OF DOVER ORDINANCE # 2022-18 Item 1. 346 347 WASTEWATER IMPROVEMENT & EXTENSION FUND 348 CASH RECEIPTS/REVENUES AND BUDGET FOR 2022-2023 349 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL MET: 350 The amount hereinafter named aggregating Two Million One Hundred Thirty Six Thousand Seven 351 Hundred dollars ($2,136,700) or so much thereof as may be necessary are hereby appropriated 352 current revenues and other funds for the use by several departments of the Municipal Government 353 for the fiscal year begining July 1, 2022 and ending June 30, 2023: 354 CASH RECEIPTS 355 2022/23 2022/23 356 APPROVED REVISED W/CF 357 BEGINNING BALANCE - WASTEWATER $ 788,600 $ 1,114,700 358 REVENUES 359 TRANS FR OPERATING FUND - WW 756,400 756,400 360 TRANSFER FR WASTEWATER IMPACT FEE 255,600 255,600 361 INTEREST INCOME 10,000 10,000 362 TOTAL REVENUES 1,022,000 1,022,000 363 TOTAL BEGINNING BALANCES & REVENUES $ 1,810,600 $ 2,136,700 364 EXPENSE SUMMARY 365 2022/23 2022/23 366 EXPENSES APPROVED REVISED W/CF 367 ENGINEERING $ - $ - 368 WASTEWATER 1,012,000 1,338,100 369 TOTAL EXPENSES 1,012,000 1,338,100 370 BUDGET BALANCE - WASTEWATER 798,600 798,600 371 CURRENT YEAR BALANCE SUBTOTALS 798,600 798,600 372 TOTAL BUDGET BALANCES & EXPENSES $ 1,810,600 $ 2,136,700 373 The City Manager is hereby authorized, without further approval of the City Council, to make 374 interdepartmental transfers of up to five percent of the amount hereinafter appropriated to any 375 department with the exception of any transfers prohibited by City Procedure #F306. 15 12

CITY OF DOVER ORDINANCE # 2022-18 Item 1. 376 377 WATER CAPITAL ASSET RESERVE 378 CASH RECEIPTS/REVENUES AND BUDGET FOR 2022-2023 379 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL MET: 380 The amount hereinafter named aggregating Five Hundred Eighty-Two Thousand Five Hundred dollars 381 ($582,500) or so much thereof as may be necessary are hereby appropriated from current revenues 382 and other funds for the use by several departments of the Municipal Government for the fiscal year 383 beginning July 1, 2022 and ending June 30, 2023: 384 CASH RECEIPTS 385 2022/23 2022/23 386 APPROVED REVISED W/CF 387 BEGINNING BALANCE - WATER $ 577,500 $ 577,500 388 TOTAL BEGINNING BALANCES 577,500 577,500 389 RECEIPTS 390 INTEREST EARNINGS - WATER 5,000 5,000 391 TOTAL RECEIPTS 5,000 5,000 392 TOTALS $ 582,500 $ 582,500 393 EXPENSE SUMMARY 394 2022/23 2022/23 395 APPROVED REVISED W/CF 396 CURRENT YEAR BALANCE - WATER $ 582,500 $ 582,500 397 CURRENT YEAR BALANCE SUBTOTALS 582,500 582,500 398 TOTALS $ 582,500 $ 582,500 399 The City Manager is hereby authorized, without further approval of the City Council, to make 400 interdepartmental transfers of up to five percent of the amount hereinafter appropriated to any 401 department with the exception of any transfers prohibited by City Procedure #F306. 16 13

CITY OF DOVER ORDINANCE # 2022-18 Item 1. 402 403 WASTEWATER CAPITAL ASSET RESERVE 404 CASH RECEIPTS/REVENUES AND BUDGET FOR 2022-2023 405 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL MET: 406 The amount hereinafter named aggregating Five Hundred Eighty Thousand Five Hundred dollars 407 ($580,500) or so much thereof as may be necessary are hereby appropriated from current revenues 408 and other funds for the use by several departments of the Municipal Government for the fiscal year 409 beginning July 1, 2022 and ending June 30, 2023: 410 CASH RECEIPTS 411 2022/23 2022/23 412 APPROVED REVISED W/CF 413 BEGINNING BALANCE - WASTEWATER $ 575,500 $ 575,500 414 TOTAL BEGINNING BALANCES 575,500 575,500 415 RECEIPTS 416 INTEREST EARNINGS - WASTEWATER 5,000 5,000 417 TOTAL RECEIPTS 5,000 5,000 418 TOTALS $ 580,500 $ 580,500 419 EXPENSE SUMMARY 420 2022/23 2022/23 421 APPROVED REVISED W/CF 422 CURRENT YEAR BALANCE - WASTEWATER $ 580,500 $ 580,500 423 CURRENT YEAR BALANCE SUBTOTALS 580,500 580,500 424 TOTALS $ 580,500 $ 580,500 425 The City Manager is hereby authorized, without further approval of the City Council, to make 426 interdepartmental transfers of up to five percent of the amount hereinafter appropriated to any 427 department with the exception of any transfers prohibited by City Procedure #F306. 17 14

CITY OF DOVER ORDINANCE # 2022-18 Item 1. 428 429 WATER IMPACT FEE RESERVE 430 CASH RECEIPTS/REVENUES AND BUDGET FOR 2022-2023 431 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL MET: 432 The amount hereinafter named aggregating One MillionSeven Hundred Eight Thousand dollars 433 ($1,708,000) or so much thereof as may be necessary are hereby appropriated from current revenues 434 and other funds for the use by several departments of the Municipal Government for the fiscal 435 year beginning July 1, 2022 and ending June 30, 2023: 436 CASH RECEIPTS 437 2022/23 2022/23 438 APPROVED REVISED W/CF 439 BEGINNING BALANCE - WATER $ 1,688,000 $ 1,802,100 440 TOTAL BEGINNING BALANCES 1,688,000 1,802,100 441 RECEIPTS 442 INTEREST EARNINGS - WATER 20,000 20,000 443 TOTAL RECEIPTS 13,200 20,000 444 TOTALS $ 1,701,200 $ 1,822,100 445 EXPENSE SUMMARY 446 2022/23 2022/23 447 APPROVED REVISED W/CF 448 CURRENT YEAR BALANCE - WATER $ 1,708,000 $ 1,075,700 449 TRANSFER TO WATER IMP AND EXT - 746,400 449 CURRENT YEAR BALANCE SUBTOTALS 1,708,000 1,822,100 450 TOTALS $ 1,708,000 $ 1,822,100 451 The City Manager is hereby authorized, without further approval of the City Council, to make 452 interdepartmental transfers of up to five percent of the amount hereinafter appropriated to any 453 department with the exception of any transfers prohibited by City Procedure #F306. 18 15

CITY OF DOVER ORDINANCE # 2022-18 Item 1. 454 455 WASTEWATER IMPACT FEE RESERVE 456 CASH RECEIPTS/REVENUES AND BUDGET FOR 2022-2023 457 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL MET: 458 The amount hereinafter named aggregating Five Million Three Hundred Forty-Seven Thousand dollars 459 ($5,347,000) or so much thereof as may be necessary are hereby appropriated from current revenues 460 and other funds for the use by several departments of the Municipal Government for the fiscal year 461 beginning July 1, 2022 and ending June 30, 2023: 462 CASH RECEIPTS 463 2022/23 2022/23 464 APPROVED REVISED W/CF 465 BEGINNING BALANCE - WASTEWATER $ 5,287,000 $ 5,287,000 466 TOTAL BEGINNING BALANCES 5,287,000 5,287,000 467 RECEIPTS 468 INTEREST EARNINGS - WASTEWATER 60,000 60,000 469 TOTAL RECEIPTS 60,000 60,000 470 TOTALS $ 5,347,000 $ 5,347,000 471 EXPENSE SUMMARY 472 2022/23 2022/23 473 APPROVED REVISED W/CF 474 TRANSFER TO I & E FUND FROM WASTEWATER IMPACT FEES $ 255,600 $ 255,600 475 CURRENT YEAR BALANCE - WASTEWATER $ 5,091,400 $ 5,091,400 476 CURRENT YEAR BALANCE SUBTOTALS 5,347,000 5,347,000 477 TOTALS $ 5,347,000 $ 5,347,000 478 The City Manager is hereby authorized, without further approval of the City Council, to make 479 interdepartmental transfers of up to five percent of the amount hereinafter appropriated to any 480 department with the exception of any transfers prohibited by City Procedure #F306. 19 16

