Municipalities in the county have completed and adopted their new fiscal year budgets, with several making adjustments to tax and water rates.
“The Boonville town budget was adopted June 6 at the regularly scheduled Town Board meeting,” said Town Administrator Sarah Harris. “The town of Boonville is committed to striving for the highest level of public service while preserving, protecting, and enhancing the quality of life in the community. In order to accomplish these goals, we must maintain strong financial health.
“The priorities that are reflected in the budget include water and sewer infrastructure improvements, economic development and equipment purchases for the Public Works Department. As a result of these priorities, the budget includes a minimal increase in water and sewer rates to pay for the water and sewer infrastructure projects. The budget was also passed with a minor tax increase, bringing the rate from 46 cents to 48 cents per $100 valuation of property.”
The Boonville water and sewer rate was raised to $48.07 from $51.27 for town residents using up to 2,000 gallons per month.
“The increase of the rate for property taxes was proposed based on the loss of value of properties in the area which were reported in the reappraisals received from the county,” added Harris. “Significant cuts were made throughout each department to offset the decrease in revenue. However, in order to continue providing the same level of service to our residents there was a need for a minimal increase of two percent in property taxes. The last time an increase was made was in fiscal year 07-08.”
An overview of the adopted budget, budget ordinance, and schedule of fees can be found at www.boonvillenc.com.
The Yadkinville town budget was approved with no increases to water, sewer or tax rates. The 2017-2018 recommended budget totaled $4,724,373 for all town operations, capital improvements and debt service requirements, an increase of about $78,893 or 1.7 percent from the 2016-2017 budget.
No tax increase was recommended, although the Revenue Neutral Tax Rate calculates a tax rate increase from 42 cents to 47.05 cents, a 5.05-cent increase, due to 2017 property tax revaluations and an average growth rate of 3.94 percent from the last revaluation in 2011.
The East Bend town budget was passed on May 8. No tax, water or sewer rate increases were recommended. The tax rate remains 48 cents per $100 valuation. City limit water rate for the first 1,000 gallons remains at $45.02 and $10.71 for each additional 1,000 gallons. The water rate outside the city limit is $61 for the first 1,000 gallons and $12.71 each additional 1,000 gallons.
Sewer rates remain at $50 residential for the first 1,000 gallons and $5 for each additional 1,000 gallons inside the city limits. Industrial and Commercial rate is $62.50 for the first 1,000 gallons and $7.50 each additional 1000. Sewer rates for outside city limits is $105 for the first 1,000 gallons and $10 each additional 1,000.
Kitsey Burns Harrison may be reached at 336-679-2341 or on Twitter and Instagram @RippleReporterK.