On April 16, the Town Manager presented the Mayor and Town Board of Commissioners with a balanced Proposed Budget for Fiscal Year 2019-20, covering the period of July 1, 2019 through June 30, 2020. The Mayor and Town Board will hold a Worksession on this budget on Tuesday, April 30 at 5:30pm at Town Hall.
The public is invited to comment on the budget at a public hearing on Tuesday, May 7 at 7:00pm at Town Hall.
Important items to note in the Fiscal Year 2019-20 Proposed Budget include:
Revenues
- Property tax rate remains at $0.48 per $100 assessed value
- No fee increases to waste collection
- Municipal vehicle tax increase from $10 to $20 per registered vehicle
- Reduction in street development fees for multi-family units
Administration
- Communications partnership with EWTV and Town of Wendell
Finance
- Addition of Human Resources Analyst position
Community & Economic Development
- Implementation of the Economic Development Strategic Plan
Planning
- Transit study in conjunction with the Town of Wake Forest
- Update to the Community Transportation Plan, last update was in 2002
- 2020 Census campaign publicity
Police
- Additional Police Officer to provide for two Officers and one Sergeant on each shift
- Routine radio and vehicle fleet replacement per schedule
Public Works
- Additional funding for wayfinding signage program
- Conduct stormwater assessment to determine future municipal needs
- Purchase of a replacement mower and lease of a backhoe
- Implement contracted street sweeping service
- Resurfacing program for priority streets
Parks and Recreation
- Existing Special Events Program Coordinator from permanent part-time to full-time
- Update to the Open Space and Greenway Plan, last update was in 2002
Special Appropriations
- Capital contribution, from debt service lapse and equivalent of three cents of the tax rate
- Increase in partnership agreement with Chamber of Commerce
- Continuation of costs due to compensation and classification study, effective April 13, 2019
- Retirement system contribution increase per pension system requirements
Capital Projects
- Main Street Vision Plan, including Burlington Mills Road realignment
- Master site plan for athletic/cultural facility on Town-owned 116 acres
- Town Hall maintenance for rear parking area and customer service area/security