CITY OF DOVER ORDINANCE # 2022-18 Item 1. 481 482 WATER CONTINGENCY RESERVE 483 CASH RECEIPTS/REVENUES AND BUDGET FOR 2022-2023 484 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL MET: 485 The amount hereinafter named aggregating Two Hundred Seventy-Eight Thousand Nine Hundred dollars 486 ($278,900) or so much thereof as may be necessary are hereby appropriated from current revenues and 487 other funds for the use by several departments of the Municipal Government for the fiscal year 488 beginning July 1, 2022 and ending June 30, 2023: 489 CASH RECEIPTS 490 2022/23 2022/23 491 APPROVED REVISED W/CF 492 BEGINNING BALANCE - WATER $ 275,900 $ 275,900 493 TOTAL BEGINNING BALANCES 275,900 275,900 494 RECEIPTS 495 INTEREST EARNINGS - WATER 3,000 3,000 496 TOTAL RECEIPTS 3,000 3,000 497 TOTALS $ 278,900 $ 278,900 498 BUDGET SUMMARY 499 2022/23 2022/23 500 APPROVED REVISED W/CF 501 CURRENT YEAR BALANCE - WATER $ 278,900 $ 278,900 502 CURRENT YEAR BALANCE SUBTOTALS 278,900 278,900 503 TOTAL EXPENSES AND CURRENT YEAR BALANCES $ 278,900 $ 278,900 504 The City Manager is hereby authorized, without further approval of the City Council, to make 505 interdepartmental transfers of up to five percent of the amount hereinafter appropriated to any 506 department with the exception of any transfers prohibited by City Procedure #F306. 20 17

CITY OF DOVER ORDINANCE # 2022-18 Item 1. 507 508 WASTEWATER CONTINGENCY RESERVE 509 CASH RECEIPTS/REVENUES AND BUDGET FOR 2022-2023 510 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL MET: 511 The amount hereinafter named aggregating Three Hundred Eight Thousand Three Hundred dollars 512 ($308,300) or so much thereof as may be necessary are hereby appropriated from current revenues and 513 other funds for the use by several departments of the Municipal Government for the fiscal year beginning 514 July 1, 2022 andending June 30, 2023: 515 CASH RECEIPTS 516 2022/23 2022/23 517 APPROVED REVISED W/CF 518 BEGINNING BALANCE - WASTEWATER $ 305,300 $ 305,300 519 TOTAL BEGINNING BALANCES 305,300 305,300 520 RECEIPTS 521 INTEREST EARNINGS - WASTEWATER 3,000 3,000 522 TOTAL RECEIPTS 3,000 3,000 523 TOTALS $ 308,300 $ 308,300 524 BUDGET SUMMARY 525 2022/23 2022/23 526 APPROVED REVISED W/CF 527 CURRENT YEAR BALANCE - WASTEWATER $ 308,300 $ 308,300 528 CURRENT YEAR BALANCE SUBTOTALS 308,300 308,300 529 TOTAL EXPENSES AND CURRENT YEAR BALANCES $ 308,300 $ 308,300 530 The City Manager is hereby authorized, without further approval of the City Council, to make 531 interdepartmental transfers of up to five percent of the amount hereinafter appropriated to any 532 department with the exception of any transfers prohibited by City Procedure #F306. 21 18

CITY OF DOVER ORDINANCE # 2022-18 Item 1. 533 534 ELECTRIC REVENUE FUND 535 REVENUES AND BUDGET FOR 2022-2023 536 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL MET: 537 The amount hereinafter named aggregating One Hurdred Thirty-Eight Million Four Hundred Forty 538 Thousand Four Hundred dollars ($138,440,400) or so much thereof as may be necessary are hereby 539 appropriated from current revenues and other funds for the use by several departments of the Municipal 540 Government for the fiscal year beginning July 1, 2022 and ending June 30, 2023: 541 2022/23 2022/23 542 APPROVED REVISED W/CF 543 BEGINNING BALANCE $ 23,160,400 $ 23,160,400 544 DISTRIBUTION OF EARNINGS - PCA CREDIT 21,840,000 21,840,000 545 BEGINNING BALANCE - ADJUSTED 45,000,400 45,000,400 546 BASE REVENUE 547 DIRECT SALES TO CUSTOMER 80,857,100 80,857,100 548 UTILITY TAX 1,648,700 1,648,700 549 MISCELLANEOUS REVENUE 500,000 500,000 550 RENT REVENUE 65,000 65,000 551 GREEN ENERGY 127,000 127,000 552 INTEREST EARNINGS 125,000 125,000 553 MISC STATE GRANTS - 42,200 554 TRANSFER FROM RATE STABILIZATION 10,000,000 10,000,000 555 TRANSFER FROM OTHER FUNDS (ERP) 75,000 75,000 556 TOTAL REVENUES 93,397,800 93,440,000 557 TOTAL BEGINNING BALANCE & REVENUES $ 138,398,200 $ 138,440,400 558 2022-2023 BUDGET ORDINANCES 559 ELECTRIC REVENUE FUND EXPENSES AND BUDGET BALANCE FOR 2022-2023 560 2022/23 2022/23 561 EXPENSES APPROVED REVISED W/CF 562 POWER SUPPLY $ 32,617,500 $ 32,617,500 563 SOLAR ENERGY 3,153,300 3,153,300 564 SOLAR RENEWAL ENERGY CREDITS 388,300 388,300 565 POWER SUPPLY MANAGEMENT 634,800 634,800 566 REC'S (Renewable Energy Credits) 5,177,000 5,177,000 567 RGGI (Regional Greenhouse Gas Init.) 53,500 53,500 568 PJM CHARGES - ENERGY 25,850,300 25,850,300 569 PJM CHARGES - TRANSMISSION & FEES 10,111,200 10,111,200 570 CAPACITY CHARGES 13,528,300 13,528,300 571 SUB-TOTAL POWER SUPPLY 91,514,200 91,514,200 572 PLANT OPERATIONS 1,754,000 1,754,000 573 GENERATIONS FUELS 423,300 423,300 574 PJM SPOT MARKET ENERGY (726,500) (726,500) 575 PJM CREDITS (400,400) (400,400) 576 CAPACITY CREDITS (5,703,900) (5,703,900) 577 GENERATION SUBTOTAL (4,653,500) (4,653,500) 578 POWER SUPPLY & GENERATION SUBTOTAL 86,860,700 86,860,700 579 DIRECT EXPENDITURES 580 TRANSMISSION/DISTRIBUTION 4,196,300 4,196,300 581 ELECTRICAL ENGINEERING 1,611,300 1,611,300 582 ADMINISTRATION 894,100 894,100 583 METER READING 353,600 353,600 584 SYSTEMS OPERATIONS 864,400 864,400 585 DIRECT EXPENDITURE SUBTOTALS 7,919,700 7,919,700 586 OTHER EXPENSES: 587 UTILITY TAX 1,648,700 1,648,700 588 ALLOW FOR UNCOLLECTIBLES 300,000 300,000 589 CONTRACTUAL SERVICES - RFP'S 60,000 60,000 22 19

590 LEGAL EXPENSES 50,000 50,000 Item 1. 591 RETIREES HEALTH CARE 911,000 911,000 592 OTHER EMPLOYMENT EXPENSES 85,000 85,000 593 GREEN ENERGY PAYMENT TO DEMEC 127,000 - 594 GREEN ENERGY GRANT - 98,500 595 INTERFUND SERVICE FEES 4,243,400 4,243,400 596 INTEREST ON DEPOSITS 135,000 135,000 597 BANK & CREDIT CARD FEES 535,000 535,000 598 BOND ISSUANCE COST 40,000 40,000 599 DEBT SERVICE 1,591,600 1,591,600 600 STORM EXPENSE 150,000 150,000 601 OTHER EXPENSES SUBTOTAL 9,876,700 9,848,200 602 TRANSFER TO: 603 IMPROVEMENT & EXTENSION 6,435,200 6,435,200 604 GENERAL FUND 8,000,000 8,000,000 605 OTHER RESERVES - 28,500 606 TRANSFER TO INVENTORY WRITE-OFFS 100,000 100,000 607 TRANSFER TO SUBTOTAL 14,535,200 14,563,700 608 TOTAL EXPENSES 119,192,300 119,192,300 609 BUDGET BALANCE - WORKING CAPITAL 19,205,900 19,248,100 610 TOTALS $ 138,398,200 $ 138,440,400 611 The City Manager is hereby authorized, without further approval of the City Council, to make 612 interdepartmental transfers of up to five percent of the amount hereinafter appropriated to any 613 department with the exception of any transfers prohibited by City Procedure #F306. 23 20

