Church Hill, Mount Carmel won’t have property tax hikes in 2013-14

Jeff Bobo • May 22, 2013 at 10:36 PM

CHURCH HILL — Neither Church Hill nor Mount Carmel will be faced with a property tax increase this year. One city was blessed with a slight budget surplus, and the other will be using savings to balance its budget.

The Church Hill Board of Mayor and Aldermen approved the first reading of its 2013-14 fiscal year budget on Tuesday with the same property tax rate of $1.1034 per $100 of assessed property value.

Church Hill City Recorder Mark Sandidge told the Times-News on Wednesday the city is expected to end the 2013-14 fiscal year with about $350,000 in reserve funds.

General fund revenue is projected at $3.852 million in 2013-14, up from $3.739 million in 2012-13 and $3.456 million in 2011-12.

Sandidge attributed the revenue increase mainly to upturns in the economy and increased sales tax revenue.

“Our revenues continue to improve on our sales tax, and that’s helped quite a bit,” Sandidge said. “And we just continue to watch our expenses. There aren’t really any new big expenditures in the (2013-14) budget. We’re just trying to maintain.”

The budget does provide a 25 cent per hour pay increase for all city employees.

The Mount Carmel BMA will be presented with a balanced budget keeping the same $1.38 property tax rate when it meets Tuesday at 5:30 p.m.

The town will use $153,000 in savings, but there will still be a projected $2.3 million in reserve funds at the end of the 2013-14 fiscal year.

Most, if not all, of the $153,000 used to balance the budget is expected to come from funds that weren’t spent in the 2012-13 fiscal year.

Among Mount Carmel’s biggest new expenditures in 2013-14 are a new roof on the public works building, a new tractor and boom for public works, 12 sets of bunker gear for the fire department and a new police radio repeater and radios for the narrow band switchover.

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