Church Hill approves balanced 2019-20 budget with $528K surplus

Jeff Bobo • May 31, 2019 at 6:00 PM

CHURCH HILL — The Board of Mayor and Aldermen unanimously approved the first reading last week of Church Hill’s proposed 2019-20 fiscal year budget with no tax increase and a $528,010 surplus.

Among the highlights of the budget are $238,000 set aside for paving and pay raises for city employees.

Full-time employees would receive a 50-cent per hour raise, and part-time employees would get another 25 cents per hour.

The only other major capital expenditure in the proposed budget is the Holliston Mills Road park project, which has $1.3 million in carryover funds from the previous budget set aside for construction of a railroad crossing and a gymnasium.

When the railroad crossing is completed, the gymnasium can be built, and the city is currently working with Norfolk Southern Railroad on the crossing design approval.

The city is projecting $6.114 million in revenue in 2019-20 and $5.336 million expenditures, which leaves an estimated surplus of $528,010.

The city is projecting a cash balance of $2.225 million as of the end of the current fiscal year on June 30.

The property tax rate will remain at $1.103.

The first reading was approved 7-0 by the BMA, and the board will consider final approval on June 18.

“I want to appreciate the board for our budget workshops,” Mayor Dennis Deal said after last week’s vote. “We had several of them. The board worked really hard on this and the taxpayers ought to really appreciate it. I do, and I’m a taxpayer.”

Deal added, “If it passes in June, no new taxes.”

Deal said he’d also like to get the paving bids advertised as soon as the budget is approved in June so the city can get its paving projects completed as soon as possible.

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