CITY OF DOVER ORDINANCE # 2022-18 Item 1. 614 615 ELECTRIC UTILITY IMPROVEMENT AND EXTENSION FUND 616 CASH RECEIPTS/REVENUES AND BUDGET FOR 2022-2023 617 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL MET: 618 The amount hereinafter named aggregating Forty-Eight Million Fifty-Three Thousand Six Hundred 619 dollars ($48,053,600) or so much thereof as may be necessary are hereby appropriated from current 620 revenues and other funds for the use by several departments of the Municipal Government for 621 the fiscal year beginning July 1, 2022 and ending June 30, 2023: 622 REVENUES 623 2022/23 2022/23 624 APPROVED REVISED W/CF 625 BEGINNING BALANCE $ 19,272,500 $ 22,875,200 626 REVENUES 627 TRANSFER FROM ELECTRIC 6,435,200 6,435,200 628 GRANT/BOND/LOAN 1,500,000 8,321,900 629 GENERAL SERVICE BILLING 400,000 400,000 630 TRF FROM DEPRECIATION RSV 1,000,000 9,803,100 631 INTEREST EARNINGS 218,200 218,200 632 TOTAL REVENUES 9,553,400 25,178,400 633 TOTALS $ 28,825,900 $ 48,053,600 634 EXPENSE SUMMARY 635 2022/23 2022/23 636 EXPENSES APPROVED REVISED W/CF 637 ELECTRIC ADMINISTRATION $ 1,570,000 $ 1,896,400 638 ELECTRIC GENERATION 4,000,000 12,851,800 639 TRANSMISSION AND DISTRIBUTION 2,075,900 2,527,900 640 ELECTRICAL ENGINEERING 745,000 8,891,400 641 METER READING 44,300 44,300 642 ERP SYSTEM 500,000 1,967,400 643 TOTAL EXPENSES 8,935,200 28,179,200 644 BUDGET BALANCE 19,890,700 19,874,400 645 TOTAL BUDGET BALANCE & EXPENSES $ 28,825,900 $ 48,053,600 646 The City Manager is hereby authorized, without further approval of the City Council, to make 647 interdepartmental transfers of up to five percent of the amount hereinafter appropriated to any 648 department with the exception of any transfers prohibited by City Procedure #F306. 24 21

CITY OF DOVER ORDINANCE # 2022-18 Item 1 649 650 ELECTRIC UTILITY CONTINGENCY RESERVE 651 CASH RECEIPTS/REVENUES AND BUDGET FOR 2022-2023 652 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL MET: 653 The amount hereinafter named aggregating Nine Hundred Fifty-Three Thousand dollars ($953,000) 654 or so much thereof as may be necessary are hereby appropriated from current revenues and 655 other funds for the use by several departments of the Municipal Government for the fiscal year 656 beginning July 1, 2022 and ending June 30, 2023: 657 CASH RECEIPTS 658 2022/23 2022/23 659 APPROVED REVISED W/CF 660 BEGINNING BALANCE $ 945,000 $ 945,000 661 RECEIPTS 662 INTEREST EARNINGS 8,000 8,000 663 TOTAL RECEIPTS 8,000 8,000 664 TOTALS $ 953,000 $ 953,000 665 EXPENSE SUMMARY 666 2022/23 2022/23 667 APPROVED REVISED W/CF 668 CURRENT YEAR BALANCE $ 953,000 $ 953,000 669 TOTALS $ 953,000 $ 953,000 670 The City Manager is hereby authorized, without further approval of the City Council, to make 671 interdepartmental transfers of up to five percent of the amount hereinafter appropriated to any 672 department with the exception of any transfers prohibited by City Procedure #F306. 25 22

CITY OF DOVER ORDINANCE # 2022-18 Item 1. 673 674 ELECTRIC UTILITY DEPRECIATION RESERVE 675 SOURCES AND USE OF FUNDS FOR 2022-2023 676 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL MET: 677 The amount hereinafter named aggregating Thirteen Million One Hundred Eighty Thousand 678 dollars ($13,180,000) or so much thereof as may be necessary are hereby appropriated from 679 current revenues and other funds for the use by several departments of the Municipal Government 680 for the fiscal year beginning July 1, 2022 and ending June 30, 2023: 681 CASH RECEIPTS 682 2022/23 2022/23 683 APPROVED REVISED W/CF 684 BEGINNING BALANCE $ 13,165,000 $ 21,968,100 685 INTEREST EARNINGS 15,000 15,000 686 TOTALS $ 13,180,000 $ 21,983,100 687 BUDGET SUMMARY 688 2022/23 2022/23 689 APPROVED REVISED W/CF 690 TRANSFER TO ELECTRIC I & E $ 1,000,000 $ 9,803,100 691 CURRENT YEAR BALANCE 12,180,000 12,180,000 692 TOTALS $ 13,180,000 $ 21,983,100 692 The City Manager is hereby authorized, without further approval of the City Council, to make 693 interdepartmental transfers of up to five percent of the amount hereinafter appropriated to any 694 department with the exception of any transfers prohibited by City Procedure #F306. 26 23

CITY OF DOVER ORDINANCE # 2022-18 Item 1. 695 696 ELECTRIC UTILITY FUTURE CAPACITY RESERVE 697 SOURCES AND USE OF FUNDS FOR 2022-2023 698 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL MET: 699 The amount hereinafter named aggregating Twelve Million Five Hundred Sixty-Two Thousand dollars 700 ($12,562,000) or so much thereof as may be necessary are hereby appropriated from current 701 revenues and other funds for the use by several departments of the Municipal Government 702 for the fiscal year beginning July 1, 2022 and ending June 30, 2023: 703 CASH RECEIPTS 704 2022/23 2022/23 705 APPROVED REVISED W/CF 706 BEGINNING BALANCE $ 12,432,000 $ 12,432,000 707 INTEREST EARNINGS 130,000 130,000 708 TOTALS $ 12,562,000 $ 12,562,000 709 BUDGET SUMMARY 710 2022/23 2022/23 711 APPROVED REVISED W/CF 712 TRANSFER TO ELECTRIC I & E - $ - 713 CURRENT YEAR BALANCE $ 12,562,000 $ 12,562,000 714 TOTALS $ 12,562,000 $ 12,562,000 715 The City Manager is hereby authorized, without further approval of the City Council, to make 716 interdepartmental transfers of up to five percent of the amount hereinafter appropriated to any 717 department with the exception of any transfers prohibited by City Procedure #F306. 27 24

CITY OF DOVER ORDINANCE # 2022-18 Item 1. 718 719 ELECTRIC UTILITY INSURANCE STABLIZATION RESERVE 720 SOURCES AND USE OF FUNDS FOR 2022-2023 721 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL MET: 722 The amount hereinafter named aggregating Eight Hundred Thirty-Four Thousand Eight Hundred dollars 723 ($834,800) or so much thereof as may be necessary are hereby appropriated from current revenues and 724 other funds for the use by several departments of the Municipal Government for the fiscal year 725 beginning July 1, 2022 and ending June 30, 2023: 726 CASH RECEIPTS 727 2022/23 2022/23 728 APPROVED REVISED W/CF 729 BEGINNING BALANCE $ 828,800 $ 828,800 730 INTEREST EARNINGS 6,000 6,000 731 TOTALS $ 834,800 $ 834,800 732 BUDGET SUMMARY 733 2022/23 2022/23 734 APPROVED REVISED W/CF 735 CURRENT YEAR BALANCE $ 834,800 $ 834,800 736 TOTALS $ 834,800 $ 834,800 737 The City Manager is hereby authorized, without further approval of the City Council, to make 738 interdepartmental transfers of up to five percent of the amount hereinafter appropriated to any 739 department with the exception of any transfers prohibited by City Procedure #F306. 28 25

CITY OF DOVER ORDINANCE # 2022-18 Item 1. 740 741 ELECTRIC UTILITY RATE STABLIZATION RESERVE 742 SOURCES AND USE OF FUNDS FOR 2022-2023 743 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL MET: 744 The amount hereinafter named aggregating Twenty Million Ninety-Seven Thousand dollars 745 ($20,097,000) or so much thereof as may be necessary are hereby appropriated from current 746 revenues and other funds for the use by several departments of the Municipal Government 747 for the fiscal year beginning July 1, 2022 and ending June 30, 2023: 748 CASH RECEIPTS 749 2022/23 2022/23 750 APPROVED REVISED W/CF 751 BEGINNING BALANCE $ 19,897,000 $ 19,897,000 752 INTEREST EARNINGS 200,000 200,000 753 TOTALS $ 20,097,000 $ 20,097,000 754 BUDGET SUMMARY 755 2022/23 2022/23 756 APPROVED REVISED W/CF 757 TRANSFER TO ELECTRIC OPERATING FUND $ 10,000,000 $ 10,000,000 758 CURRENT YEAR BALANCE 10,097,000 10,097,000 759 TOTALS $ 20,097,000 $ 20,097,000 760 The City Manager is hereby authorized, without further approval of the City Council, to make 761 interdepartmental transfers of up to five percent of the amount hereinafter appropriated to any 762 department with the exception of any transfers prohibited by City Procedure #F306. 29 26

763 CITY OF DOVER ORDINANCE # 2022-18 Item 1. 764 MUNICIPAL STREET AID FUND 765 CASH RECEIPTS/REVENUES AND BUDGET FOR 2022-2023 766 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL MET: 767 The amount hereinafter named aggregating Seven Hundred Fifty Thousand One Hundred dollars 768 ($750,100) or so much thereof as may be necessary are hereby appropriated from current revenues 769 and other funds for the use by several departments of the Municipal Government for the fiscal year 770 beginning July 1, 2022 and ending June 30, 2023: 771 CASH RECEIPTS 772 2022/23 2022/23 773 APPROVED REVISED W/CF 774 BEGINNING BALANCE $ 100 $ 100 775 STATE GRANT 750,000 750,000 776 TOTALS $ 750,100 $ 750,100 777 BUDGET SUMMARY 778 2022/23 2022/23 779 APPROVED REVISED W/CF 780 TRANSFER TO GENERAL FUND $ 750,000 $ 750,000 781 CURRENT YEAR BALANCE 100 100 782 TOTALS $ 750,100 $ 750,100 783 The City Manager is hereby authorized, without further approval of the City Council, to make 784 interdepartmental transfers of up to five percent of the amount hereinafter appropriated to any 785 department with the exception of any transfers prohibited by City Procedure #F306. 30 27

