Highlights of the FY 2017-2018 budget:
- No change in the General Fund millage rate of 5.4945 mills
- Use of approximately $426,220 of General Fund available fund balance
- Three (3) percent reduction in Electric Utility rates
- Increase in Local Sewer rates of 5% to offset increased capital projects costs related to the East Central Regional (ECR) Facility.
- Increase in Water rates of 2.75% to offset capital projects costs including the 2” watermain replacement.
- No changes to Sanitation and Stormwater rates
- No changes to parking rates
With the $40 million bond money for roads and the $14-16 million being used in the electric utility upgrade, we should be sitting pretty. Don't screw around with our beach.
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