Tarboro council OKs $42.2M spedning plan
BY COREY DAVIS
Tuesday, June 19, 2018
TARBORO — The Tarboro Town Council approved a new budget for fiscal year 2018-19 at its recent monthly meeting.
The spending plan features a small raise for employees, a new stormwater fee, replacement of three police vehicles and the addition of two positions.
The overall budget will be $42,270,644, which is higher than last year’s $40,282,117. The proposed ad valor tax rate for the upcoming fiscal year is to remain at 41 cents per $100 valuation of $892,478,219 with a collection rate of 97.7 percent. The general fund revenues and expenditures are balanced at $10,634,143.
The budget also includes a 2 percent merit pay raise for the town’s standard employees. Two positions have been added. A code enforcement oficer will address requests from the council and citizens to more aggressively enforce nuisance regulations throughout the town. The position will be incorporated into the Tarboro Police Department.
Also, a supervisor of recreation maintenance position has been added to replace one groundskeeper in the town’s parks and recreation department.
Capital outlay items contained in the budget include funding for improvements to town parks and facilities, replacement of three police vehicles, replacement of necessary service vehicles and equipment and purchase of an evidence control system for the police department.
Town officials said a capital outlay reserve appropriation of $737,700 has been budgeted. An additonal fund balance appropriation of $132,909 has been budgeted to balance the budget.
“Through a lot of hard work by staff and the Tarboro Town Council, we are happy to adopt a conservative budget that holds the line on property taxes and utility rates, while improving services for town citizens,” said Tarboro Town Manager Troy Lewis. “This budget meets the goals of the town council and staff, while continuing to be conservative stewards of public dollars.”
Lewis said in order to provide more focused stormwater services, meet federal and state stormwater requirements, improve storewater maintenance operations and reduce flooding risks, the budget includes the implementation of a stormwater utility. The budget will reflect revenues from a stormwater fee of $3 for each residence and $3 per equivalent residential unit for each non-residential property.
“The creation of a stormwater utility will assist the town in addressing ongoing drainage issues at minimal cost to residents and businesses,” Lewis said.