786 CITY OF DOVER ORDINANCE # 2022-18 Item 1. 787 ELECTRONIC RED LIGHT SAFETY PROGRAM 788 CASH RECEIPTS/REVENUES AND BUDGET FOR 2022-2023 789 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL MET: 790 The amount hereinafter named aggregating Four Hundred Thousand One Hundred dollars 791 ($400,100) or so much thereof as may be necessary are hereby appropriated from current revenues 792 and other funds for the use by several departments of the Municipal Government for the fiscal year 793 beginning July 1, 2022 and ending June 30, 2023: 794 CASH RECEIPTS 795 2022/23 2022/23 796 APPROVED REVISED W/CF 797 BEGINNING BALANCE $ 100 $ 100 798 POLICE FINES 400,000 400,000 799 TOTALS $ 400,100 $ 400,100 800 BUDGET SUMMARY 801 2022/23 2022/23 802 APPROVED REVISED W/CF 803 TRANSFER TO GENERAL FUND $ 400,000 $ 400,000 804 CURRENT YEAR BALANCE 100 100 805 TOTALS $ 400,100 $ 400,100 806 The City Manager is hereby authorized, without further approval of the City Council, to make 807 interdepartmental transfers of up to five percent of the amount hereinafter appropriated to any 808 department with the exception of any transfers prohibited by City Procedure #F306. 31 28

CITY OF DOVER ORDINANCE # 2022-18 Item 1. 809 810 WORKERS COMPENSATION FUND 811 CASH RECEIPTS/REVENUES AND BUDGET FOR 2022-2023 812 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL MET: 813 The amount hereinafter named aggregating Three Million One Hundred Thirty-Six Thousand Six 814 Hundred dollars ($3,136,600) or so much thereof as may be necessary are hereby appropriated from 815 current revenues and other funds for the use by several departments of the Municipal Government 816 for the fiscal year beginning July 1, 2022 and ending June 30, 2023: 817 OPERATING REVENUES 818 2022/23 2022/23 819 APPROVED REVISED W/CF 820 BEGINNING BALANCE $ 2,108,100 $ 2,108,100 821 INTEREST INCOME 28,500 28,500 822 PREMIUM FROM CITY 1,000,000 1,000,000 823 TOTALS $ 3,136,600 $ 3,136,600 824 OPERATING EXPENSES 825 2022/23 2022/23 826 APPROVED REVISED W/CF 827 PROGRAM EXPENSES/SUPPLIES - CLAIMS $ 300,000 $ 300,000 828 INSURANCE 182,500 182,500 829 STATE OF DEL - SELF INSURANCE TAX 39,000 39,000 830 CONTRACTUAL SERVICES 20,000 20,000 831 TOTAL EXPENSES 541,500 541,500 832 CURRENT YEAR BALANCE 2,595,100 2,595,100 833 TOTALS $ 3,136,600 $ 3,136,600 834 The City Manager is hereby authorized, without further approval of the City Council, to make 835 interdepartmental transfers of up to five percent of the amount hereinafter appropriated to any 836 department with the exception of any transfers prohibited by City Procedure #F306. 32 29

CITY OF DOVER ORDINANCE # 2022-18 Item 1. 837 838 COMMUNITY TRANSPORTATION IMPROVEMENT FUND 839 CASH RECEIPTS/REVENUES AND BUDGET FOR 2022-2023 840 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL MET: 841 The amount hereinafter named aggregating Six Hundred Thousand dollars ($600,000) or so much 842 thereof as may be necessary are hereby appropriated from current revenues and other funds for the 843 use by several departments of the Municipal Government for the fiscal year beginning July 1, 2022 844 and ending June 30, 2023: 845 OPERATING REVENUES 846 2022/23 2022/23 847 APPROVED REVISED W/CF 848 PRIOR YEAR BALANCE $ 200,000 $ 200,000 849 GRANTS REVENUE 400,000 400,000 850 TOTALS $ 600,000 $ 600,000 851 OPERATING EXPENSES 852 2022/23 2022/23 853 APPROVED REVISED W/CF 854 PROGRAM EXP. GRANT RELATED $ 400,000 $ 400,000 855 856 CURRENT YEAR BALANCE 200,000 200,000 857 TOTALS $ 600,000 $ 600,000 858 The City Manager is hereby authorized, without further approval of the City Council, to make 859 interdepartmental transfers of up to five percent of the amount hereinafter appropriated to any 860 department with the exception of any transfers prohibited by City Procedure #F306. 33 30

861 CITY OF DOVER ORDINANCE # 2022-18 Item 1. 862 LIBRARY GRANT FUND 863 CASH RECEIPTS/REVENUES AND BUDGET FOR 2022-2023 864 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL MET: 865 The amount hereinafter named aggregating Five Hundred Fifty Thousand Four Hundred Forty-Two 866 dollars ($550,442) or so much thereof as may be necessary are hereby appropriated from current revenues 867 and other funds for the use by several departments of the Municipal Government for the fiscal year 868 beginning July 1, 2022 and ending June 30, 2023: 869 OPERATING REVENUES 870 2022/23 2022/23 871 APPROVED REVISED W/CF 872 PRIOR YEAR BALANCE $ 31,330 $ 198,922 873 STATE GRANT 338,432 349,520 874 FEDERAL GRANT 2,000 2,000 875 TOTALS $ 371,762 $ 550,442 876 OPERATING EXPENSES 877 2022/23 2022/23 878 APPROVED REVISED W/CF 879 STATE GRANTS 880 FURNITURE/FIXTURES $ 7,800 $ 50,800 881 OFFICE SUPPLIES 30,000 30,000 882 PRINTING AND DUPLICATING 10,000 10,000 883 PROGRAM EXPENSES/SUPPLIES 37,000 56,592 884 BOOKS 145,000 150,000 885 COMPUTER SOFTWARE 6,000 6,000 886 COMPUTER HARDWARE 5,000 50,000 887 AUDIO VISUAL SUPPLIES 85,000 90,000 888 POSTAGE 100 100 889 ADVERTISING - 40,000 890 TRAINING/CONF/FOOD/TRAV 5,000 5,000 891 CONTRACTUAL SERVICES - 21,088 892 OFF EQP/REPAIRS & MAINT 2,000 2,000 893 OTHER EQUIP - LEASE 6,000 6,000 894 SUBTOTAL EXPENSES STATE GRANTS 338,900 517,580 895 FEDERAL GRANTS 896 PROGRAM EXPENSES/SUPPLIES 2,000 2,000 897 SUBTOTAL EXPENSES FEDERAL GRANTS 2,000 2,000 898 GRAND TOTAL EXPENSES 340,900 519,580 899 CURRENT YEAR BALANCE 30,862 30,862 900 TOTALS $ 371,762 $ 550,442 901 The City Manager is hereby authorized, without further approval of the City Council, to make 902 interdepartmental transfers of up to five percent of the amount hereinafter appropriated to any 903 department with the exception of any transfers prohibited by City Procedure #F306. 34 31

904 CITY OF DOVER ORDINANCE # 2022-18 Item 1. 905 CDBG GRANT FUND 906 CASH RECEIPTS/REVENUES AND BUDGET FOR 2022-2023 907 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL MET: 908 The amount hereinafter named aggregating Six Hundred Fifty-One Thousand Seven Hundred Thirty-Four 909 dollars ($651,734) or so much thereof as may be necessary are hereby appropriated from current revenues 910 and other funds for the use by several departments of the Municipal Government for the fiscal year 911 beginning July 1, 2022 and ending June 30, 2023: 912 OPERATING REVENUES 913 2022/23 2022/23 914 APPROVED REVISED W/CF 915 PRIOR YEAR BALANCE 2,000 305,630 916 CDBG GRANTS RECEIVED 346,104 346,104 917 TOTALS $ 348,104 $ 651,734 918 OPERATING EXPENSES 919 2022/23 2022/23 920 APPROVED REVISED W/CF 921 EXPENDITURES 922 PRIOR YEAR CLOSING COST/DOWN PAYMENT PROGRAM $ - $ 78,387 923 PRIOR YEAR CD COLLABORATION - 5,258 924 PRIOR YEAR DIFMH RENOVATIONS - 40,000 925 PRIOR YEAR MHDC EMERGENCY HOME REPAIR - 15,439 926 PRIOR YEAR MHDC HOMEOWNER REHAB. - 40,190 927 PRIOR YEAR ADMIN EXPENSE - 32,426 927 CURRENT YEAR CLOSING COST/DOWN PAYMENT PROGRAM 131,883 131,883 928 CURRENT YEAR DOVER INTERFAITH MINISTRY 30,000 30,000 929 CURRENT YEAR MHDC EMERGENCY HOME REPAIR - 40,000 930 CURRENT YEAR MHDC HOMEOWNER REHAB. 55,000 55,000 931 CURRENT YEAR HOUSE OF HOPE 20,000 20,000 932 CURRENT YEAR CARES ACT (COVID-19) - 91,931 933 CURRENT YEAR ADMIN EXPENSE 69,211 69,221 934 TOTAL EXPENDITURES 306,094 649,734 935 CURRENT YEAR BALANCE 42,010 2,000 936 TOTALS $ 348,104 $ 651,734 937 The City Manager is hereby authorized, without further approval of the City Council, to make 938 interdepartmental transfers of up to five percent of the amount hereinafter appropriated to any 939 department with the exception of any transfers prohibited by City Procedure #F306. 35 32

