Mount Airy approves budget of $1.4 million

May 03, 1994|By Jackie Powder | Jackie Powder,Sun Staff Writer

Mount Airy's Town Council approved last night a $1.4 million operating budget for fiscal 1995 that holds the town's property tax rate at 60 cents per $100 assessed valuation.

The property tax is expected to generate $660,000 in revenue for the town.

Other sources of revenue include county and state grants and various fees.

The current fiscal year budget is $1.1 million.

The 1995 budget includes significant increases in the town's road reconstruction and contingency funds.

For road repairs, official expect to spend $250,000 in fiscal 1995. This compares with $40,000 for this year.

"The roads are downgraded and need an awful lot of work at this point," said Council President Delaine Hobbs.

The council increased the town's contingency fund from $80,000 to $108,787 in the new budget.

During a public hearing last night before the council meeting, Barbara Darneal questioned the large increase in the fund.

Mr. Hobbs said that the contingency fund will be used to pay for upgrades to the town's wastewater treatment plant and improvements to the pumping stations.

Mayor Gerald Johnson said the money from the contingency fund also will be used to cover anticipated increases in tipping fees at county landfills.

"We're not going to spend it just because it's there," Mr. Johnson said.

Other items in the $1.4 million budget include $250,000 for the resident state trooper program, $300,000 for waste collection and a $55,000 contribution to the town's Fire Department and ambulance fund.

The parks and recreation budget of $166,518 includes $138,000 for improvements to the Twin Ridge ball fields.

Water and sewer charges and hookup fees are expected to bring in revenues totaling $657,500.

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