The Franklin News-Post|
P. O. Box 250
310 Main Street, SW
Rocky Mount, Virginia 24151
|Spending plan includes no tax, fee increases for next year|
Wednesday, April 16, 2014
By KEN BRADLEY - Staff Writer
Rocky Mount Town Council was presented Monday night with a $6.5 million budget plan for fiscal year 2014-15 that includes no tax or fee increases for town residents.
In addition to the general fund proposal, town Manager James Ervin presented council with an $11.1 million five-year capital improvement plan (CIP).
The budget proposal includes a 3-percent pay increase -- a 0.5 percent cost of living adjustment and a 2.5 percent, one-step increase -- for town employees.
The general fund budget includes most services that town residents receive, including public safety, public works, building and grounds, community development and administration.
The proposed budget reflects a decrease of $2.3 million from the current fiscal year budget, which is more in line with a normal budget year, according to assistant town Manager Matt Hankins. This year's budget reflects $2.6 million that was pulled from reserves to construct the new Harvester Performance Center.
The proposed spending plan sets aside $180,000 for new department services and contributes $1.2 million back to the fund balance. This breaks down to $800,000 in the general fund, $200,000 in the utility capital fund and $190,000 in the utility fund.
Ervin said new initiatives in the proposed budget include:
•the addition of a part-time horticulturalist to install, maintain and prune flowers, bushes, shrubs and trees throughout Rocky Mount as part of an overall beautification project.
•the addition of one more full-time wastewater treatment operator.
•the addition of two new police interceptor Explorers through a lease program.
•bond funding to remove Pendleton water tanks; erosion repairs at Veterans' Park; replacement of aging water and wastewater plant components; and replacement of major public works, police, fire and utility equipment.
A breakdown of expenditures in the general fund budget includes general government administration, $667,381; public safety, $1,940,602; public works, $1,494,681; building and grounds, $267,529; community development, $436,231; and miscellaneous, $1,644,148.
No capital improvement expenditures are listed for 2014-15 in the five-year capital improvement plan. Proposed expenditures recommended in the remaining four fiscal years of the CIP are as follows: 2015-16, $3,734,668; 2016-17, $1,179,500; 2017-18, $381,500; and 2018-19, $3,389,000.
The CIP is for planning purposes only and does not obligate town council to carry out any project contained therein, nor does it prohibit unanticipated capital needs to be purchased that are not part of the adopted plan.
The town's fiscal year 2014-15 begins July 1, 2014, and ends ends June 30, 2015.
Town council will hold a budget workshop on April 23 at 4:30 p.m. at the town municipal building.
The current real estate tax rate in Rocky Mount is 13 cents per $100 assessed value, and the personal property tax is 51 cents per $100 assessed value.
In other matters Monday night,council:
•approved a request for a special use permit that will allow a landmark original mural on the front of a building on Franklin Street that housed the Rocky Mount Coca-Cola Bottling Co. years ago. The building is being turned into a café by owner Bryan Hochstein.
•Approved a resolution recognizing volunteers for National Volunteer Week, which was April 6 through April 12.