940 CITY OF DOVER ORDINANCE # 2022-18 Item 1. 941 210 - ARPA FUNDING 942 CASH RECEIPTS/REVENUES AND BUDGET FOR 2022-2023 943 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL MET: 944 The amount hereinafter named aggregating Eight million Five Hundred Fourteen Thousand Three Hundred 945 Twenty-Five dollars ($8,514,325) or so much thereof as may be necessary are hereby appropriated from 946 current revenues and other funds for the use by several departments of the Municipal Government for 947 the fiscal year beginning July 1, 2022 and ending June 30, 2023: 948 OPERATING REVENUES 949 2022/23 2022/23 950 APPROVED REVISED W/CF 951 PRIOR YEAR BALANCE $ 1,809,600 $ 4,214,325 952 FEDERAL FUNDING RECEIVED 4,300,000 4,300,000 953 TOTALS $ 6,109,600 $ 8,514,325 954 OPERATING EXPENSES 955 2022/23 2022/23 956 APPROVED REVISED W/CF 957 EXPENDITURES 958 CONSTRUCTION $ 6,098,000 $ 6,103,000 959 PROGRAM EXPENSE/SUPPLIES - 2,404,725 960 TOTAL EXPENDITURES 6,098,000 8,507,725 961 CURRENT YEAR BALANCE 11,600 6,600 962 TOTALS $ 6,109,600 $ 8,514,325 963 The above budget represents the combination of all State & Federal Grants. 964 The City Manager is hereby authorized, without further approval of the City Council, to make 965 interdepartmental transfers of up to five percent of the amount hereinafter appropriated to any 966 department with the exception of any transfers prohibited by City Procedure #F306. 36 33

967 CITY OF DOVER ORDINANCE # 2022-18 Item 1. 968 207 - POLICE GRANTS FUND 969 CASH RECEIPTS/REVENUES AND BUDGET FOR 2022-2023 970 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL MET: 971 The amount hereinafter named aggregating Eight Hundred Two Thousand Five Hundred dollars 972 ($802,500)or so much thereof as may be necessary are hereby appropriated from current revenues 973 and other funds for the use by several departments of the Municipal Government for the fiscal year 974 beginning July 1, 2022 and ending June 30, 2023: 975 OPERATING REVENUES 976 2022/23 2022/23 977 APPROVED REVISED W/CF 978 PRIOR YEAR BALANCE $ 50,000 $ 50,000 979 STATE AND FEDERAL GRANTS RECEIVED 752,500 752,500 980 TOTALS $ 802,500 $ 802,500 981 OPERATING EXPENSES 982 2022/23 2022/23 983 APPROVED REVISED W/CF 984 EXPENDITURES 985 MATERIALS AND SUPPLIES 986 POLICE EQUIPT & PROG SUPP 375,000 375,000 987 ADMINISTRATIVE EXPENDITURES 988 TRAINING 75,000 75,000 990 TOTAL EXPENDITURES 450,000 450,000 991 OTHER FINANCING USES 992 OPERATING TRANSFERS-OUT 352,500 352,500 993 TOTAL FINANCING USES 352,500 352,500 994 CURRENT YEAR BALANCE - - 995 TOTALS $ 802,500 $ 802,500 996 The above budget represents the combination of all State & Federal Grants. 997 The City Manager is hereby authorized, without further approval of the City Council, to make 998 interdepartmental transfers of up to five percent of the amount hereinafter appropriated to any 999 department with the exception of any transfers prohibited by City Procedure #F306. 37 34

1000 CITY OF DOVER ORDINANCE # 2022-18 Item 1. 1001 LODGING TAX FUND 1002 CASH RECEIPTS/REVENUES AND BUDGET FOR 2022-2023 1003 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL MET: 1004 The amount hereinafter named aggregating Two Hundred Seventy-Five Thousand dollars 1005 ($275,000) or so much thereof as may be necessary are hereby appropriated from current revenues 1006 and other funds for the use by several departments of the Municipal Government for the fiscal 1007 year beginning July 1, 2022 and ending June 30, 2023: 1008 CASH RECEIPTS 1009 2022/23 2022/23 1010 APPROVED REVISED W/CF 1011 BEGINNING BALANCE $ - $ - 1012 LODGING TAXES 275,000 275,000 1013 TOTALS $ 275,000 $ 275,000 1014 BUDGET SUMMARY 1015 2022/23 2022/23 1016 APPROVED REVISED W/CF 1017 TRANSFER TO CAPITAL PROJECT FUND $ 275,000 $ 275,000 1018 CURRENT YEAR BALANCE - - 1019 TOTALS $ 275,000 $ 275,000 1020 The City Manager is hereby authorized, without further approval of the City Council, to make 1021 interdepartmental transfers of up to five percent of the amount hereinafter appropriated to any 1022 department with the exception of any transfers prohibited by City Procedure #F306. 38 35

1023 CITY OF DOVER ORDINANCE # 2022-18 Item 1. 1024 209 - POLICE GRANTS FUND 1025 CASH RECEIPTS/REVENUES AND BUDGET FOR 2022-2023 1026 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL MET: 1027 The amount hereinafter named aggregating Four Hundred Five Thousand dollars ($405,000) 1028 or so much thereof as may be necessary are hereby appropriated from current revenues and other 1029 funds for the use by several departments of the Municipal Government for the fiscal year 1030 beginning July 1, 2022 and ending June 30, 2023: 1031 OPERATING REVENUES 1032 2022/23 2022/23 1033 APPROVED REVISED W/CF 1034 PRIOR YEAR BALANCE $ - $ - 1035 STATE AND FEDERAL GRANTS RECEIVED 405,000 405,000 1036 TOTALS $ 405,000 $ 405,000 1037 OPERATING EXPENSES 1038 2022/23 2022/23 1039 APPROVED REVISED W/CF 1040 MATERIALS AND SUPPLIES 1041 POLICE EQUIPT & PROG SUPP 355,000 355,000 1042 ADMINISTRATIVE EXPENDITURES 1043 TRAINING - - 1044 CONTRACTUAL SERVICES - - 1045 TOTAL EXPENDITURES 355,000 355,000 1046 OTHER FINANCING USES 1047 OPERATING TRANSFERS-OUT 50,000 50,000 1048 TOTAL FINANCING USES 50,000 50,000 1049 CURRENT YEAR BALANCE - - 1050 TOTALS $ 405,000 $ 405,000 1051 The above budget represents the combination of all State & Federal Grants. 1052 The City Manager is hereby authorized, without further approval of the City Council, to make 1053 interdepartmental transfers of up to five percent of the amount hereinafter appropriated to any 1054 department with the exception of any transfers prohibited by City Procedure #F306. 39 36

1055 CITY OF DOVER ORDINANCE # 2022-18 Item 1. 1056 SUBSTANCE ABUSE GRANTS FUND 1057 CASH RECEIPTS/REVENUES AND BUDGET FOR 2022-2023 1058 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL MET: 1059 The amount hereinafter named aggregating One Hundred Forty-Four Thousand Seven Hundred dollars 1060 ($144,700) or so much thereof as may be necessary are hereby appropriated from current revenues and 1061 other funds for the use by several departments of the Municipal Government for the fiscal year beginning 1062 July 1, 2022 and ending June 30, 2023: 1063 OPERATING REVENUES 1064 2022/23 2022/23 1065 APPROVED REVISED W/CF 1066 PRIOR YEAR BALANCE $ 83,700 $ 83,700 1067 STATE GRANTS RECEIVED 28,000 28,000 1068 RECREATION REVENUE 33,000 33,000 1069 TOTALS $ 144,700 $ 144,700 1070 OPERATING EXPENSES 1071 2022/23 2022/23 1072 APPROVED REVISED W/CF 1073 EXPENDITURES 1074 TEMPORARY HELP/BENEFITS $ 68,500 $ 68,500 1075 PROGRAM EXPENSES/SUPPLIES 35,000 35,000 1076 TOTAL EXPENDITURES 103,500 103,500 1077 CURRENT YEAR BALANCE 41,200 41,200 1078 TOTALS $ 144,700 $ 144,700 1079 The above budget represents the combination of all State & Federal Grants. 1080 The City Manager is hereby authorized, without further approval of the City Council, to make 1081 interdepartmental transfers of up to five percent of the amount hereinafter appropriated to any 1082 department with the exception of any transfers prohibited by City Procedure #F306. 40 37

