WEDDINGTON – With the board’s decision earlier this spring to create a municipal fire service, residents can expect a change in their property taxes for fiscal 2012-13.
Under this new municipal fire service, Weddington residents will no longer be paying the $100 fee for services from Providence and Stallings Volunteer Fire Departments.
Instead, that fee has been dropped and 2.2 cents has been rolled into residents’ property tax rates.
The previous tax rate was 3 cents, but after a public hearing June 11 at 7 p.m., if the board moves to adopt the proposed budget, the tax rate will increase to 5.2 cents per $100 of assessed property value.
Mayor Walker Davidson said because they did away with the fees the county collected, most residents won’t see an increase or decrease in their taxes. It all depends on the value of their homes.
In the new budget, Stallings VFD is slated to get $48,000 for its coverage of the eastern part of the town, while Providence VFD is set to get about $660,000 for its services to the rest of town.
The proposed budget for 2012-13 is $1.76 million, about $540,000 more than last year – because of the change in the municipal fire service.
But the increase in ad valorem taxes, about $960,000 for 2012-13, will help with that, as well as a boost in local option sales tax revenues. The town also is set to receive about $62,500 in subdivision fees, for 175 new parcels the planning department anticipates being constructed next year, which will help cover some of its costs.
On the expenditure side, the town has added about $40,000 to its line item for attorney fees and cut about $13,500 from events and publications.
Finance officer Leslie Gaylord said the attorney fees were budgeted higher this year in anticipation of additional contract negotiations between the town and Providence and Wesley Chapel Volunteer Fire Departments.
The town also has budgeted about $25,000 for a new land use survey.
Town staff, under the proposed budget, will receive a slight pay increase in 2012-13, bringing the total cost for administrative positions to $142,325 from $134,000 last year.
The raises are for the positions of town clerk, tax collector and finance officer.
The town also has budgeted $35,000 for repairs and maintenance of town buildings, up from $8,500 last year. The town hall needs to be painted and get a new roof. Grounds maintenance funds also were cut from $80,000 in 2011-12 to $36,000.
To view the town’s budget prior to the June 11 public hearing, go to town hall from 9 a.m. to 1 p.m. Monday, Wednesday and Friday. Town hall is located at 1924 Weddington Road, Weddington. For more information, call 704-846-2709.