1. Town of Sharpsburg FY 2008-09 Budget Presentation Prepared by Robert E. Masters Jr. Town Administrator

3. Town of Sharpsburg Annual Budget Message Fiscal Year 2008-09 TO: Honorable Sheila Williams Board of Commissioners FROM: Robert E. Masters Jr. , Administrator/ Budget Officer DATE: June 3, 2008 RE: Budget Message In accordance with the North Carolina Local Budget and Fiscal Control Act, the Town of Sharpsburg Budget Ordinance for the fiscal year beginning July 1, 2008 is presented herewith for your review and consideration. On the date the Budget is submitted to the Board of Commissioners, a copy was filed in the Office of the Town Clerk where it shall remain for public inspection until adoption. North Carolina General Statutes (GS 150-13(a)) direct that the Budget Ordinance and Tax Rate adoption take place no later than July 1, 2008.

4. Public Hearing Required by Statute A public hearing date has been scheduled for 6:30 p.m., June 17, 2008 in the Town Hall. North Carolina General Statute 159-12 requires this date to be published and said hearing held before the Commissioners adopt a Budget Ordinance.

5. Town Revenues

7. How Funds Are Expended

9. Comparing Spending to Prior Year