The Rogersville Board of Mayor and Aldermen will be presented next week with a proposed 2013-14 budget that offers a 3 percent pay hike for employees and up to $350,000 in new capital outlay spending but no tax increase.
In order to balance the proposed $5.4 million budget, $12,805 is being utilized from savings.
Based on the proposed figures, Rogersville would end the 2013-14 fiscal year with a reserve fund of about $2.2 million.
Under the proposal, the city’s property tax rate would remain at the current level of $1.67 per $100 of assessed value.
Based on the proposed figures, 2013-14 will be Rogersville’s third consecutive year without a property tax hike, which was preceded by three consecutive years with a property tax hike.
Among the new spending items added to the proposed 2013-14 budget is the 3 percent raise for all hourly and salaried employees that is projected to be a recurring $60,000 cost.
The city would also borrow $350,000 for capital outlay purchases in three departments, including:
•A new garbage truck, leaf vacuum and pickup for the streets department.
•Two industrial size mowers for the parks and recreation department
•The police department will receive three or four fully equipped new patrol cars, depending on the price, and possibly new bulletproof vests.
City Recorder Bill Lyons said the numbers budgeted for those purchases are estimated because they will all have to be advertised for bids.
The Rogersville Board of Mayor and Aldermen meets in regular session May 14 to consider the first of three required readings on the 2013-14 budget.