1083 CITY OF DOVER ORDINANCE # 2022-18 Item 1. 1084 REALTY TRANSFER TAX FUND 1085 CASH RECEIPTS/REVENUES AND BUDGET FOR 2022-2023 1086 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL MET: 1087 The amount hereinafter named aggregating One Million Eight Hundred Thousand dollars ($1,800,000) 1088 or so much thereof as may be necessary are hereby appropriated from current revenues and 1089 other funds for the use by several departments of the Municipal Government for the fiscal 1090 year beginning July 1, 2022 and ending June 30, 2023: 1091 CASH RECEIPTS 1092 2022/23 2022/23 1093 APPROVED REVISED W/CF 1094 BEGINNING BALANCE $ - $ - 1095 REALTY TRANSFER TAXES 1,800,000 1,800,000 1096 TOTALS $ 1,800,000 $ 1,800,000 1097 BUDGET SUMMARY 1098 2022/23 2022/23 1099 APPROVED REVISED W/CF 1100 TRANSFER TO GENERAL FUND $ 1,800,000 $ 1,800,000 1101 CURRENT YEAR BALANCE - - 1102 TOTALS $ 1,800,000 $ 1,800,000 1103 The City Manager is hereby authorized, without further approval of the City Council, to make 1104 interdepartmental transfers of up to five percent of the amount hereinafter appropriated to any 1105 department with the exception of any transfers prohibited by City Procedure #F306. 41 38

Exhibit A City of Dover Fiscal Year 2022/2023 Budget First Amendment Capital Investment Plan Amendments Fiscal Year 2022 Fiscal Year 2023 Original Revised Prior Carry FY23 Revised CIP CIP Fiscal Year FY22 Forward Year FY23 CIP Project # Title Budget Budget Expenses Balance Balance Budget Budget Automobiles-Purchase $ 250,300 $ 169,800 $ 161,019 8,781 $ - $ 507,100 $ 507,100 Fire $ 250,300 $ 169,800 $ 161,019 $ 8,781 $ - $ 507,100 $ 507,100 LB2201 Replace HVAC Controller $ 25,000 $ 25,000 $ - 25,000 $ 38,500 $ - $ 38,500 Library $ 25,000 $ 25,000 $ - $ 25,000 $ 38,500 $ - $ 38,500 Automobiles-Purchase $ - $ - $ - $ - $ - $ 115,000 $ 115,000 Equipment - - - - $ - $ 5,700 $ 5,700 PR2100 2021 Dover Park Improvements 690,000 1,200 1,150 50 - - PR2200 Park & Playground Improvement 66,000 62,700 8,901 53,799 - - PR1701 Dover Park master Plan - 5,900 5,858 43 - - PR1800 Park & Playground Improvement - 3,300 3,280 20 - - PR1900 Park Maintenance Facility - 4,700 4,616 84 - - PR2002 Construction-Purchase - 64,300 54,918 9,382 - - - PR2300 2023 Dover Park Building - - - - - 800,000 800,000 PR2301 2023 Dover Park Splash Pad - - - - - 200,000 200,000 PR2302 Skate Park - - - - - 750,000 750,000 PR2304 Dog Park - - - - - 75,000 75,000 Recreation $ 756,000 $ 142,100 $ 78,723 $ 63,377 $ - $ 1,945,700 $ 1,945,700 Automobiles-Purchase $ 50,300 $ - $ - $ - - $ 25,300 $ 25,300 Code Enforcement $ 50,300 $ - $ - $ - $ - $ 25,300 $ 25,300 Other Equipment $ - $ 500 $ 458 $ 42 $ - $ - $ - Planning $ - $ 500 $ 458 $ 42 $ - $ - $ - Vehicles $ 25,100 $ 47,700 $ 22,578 $ 25,122 29,700 $ - $ 29,700 Inspections $ 25,100 $ 47,700 $ 22,578 $ 25,122 $ 29,700 $ - $ 29,700 Automobiles-Purchase $ 439,200 $ 607,600 $ 113,792 $ 493,808 $ 493,800 $ 637,200 $ 1,131,000 PD2201 Officer Body Worn Cameras & Tasers 86,800 64,900 64,482 418 - - - PD2301 Officer Body Worn Cameras & Tasers - - - - - 202,900 202,900 PD2302 Axion In-car Cameras - - - - - 18,100 18,100 Police $ 526,000 $ 672,500 $ 178,274 $ 494,226 $ 493,800 $ 858,200 $ 1,352,000 Trucks $ 156,000 $ 156,000 $ - $ 156,000 $ 156,000 $ - $ 156,000 Other Equipment - 9,000 8,502 498 10,500 128,000 138,500 ST2003 Meeting House Branch Improvements - 789,800 21,448 768,352 707,500 - 707,500 ST2007 Operations Yard Relocation & Imp. - 118,200 12,012 106,188 106,200 - 106,200 ST2201 FY22 Street, Concrete & Alley Program 350,000 350,000 - 350,000 350,000 - 350,000 ST2101 FY21 Street, Concrete & Alley Program - 1,508,900 693,589 815,311 815,300 - 815,300 ST2104 FY21 Silver Lake Dam Repairs - - - - - - - ST2202 William Street Emergency Street Repairs - 19,500 19,500 - - - - Streets Division $ 506,000 $ 2,951,400 $ 755,051 $ 2,196,349 $ 2,145,500 $ 128,000 $ 2,273,500 Trucks 166,200 660,000 - 660,000 698,400 527,000 1,225,400 Sanitation $ 166,200 $ 660,000 $ - $ 660,000 $ 698,400 $ 527,000 $ 1,225,400 Trucks $ - $ - $ - $ - $ - $ 43,300 $ 43,300 Maint Equipment 125,000 125,400 56,086 69,314 69,200 50,600 119,800 Grounds $ 125,000 $ 125,400 $ 56,086 $ 69,314 $ 69,200 $ 93,900 $ 163,100 Trucks $ - $ 212,300 $ 212,250 $ 50 $ 12,000 $ 230,700 $ 242,700 Other Equipment 650,200 667,500 - 667,500 667,500 - 667,500 SW2201 Misc. Emerg Storm Sewer Repair 82,000 259,200 259,175 25 - - - SW2202 Silver Lake Dam Repairs 100,000 63,500 63,482 18 - - - SW2203 Persimmon Park Place Basin Imp. 1,200,000 - - - - - - SW2204 East Lake Garden Basin Imp 500,000 500,000 - 500,000 500,000 - 500,000 SW2205 Water Street Flooding Improvem 14,000 39,000 - 39,000 39,000 - 39,000 SW2105 West Street Flooding Improv - 60,000 - 60,000 60,000 - 60,000 SW2103 Silver Lake Dam Repairs - - - - - - - SW2102 Stormwater Division Barn Door - 34,500 33,859 641 - - - ST2009 Persimmon Park Place Drainage - 23,700 22,112 1,588 1,600 - 1,600 ST2006 West Street Flooding Improve - 12,300 9,775 2,525 - - - ST2005 East Lake Garden Drainage Basin - 62,200 20,025 42,175 42,200 - 42,200 ST2004 Mirror Lake Drainage Basin Imp - 55,600 17,680 37,920 2,800 - 2,800 SW2206 MS4 Inventory/Inspection & G/T - 46,800 31,119 15,681 15,800 - 15,800 SW2301 Misc. Emergency Storm Sewer Repairs - - - - - 85,000 85,000 SW2303 Persimmon Park Place Basin Imp. - - - - - 1,200,000 1,200,000 SW2305 Mirror Lake Drainage Basin Imp - - - - - 350,000 350,000 Stormwater $ 2,546,200 $ 2,036,600 $ 669,477 $ 1,367,123 $ 1,340,900 $ 1,865,700 $ 3,206,600 IT2303 Phone System Replacement - - - - - 80,000 80,000 IT2201 Network Infrastructure $ 36,600 $ 84,100 $ 76,152 $ 7,948 $ 7,500 $ 73,100 $ 80,600 Information Technology $ 36,600 $ 84,100 $ 76,152 $ 7,948 $ 7,500 $ 153,100 $ 160,600 FC2001 2020 City Hall Improvements $ - $ 852,000 $ 85,200 $ 766,800 $ 766,800 $ - $ 766,800 FC2303 City Hall Improvements - - - - - 50,000 50,000 FC2304 Abatement @ Old Post Office - - - - - 150,000 150,000 Facilities Management $ - $ 852,000 $ 85,200 $ 766,800 $ 766,800 $ 200,000 $ 966,800 Trucks - 25,000 24,919 81 - - - LB2006 Other Equipment - 300 230 70 - - - PW - Engineering $ - $ 25,300 $ 25,149 $ 151 $ - $ - $ - Other Equipment $ - $ - $ - $ - $ - $ 70,000 $ 70,000 CS2001 2020 Warehouse Improvements - 3,100 267,300 (264,200) - - -

