Subscribe | Advertise
Contact Us | About Us
Submit News | PDF Access

Home · News · Videos · Photos · Community · Sports · School · Church · Obituaries · Classifieds · Supplements · Webcam · Search

News



Text size: Large | Small    

No tax or water hikes in Urbanna budget proposal

by Tom Chillemi

The proposed 2013-14 (FY14) budget for the Town of Urbanna calls for no tax increases, and no increase in the water rate.

Thanks to a $84,500 surplus in the water fund for the current fiscal year (FY13), the town is able to add $43,700 to the General Fund Reserve to cover expenses; and $40,800 to the Town Water Fund Reserve, which will be used for major projects in the future, such as upgrading water lines.

Of the $43,700 surplus that will go to the General Fund, about $20,700 is earmarked to subsidize the Urbanna Town Marina at Upton’s Point. A “Marina Fund” has been created for the new budget to better track marina income and expenses.

Council member Joe Heyman, who has worked on the proposed budget, said this version contains the same amount of detail that was in previous budgets. There had been a suggestion of making a simplified budget, but the town council opted to stay with the detailed version.

The proposed budget lists anticipated pool revenues at $4,500 while pool expenses are expected to be $33,600. Heyman said he wants to make it clear what the actual pool expenses are.

The General Fund also includes receiving a $39,000 transfer from the Taber Fund. These funds are earmarked for contributions to the fire department, rescue squad, library and pool.

The total budget is $545,700—an increase of about $18,000.

The budget includes a salary for a town administrator. The town currently has an interim town administrator.

There will be a public hearing on the proposed budget on Monday, May 20, at 7 p.m. during council’s regular monthly meeting. The public is invited.

Read the rest of this story in this week’s Southside Sentinel at newstands throughout the county, or sign up here to receive a print and/or electronic pdf subscription.

posted 05.08.2013

By commenting, you agree to our policy on comments.