WEDDINGTON – The town council approved Monday, June 11, the town’s budget for fiscal 2012-13.
The $1.76 million budget includes a 5.2-cent, per $100 of assessed value, property tax rate, which will enable the town to operate a municipal fire service.
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 property tax rates for all Weddington residents was 3 cents per $100 of assessed value.
In the approved budget, Stallings VFD will receive $48,000 for its coverage of the eastern part of town, Providence VFD will receive $546,000 for its coverage of the northern and central part of town, and Wesley Chapel VFD recently signed a contract with the town for $124,800 to cover the southern part of town.
Mayor Walker Davidson said he was happy to have the Wesley Chapel VFD on board and was pleased with the budget.
“We didn’t have anyone … only one person got up during the public hearing and it was in support of what we were doing, so no one spoke in opposition to it,” Davidson said. “I think everyone understands what we’re doing and it’s a solution to a problem that’s been going on, so this is a solution. Once Wesley Chapel signed on, a lot of people came on board.”
Additionally, he said the council voted to approve the creation of a capital fund for fire service, and moved funds around during the meeting Monday in order to put $50,000 into that capital expense fund.
The town’s overall budget includes ad valorem tax revenues at about $960,000 for 2012-13. 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.
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. The town also cut its grounds maintenance from $80,000 in 2011-12 to $36,000.
For more information on the town’s approved budget, call town hall at 704-846-2709.