FY 25 Adopted Budget | Page 89

Town Council

FY2023-2024 Accomplishments � Groundbreaking and construction of Fire Station # 5 . � Continued Revenue Savings Program to reserve a portion of annual revenue to help meet annual debt service for capital projects . � Managed fiscal policies and practices that have resulted in a credit rating of AAA by Standard and
Poor ’ s and Aa1 by Moody ’ s Investors Services . � Continued partnership with the City of Raleigh Utility Bill Assistance Program which aids low-income residents who struggle to pay their utility bill .
FY2024-2025 Objectives � Maintain a forward thinking , strategic tax rate . � Invest in maintenance of public infrastructure and facilities . � Enhance the Town ’ s existing Capital Improvement Program ( CIP ) process . � Build and maintain strong relationships with regional and community partners . � Provide quality services at a reasonable cost to residents and businesses . � Plan for orderly and stable development with a balance of residential and commercial growth . � Support top-quality infrastructure , utilities and transportation . � Provide a safe and inviting community . � Support and encourage an active and engaged citizenry . � Embrace diversity and be responsive to the changing demographics of the community . � Provide a broad mix of arts , leisure and recreation opportunities .
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