Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Municipal Finance topic
No spam. Unsubscribe anytime.
Milton reviews January finances, ARP guidance and plans engineering RFQ and new website
Summary
Finance Officer Sharon Williams reviewed January balances and the council discussed a $50,000 state allotment for engineering studies (RFQ to multiple firms), ARP revenue-replacement guidance and a proposed town website and .gov email changes.
Milton’s finance officer presented January fund statements and the council discussed next steps for capital planning, ARP funds and a town website at the Feb. 7 meeting.
Sharon Williams reported the General Fund was at roughly 60% of expected revenue and 59% of expenditures through January; the Water/Sewer Fund’s revenue was about 54% (below its target) with expenditures at 55%. She noted a main sewer break occurred in January. Account balances cited included a General Fund reconciliation of $16,500; Water/Sewer fund $25,592; North Carolina State Capital SCIF Fund $50,095; ARP account $47,384; and the North Carolina Capital Management Trust account $125,920.
Mayor Patricia Williams described a $50,000 state allotment intended to support a preliminary engineering report or Capital Improvement Plan and said the town must issue a Request for Qualifications (RFQ) to several engineering firms per the Minnie Brooks Act (N.C. Gen. Stat. 143‑64.31). "Give them thirty days after we send it," she said in discussing a proposed March 17 deadline for responses.
The council discussed website options with Commissioners Sottile and Garrard reporting outreach to CivicPlus. Officials said the Treasury Department suggested moving to .gov email addresses for security, while staff flagged manageability concerns.
Mayor Williams also relayed guidance from municipal counsel Harold Owen about July 2022 ARP rule changes that allow 'revenue replacement'—the town could use ARP funds to reimburse past water-fund maintenance costs. The mayor said the town paid about $72,000 last year for water maintenance; councilors approved a Record Retention Policy to document ARP spending and ensure records are available to federal personnel for five years.
The council did not set final RFQ text or website vendor but agreed to continue drafting and circulate requirements to prospective firms.