Exhibit A City of Dover Fiscal Year 2022/2023 Budget First Amendment Capital Investment Plan Amendments Fiscal Year 2022 Fiscal Year 2023 Original Revised Prior Carry FY23 Revised CIP CIP Fiscal Year FY22 Forward Year FY23 CIP Project # Title Budget Budget Expenses Balance Balance Budget Budget CS2101 2021 Warehouse Improvements - 293,500 29,212 264,288 - - - CS2301 Warehouse LED Lighting - - - - - 12,000 12,000 CS2302 Warehouse Flat Roof Replacement - - - - - 90,000 90,000 Purchasing $ - $ 296,600 $ 296,512 $ 88 $ - $ 172,000 $ 172,000 Total General Capital Project Fund $ 5,012,700 $ 8,089,000 $ 2,404,677 $ 5,684,323 $ 5,590,300 $ 6,476,000 $ 12,066,300 $ 152,000 Other Equipment $ - $ 200 $ 114 $ 86 $ - $ - $ - Water Engineering - 200 114 86 - - - Trucks $ 205,800 $ 205,800 $ 180,504 $ 25,300 $ - $ - $ - WD2206 GPS Survey Equipment 6,000 6,000 5,931 100 - - - Other Equipment - - - - - 24,100 24,100 WD2300 Meter Reading Tech Upgrade - - - - - 30,000 30,000 WD2101 Wellhead Redevelopement Program - 16,100 16,123 (23) - - - WD2103 General Foods Tank Maintenance - 58,200 58,200 58,200 (58,200) - WD2201 Wellhead Redevelopement Program 129,000 131,200 131,178 22 - - - WD2205 Future Well Installation 707,700 707,700 47,815 659,885 659,900 - 659,900 WQ2101 Water Quality Improvements - 136,300 102,610 33,690 33,700 - 33,700 WQ2201 Water Quality Improvements 595,500 579,900 - 579,900 579,900 - 579,900 WQ2202 Misc. Emergency Repairs 85,000 91,700 83,604 8,096 - - - WD2301 Wellhead Redevelopement Program - - - - - 188,000 188,000 WD2305 SCADA Equipment Upgrade - - - - - 50,000 50,000 WD2306 Water tank Concrete Rehab Program - - - - - 6,000 6,000 WD2307 Stonebrook East Water Main Increase - - - - - 26,000 26,000 WD2309 Aeropark Tank Equipment Reallocation - - - - - 61,000 61,000 WQ2302 Misc. Emergency Repairs - - - - - 84,600 84,600 WQ2303 Water Quality Imp. - North St. - - - - - 370,000 370,000 Water Management 1,729,000 1,932,900 567,764 1,365,171 1,331,700 781,500 2,113,200 Trucks $ 177,300 $ 179,200 $ 27,490 $ 151,710 $ 148,300 $ 68,500 $ 216,800 WD1609 WTP Process Imp. 200 106 94 - - - WD2308 Security Fencing @ WTP - - - - - 95,700 95,700 Water Treatment Plant $ 177,300 $ 179,400 $ 27,596 $ 151,804 $ 148,300 $ 164,200 $ 312,500 Total Water Capital Project Fund $ 1,906,300 $ 2,112,500 $ 595,474 $ 1,517,061 $ 1,480,000 $ 945,700 $ 2,425,700 Other Equipment $ - $ 200 $ 114 $ 100 $ - $ - $ - Wastewater Engineering $ - $ 200 $ 114 $ 100 $ - $ - $ - Trucks $ 196,200 $ 205,200 $ 62,449 $ 142,800 $ 142,800 $ 134,000 $ 276,800 Other Equipment 6,000 6,000 5,931 100 - - - WW2300 Meter Reading Tech Upgrade - - - - - 30,000 30,000 WW2301 Lateral Camera - - - - - 13,000 13,000 WW2302 Ground Penetrating Radar - - - - - 16,000 16,000 WW1906 Meeting House Branch Swr Repair - 40,100 19,222 20,900 - - - WW2003 Puncheon Run PS Imp. - 12,700 - 12,700 - - - WW2101 Inflow/Infiltration Removal - 625,800 467,213 158,600 158,600 - 158,600 WW2103 College Rd PS Replacement - 2,600 2,250 300 - - - WW2105 Turnberry PS Replacement - 1,400 - 1,400 - - - WW2201 Inflow/Infiltration Removal 419,000 233,700 - - - - WW2202 Misc. Emergency Repairs 155,000 214,000 203,164 10,836 - - - WW2203 Turnberry PS Replacement 43,000 43,000 18,344 24,656 24,700 - 24,700 WW2204 Heatherfield PS Replacement 12,000 12,000 7,539 4,461 - - - WW2207 Persimmon - 117,300 117,257 43 - - - WW2303 Misc. Emergency Repairs - - - - - 160,000 160,000 WW2304 College Rd PS Replacement - - - - - 580,000 580,000 WW2305 GIS Utility Upgrade - - - - - 20,000 20,000 WW2308 Heatherfield PS Replacement - - - - - 45,000 45,000 WW2309 Cedar Chase PS Replacement - - - - - 14,000 14,000 Wastewater Management $ 831,200 $ 1,513,800 $ 903,370 $ 376,796 $ 326,100 $ 1,012,000 $ 1,338,100 Total Wastewater Capital Project Fund $ 831,200 $ 1,514,000 $ 903,484 $ 376,896 $ 326,100 $ 1,012,000 $ 1,338,100 Total Increase in Water/Wastewater I & E Fund Automobiles-Purchase 28,500 27,400 27,396 4 - - - EE2202 SCADA Master Hardware Replacement 550,000 550,000 138,438 411,563 411,600 - 411,600 EE2208 UPS Batteries 6,800 7,200 7,150 50 - - - EE2209 FLIR Camera 15,000 15,000 13,433 1,567 - - - EE2113 ArcFM Migration to Electic - 97,000 90,931 6,069 6,100 - 6,100 EE2114 Iplan Table - 500 458 42 - - - EE2304 Substation Component Replacement - - - - - 30,000 30,000 EE2315 SCADA Upgrade - - - - - 100,000 100,000 EE2316 Elec Admin & SS Cameras - - - - - 50,000 50,000 EE2216 SS Transformer Oxidation Inhibitor 130,000 99,600 91,171 8,429 - - - EE2211 LED Lighting Conversion 175,000 509,900 494,183 15,717 - - - EE2213 Transmission Line Maint. Prog. 50,000 78,000 39,820 38,180 - - - EE2005 College Rd Consolidation - 13,900 11,202 2,698 - EE2313 Transmission Line Maint. Prog. - - - - - 50,000 50,000 EE2215 Garrison Oak/Sun Park SS 7,000,000 7,000,000 178,074 6,821,926 6,821,900 - 6,821,900 EE2016 Garrison Oak Tech Park SS - 599,100 39,273 559,827 559,800 - 559,800 EE2204 Bacon Ave & Buckson Drive 160,000 160,000 160,000 160,000 - 160,000 EE2205 Kentwood Trailer Park 73,000 4,300 4,300 - - - EE2206 Bay Road UG 50,000 - - - - - EE2207 Poplar Lane 21,000 1,000 1,000 - - - EE2214 Townsend Blvd 203,000 149,000 112,987 36,013 - - -

