SECTION 11.

UTILITY FEES AND CHARGES

A. There is hereby established, for the Fiscal Year 2009, Utility Fees as scheduled herewith:

WATER RATES:

Meter

Base Charges:

Size

Cary*

Morrisville*

(for water and irrigation

services)

5/8" & 3/4"

$3.07

$5.00

1"

$6.61

1 1/2"

$21.71

2"

$26.41

3"

$71.08

4"

$107.70

6"

$132.94

Residential Charge (per 1,000 gallons)

Cary*

Morrisville*

Tier 1 (usage 0 - 5,000 gal.)

$3.28

$3.87

Tier 2 (usage 5,001 - 8,000 gal.)

$3.75

$3.87

Tier 3 (usage 8,001 - 23,000 gal.) or up to water budget amount

$5.33

$5.49

Tier 4 (usage > 23,000 gallons) or over water budget amount

$10.83

$11.17

Non-Residential & Multifamily Charge (per 1,000 gallons)

Tier 1 (usage 0 - Water Budget Amount)

$3.75

$3.87

Tier 2 (usage > than Water Budget Amount)

$11.88

$12.26

Single-Family Potable Irrigation (per 1,000 gallons)

Tier 1 (usage 0 - 15,000 gallons) or up to water budget amount

$5.33

$5.49

Tier 2 (usage > 15,000 gallons) or over water budget amount

$10.83

$11.17

Non-Residential & Multifamily Irrigation (per 1,000 gallons)

Tier 1 (usage 0 - Water Budget Amount)

$6.38

$6.58

Tier 2 (usage > than Water Budget Amount)

$11.88

$12.26

Reclaimed Water Rate (Non-potable Irrigation) (per 1,000 gallons)

$3.28

$3.87

SEWER RATES:

Base Charges:

Meter Size

Cary*

Morrisville*

5/8" & 3/4"

$3.07

$5.00

1"

$6.61

1 1/2"

$21.71

2"

$26.41

3"

$71.08

4"

$107.70

6"

$132.94

Volume Charge - All Users (per 1,000 gallons)

$5.77

$7.34

*For retail utility customers outside the corporate limits of the Town of Cary or the Town of Morrisville, the respective charges for water and/or sewer shall be triple the charges herein established.

SECTION 12.

SANITATION FEES

There is hereby established, for Fiscal Year 2009, a Sanitation Fee of $14.00 per month.

SECTION 13.

UTILITY CONNECTION FEES SCHEDULE

There are hereby established, for Fiscal Year 2009, Utility Connection Fees as contained in Attachment A.

SECTION 14.

FEES SCHEDULE

There is hereby established, for Fiscal Year 2009, various fees as contained in Attachment A.

SECTION 15.

LEVY OF TAXES

There is hereby levied, for Fiscal Year 2009, an Ad Valorem Tax Rate of $0.33 per One Hundred Dollars ($100.00) valuation of taxable property as listed for taxes as of January 1, 2008, for the purpose of raising the revenue from current taxes as set forth in the foregoing estimates of revenues, and in order to finance the foregoing applicable appropriations. This rate of tax is based on an estimated assessed valuation of $19,497,885,003.

SECTION 16.

LEVY OF TAXES

There is hereby levied, for Fiscal Year 2009, a Tax on Gross Receipts derived from retail short-term motor vehicle leases or rentals of one and one-half percent (1 1/2%) of the gross receipts from the short-term lease or rental of vehicles at retail to the general public as defined in Section 105.871.1 of the North Carolina General Statutes.

SECTION 17.

AUTHORIZED POSITIONS

A. There is hereby established, for Fiscal Year 2009, a schedule of authorized positions, as contained in Attachment B.

B. Position authorizations (new positions) are initially established by the annual budget ordinance.

C. Any new positions needed during the fiscal year outside of the annual budget process must be approved by the Town Council.

D. Any changes to non-exempt positions may occur during the fiscal year as authorized by the Town Manager.

E. Any changes to exempt positions (other than grade increases) may occur during the fiscal year as authorized by the Town Manager.

F. Any grade increases to exempt positions must be approved by the Town Council.

SECTION 18.

MARKET ADJUSTMENT

There is hereby authorized for Fiscal Year 2009, a market adjustment increase of 3% to the Town's pay table, as included in Attachment C.

SECTION 19.

SPECIAL AUTHORIZATION - BUDGET OFFICER

A. The Budget Officer shall be authorized to reallocate appropriations within functions, and amounts of various line accounts not organized by departments, as deemed necessary.

B. The Budget Officer shall be authorized to execute interfunctional and interdepartmental transfers within the same fund.

C. Utilization of appropriations contained in contingencies may be accomplished by the Town Manager and notification of all such transfers shall be made to the Town Council at its next meeting following the date of transfer.

D. The Budget Officer shall be authorized to make interfund loans as necessary to meet cash flow needs. The Budget Officer may make advances to the various Internal Service Funds, for working capital purposes, without additional approval from the Town Council.

E. Interfund transfers, established in the Budget Ordinance, may be accomplished without additional approval from the Town Council.

SECTION 20.

SPECIAL AUTHORIZATION - BUDGET OFFICER

Interfund and Interdepartmental transfer of monies, except as noted in Section 19, paragraphs C, and D, and Section 22, paragraphs A and B, shall be accomplished by Town Council authorizations only.

SECTION 21.

UTILIZATION OF BUDGET ORDINANCE

A. This ordinance shall be the basis of the financial plan for the Cary Municipal Government during the 2008-2009 Fiscal Year. The Budget Officer shall administer the Budget and ensure that operating officials are provided guidance and sufficient details to implement their appropriate portion of the Budget.

B. The Finance Department shall establish and maintain all records which are in consonance with this Budget Ordinance, and the appropriate Statutes of the State of North Carolina.

SECTION 22.

SPECIAL AUTHORIZATION - TOWN MANAGER

A. The Town Manager shall have the power to authorize the transfer of funds out of the employee pay plan accounts in the General Fund, Utility Fund and Fleet Management Fund, into departmental accounts to fund performance award and reclassification increases for individual employees.

B. The Town Manager shall have the power to authorize the transfer of funds out of the departmental allocation accounts in the General Fund and Utility Fund into departmental accounts.

SECTION 23.

REAPPROPRIATION OF FUNDS ENCUMBERED IN FY 2008

Operating funds encumbered on the financial records as of June 30, 2008, are hereby reappropriated to this budget.