Councils keep tax rate constant
|By Shannon Beamon, The Stanly News & Press, Albemarle, N.C.|
|McClatchy-Tribune Information Services|
Both municipalities will see increases in service rates, though.
Commercial rates will increase approximately 3 percent, from
"That's the cost that's hurting us the most," Town Clerk
Both the county and
"We had to make up some of the extra expense there," Capps said.
Overall the town anticipates a balanced budget of about
The largest expense increases are from staff salaries and additional equipment since the town took on a new employee at the end of this fiscal year and aims to purchase a new tractor in the next.</p>
Other municipalities in the county have increased waste pick-up rates as well.
Even with the increase,
Some of that extra budget money will go toward a 6 percent salary increase for police and village staff. About 1.5 percent is a cost of living expense, but the rest is for merit and market adjustments.
"Entry level police officer salaries are below the area minimum comparable salaries," the village's budget memo states.
"Salaries must be periodically analyzed and evaluated to maintain market comparability in order to attract and retain qualified personnel."
To back that move,
The value of village employment will be increased further with benefit coverage. The village will assume the 20 percent increase in health insurance premiums that accompanied the new health insurance system, a 10 percent increase in dental insurance premiums and maintain a 401(k) employer contribution rate of 5 percent for eligible employees.
However, the budget does not continue to cover dependent health/dental insurance. In previous budget discussions, Police Chief
Other points of interest in the budget include increased investment in the
The police department will receive
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