Exhibit A City of Dover Fiscal Year 2022/2023 Budget First Amendment Capital Investment Plan Amendments Fiscal Year 2022 Fiscal Year 2023 Original Revised Prior Carry FY23 Revised CIP CIP Fiscal Year FY22 Forward Year FY23 CIP Project # Title Budget Budget Expenses Balance Balance Budget Budget EE2218 US Corrugated Back-up Feed 250,000 250,000 248,994 1,006 - - - EE2219 McKee Switchyard Configuration 240,000 187,000 187,000 187,000 - 187,000 EE2021 Rt. 8 & Rt. 15 Pole Design - 24,400 24,323 77 - - - TD2213 College Rd Commissioning - 37,200 37,131 69 - - - EE2223 Rt. 8 Steel Pole/SABRE Industries - 40,000 38,487 1,513 - - - EE2224 Dover Downs Breaker Rebuild - 20,000 12,100 7,900 - - - EE2106 Capitol Green Secondary - 1,800 1,732 68 - - - EE2110 Division Street OH Rebuild - 13,400 2,269 11,131 - - - EE2303 Towne Point Conversion - - - - - 360,000 360,000 EE2308 Electric Admin Access gate - - - - - 15,000 15,000 EE2312 Small Cell Wireless Imp. - - - - - 30,000 30,000 EE2317 ArcFM Migration to Electic (cont.) - - - - - 110,000 110,000 Elec. Engineering $ 8,952,300 $ 9,885,700 $ 1,609,552 $ 8,276,148 $ 8,146,400 $ 745,000 $ 8,891,400 EE2101 Reed Street IT Room Generator $ - $ 52,600 $ 4,425 $ 48,175 $ 48,200 $ - $ 48,200 EE1819 Reed Street HVAC Overhaul 1,575,200 40,000 - 40,000 - - - EE2009 2020 Electric Admin. Facility Improvments - 342,800 342,750 50 - - - EA2101 Reed Street Shingled Roof - 185,100 131,809 53,291 - - - EA2103 2021 Electric Admin. Facility Improvments - 22,400 21,200 1,200 - - - EA2202 2022 Admin Facility Improvements 138,000 133,000 40,108 92,892 92,900 - 92,900 EA2203 Weyandt Hall Facility Improvements 130,000 135,000 8,361 126,639 126,600 - 126,600 EA2205 Reed Street Security Upgrades - 72,100 29,711 42,389 42,400 16,300 58,700 EA2304 Reed Street HVAC Overhaul - - - - - 1,500,000 1,500,000 EA2309 Admin Rear L:ot Renovation - - - - - 70,000 70,000 Electric Admin $ 1,843,200 $ 983,000 $ 578,364 $ 404,636 $ 310,100 $ 1,586,300 $ 1,896,400 Automobiles-Purchase $ 28,200 $ 36,600 $ 36,600 $ 36,600 $ 214,400 $ 251,000 Trucks - 415,400 415,400 415,400 - 415,400 Other Equipment 132,600 132,600 128,897 3,703 - 364,500 364,500 EE2220 Emergency Component Replacement 60,000 189,400 193,046 (3,646) - - - EE2321 Emergency Component Replacement - - - - - 65,000 65,000 Various Ug Transformers 360,000 226,400 278,737 (52,337) - 650,000 650,000 Various Ug Conductors/Devices 580,000 833,600 472,648 360,952 - 500,000 500,000 Various Meters 160,000 40,000 71,190 (31,190) - 250,000 250,000 TD2314 CT Site Repairs & Maint. - - - - - 32,000 32,000 Electric T&D $ 1,320,800 $ 1,874,000 $ 1,144,518 $ 729,482 $ 452,000 $ 2,075,900 $ 2,527,900 EG2105 Exciter Replacem @ VanSant $ - 119,600 $ 119,514 $ 86 $ - $ - $ - EG2102 Plant Decommissioning - 990,900 187,740 803,160 803,200 4,000,000 4,803,200 EG2201 VanSant Office Trailer 70,000 70,000 21,258 48,742 48,700 - 48,700 EG2104 McKee Run Unit 3 Aux Sys Components - 28,200 26,373 1,827 - - - EG2202 Van Sant Case Repairs - 934,400 934,322 78 - - - EG2203 Plant Decommisioning 9,000,000 8,100,000 100,096 7,999,904 7,999,900 - 7,999,900 Electric Generation $ 9,070,000 $ 10,243,100 $ 1,389,303 $ 8,853,797 $ 8,851,800 $ 4,000,000 $ 12,851,800 Other Equipment - - - - - 44,300 44,300 Electric Meter Reading $ - $ - $ - $ - $ - $ 44,300 $ 44,300 FN1701 Purchase of ERP System $ 500,000 $ 1,556,700 $ 89,345 $ 1,467,355 $ 1,467,400 $ 500,000 1,967,400 $ 500,000 $ 1,556,700 $ 89,345 $ 1,467,355 $ 1,467,400 $ 500,000 $ 1,967,400 Total Electric I & E Fund $ 21,686,300 $ 24,542,500 $ 4,811,081 $ 19,731,419 $ 19,227,700 $ 8,951,500 $ 28,179,200 Total Increase in Electric I & E Fund

Item 2. rNTRODUCED _ COUNCIL ACTION _ EFFECTIVE DATE _ BMB/M&S Draft, 10/26117 City of Dover, Delaware Resolution No. Introduced by: ----- A RESOLUTION adopted pursuant to Chapter 17, Title 22 of the Delaware Code (the "Municipal Tax Increment Financing Act") and Chapter 18, Title 22 of the Delaware Code (the "Municipal Special Development District Act", and collectively with the Municipal Tax Increment Financing Act, the "Acts") providing for the designation of property in the City of Dover, Delaware as a TIF district for purposes of the Municipal Tax Increment Financing Act (the "TIF District") and for the designation of a separate area within the TIP District as a special development district for the purposes of the Municipal Special Development District Act (the "Special Development District", and collectively with the TIF District, the "Districts"); creating certain special funds pursuant to the Acts; providing for the deposit and use of moneys in such special funds; pledging that the City will allocate and divide property taxes on real property within the TIF District so that the portion of the real property taxes levied on the amount by which the assessable base of the real property in the TIF District exceeds the original assessed value (the "Tax Increment") will be allocated and paid into one of the special funds, and providing for the levy and collection of special taxes or ad valorem taxes to be deposited to the other special fund in the event the real property taxes levied on the Tax Increment and other revenues, including the toll revenues pledged by the State of Delaware Department of Transportation, the real property taxes levied on the Tax Increment by Kent County, Delaware, and the real property taxes levied on the Tax Increment by the Capital School District and the Polytech School District, are or will be insufficient to pay debt service on certain bonds issued under the Acts; making a finding that the use of the land in the Special Development District is consistent with the comprehensive plan for the area; and providing for, finding, and determining matters in connection therewith. By the Council, ----- , 2017 Introduced and read first time. [Public Hearing ,2017] By Order, _ ADOPTED: By the Council, , 2017 Certified,, _ Approved by the Mayor of the City , 2017 Robin Christiansen, Mayor 45

Item 2. CASE STUDY Tax Increment Financing District South Burlington, Vermont Population: 42,645 46

Item 2. Reasons for a TIF District  The City Center vision is a downtown that provides the core identity for South Burlington  Up to the City to provide this public realm, and to ensure that the infrastructure is in place to facilitate the mixed-use buildings that create a vital downtown  A TIF District is one of the few State programs to stimulate economic growth available directly to municipalities. This TIF District Plan, once adopted by the City, clears the path to allow the District to retain 75% of the increases in education tax revenue generated within the boundaries over a twenty-year period. These revenues also will be matched by 75% of the municipal tax increment (increase over current value) revenues in the district  Over the twenty-year period, this state and local increment revenue is held separately from the rest of the City’s finances and may be used only to pay for public infrastructure related debt  This new mixed-use walkable downtown will support an estimated 10% increase in the City’s housing stock – eight hundred to twelve hundred  A vibrant South Burlington downtown will also attract new and growing businesses to locate in Vermont and in South Burlington 47

Item 2. Reasons for a TIF District cont.  The TIF District will provide for sufficient public investment to support development that otherwise would not be initially supported by the market  The TIF District is essential to the development of City Center as the size of public investment required exceeds the City’s capacity to otherwise fund the proposed infrastructure projects  The public infrastructure projects are divided into three categories – environmental, placemaking, and circulation  Incremental development will improve the long-term economic viability and sustainability of the TIF District  City Center offers opportunities to create a new retail atmosphere; a place for cozy, comfortable, outdoor shopping.  The attraction of many people on foot will increase visibility of commercial spaces adjacent to the green and support the ability of property owners to build the ground floor for and lease the ground floor to restaurant and retail establishments.  Parking garages will be essential to the ability of City Center properties to support development that is constructed with downtown type buildings – the most efficient use of this property The total future need for structured parking is estimated to be in excess of 40 million dollars.  The City intends to use TIF District debt to build one public parking structure of approximately 400 spaces 48

Item 2. Reasons for a TIF District cont.  The TIF District Plan will generate vitality through the development of 1) great landscaped streets and associated facilities which support cars and trucks, 2) a public green and associated streets that supports festivals and other programming, 3) anchoring City Center with a recreation, library, and city services building(s); and 4) creatively designed parks and natural areas that knit neighboring communities, commercial areas and institutions to the City Center  Public infrastructure and improvements would not be built unless financed with the incremental municipal property tax revenues and state education property tax revenues. The City has insufficient funds to implement these infrastructure improvements  The City had had a capital improvement program in place since 1999. This program has included streets related to City Center, a City administrative building, a new library, and a recreation building. Since that time, 13 years, the City has been unable to fund the development of these projects. The scale of funding needed, $70,000,000 is beyond the City’s capacity to reserve or borrow. The City’s rainy day fund and reserve funds are currently at less than $200,000. 49

Item 2. “But For Test”  But for the development of structured parking and offsetting future structured parking costs with the provision of a connected street network and other infrastructure improvements, larger properties would not be able to develop beyond two to three stories and smaller properties might not find it cost effective to develop at all  But for the development of a complete street network to reduce parking need, development costs would be too high given structured parking and the higher cost of mixed-use infrastructure  But for the development of a sense of place, there would be less market demand for retail and office, less support for the premium lease rates.  But for the TIF district revenues, over time, South Burlington will cease to grow significantly as a retail destination and that City Center will fail to support additional restaurants  But for the TIF district financed infrastructure, buildings would be one quarter to one half the square footage that they would otherwise be, and some parcels would never develop.  But for the TIF district financing, a greater portion of the development would be less likely to contain the office and business uses that generate new higher salaried jobs. 50

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Item 2. Expected TIF Revenue  As the area will be built out incrementally, the revenue projection also grows incrementally  By not financing until 2017, as allowed under TIF statute, the City defers the initiation of the 20-year term during which the City may retain revenue  These revenues are based on the construction of 1.35 million square feet between 2013 and 2036 projection, includes 776,000 square feet of residential, approximately 500,000 square feet of commercial, and 75,000 square feet of civic buildings which will generate no tax revenue at all  The total projected incremental tax revenues are above the financing needed to cover interest costs on the bond  The tax rates used to generate these numbers include a yearly inflation of 1.74% in the municipal tax rate (the City average over the past 20 years), and 2% for the State education tax rate, as provided by the State 57

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