Click for NEWS Click for SPORTS Click for ACCENT Click for COLUMNS Click for OPINION Click for OBITUARIES Click for CALENDAR Click for CLASSIFIEDS Click for ARCHIVES Click for LAKE  
 Friday, May 24, 2013
Serving The Land Between the Lakes - Philpott and Smith Mountain
News Search   

 

The Franklin News-Post
P. O. Box 250
310 Main Street, SW
Rocky Mount, Virginia 24151
540-483-5113
Fax: 540-483-8013

The Willard Companies - Click for Website
Boones Mill Council approves amended budget
August meeting was the first in new council chamber
Click to Enlarge
Courtesy Photo: This is a view of a portion of the Boones Mill Town Council’s new meeting room. The table and seats were donated to the town by the Franklin County Board of Supervisors. The new meeting room was used for the first time at council’s Aug. 14 meeting.

Wednesday, August 22, 2012

By KEN BRADLEY - Staff Writer

An amended 2012-13 fiscal year budget totaling $319,765 was approved last week by Boones Mill Town Council following a public hearing on the changes.

The major changes in the budget include increasing the meals tax from 4 percent to 5 percent, setting the real estate tax at 12 cents per $100 assessed value and increasing water rates.

The budget that was adopted before the revisions totaled $307,790, including the general fund and water/sewer fund.

The initial budget had set the real estate tax at 14 cents per $100 assessed value. It had also budgeted $5,000 from a cigarette tax of 25 cents per pack. However, the cigarette tax was rescinded after a number of residents protested the tax, along with the real estate tax hike.

In the amended budget, the water rates will charge a $1 base fee for in-town customers and a $1 surcharge increase for out-of-town water customers, according to Town Manager Lynn Frith.

In addition to the $1 base fee, a fee of $5 will be charged for every $1,000 of water used by a customer. The fee had been $4.

The average water customer in Boones Mill uses about 3,000 gallons of water a month, Frith said.

Several citizens opposed the increases in water rates during the public hearing last week. Some also said the gross receipts tax was too high.

The revised budget includes general fund expenditures and revenues of $169,765 and water/sewer fund expenditures and revenues of $150,000.

 
Weichert - Click for Website
Penny Hodges - Click for Website
Billy and Julie Kingery - Click for Website
Angie McGhee-Quality Realty - Click for Website