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Century Approves Budget With Half Million Increase
September 21, 2010
Monday night, the Century Town Council approved a 2010-2011 budget with over a half million dollars in increasesand increased ad valorem tax rate for the next fiscal year, which begins October 1.
The town’s total budget is $3,337,231 — an decrease over the 2009-2010 budget of $4,587,744. The difference is due to a one-time $1.83 million grant for a water infrastructure project during the last fiscal year. The new budget represents an increase of $579,487 over last year’s budget minus the water grant.
Outside of the grant-funded water project, the town’s biggest source of revenue — $1,825,000 — is from water, gas and sewer charges, and the biggest expense is $1,464,178 to pay for the costs associated with providing the water, sewer and natural gas service for the town’s residents.
Ad valorem taxes will increase slightly — from .823 mils last year to .9048 mils. The new millage rate is estimated to generate $30,000 for the town during the 2010-2011 budget year, compared to $26,000 in the last fiscal year.
The budget passed 4-0 with council member Henry Hawkins absent from the budget public hearing Monday night. No members of the public spoke for or against the budget.
To view a summary of the budget in pdf format, click here or the image below.
Pictured top: The Century Town Council meets Monday night in regular session. From the left: Nadine McCaw, Ann Brooks, Sharon Scott, Henry Hawkins and Gary Riley. Hawkins was absent from a budget public hearing held just prior to the council meeting. NorthEscambia.com photo, click to enlarge.
Comments
5 Responses to “Century Approves Budget With Half Million Increase”
What is the justification for an increase of more than a half of a million dollars? This is a question will never be answered because nobody was there to raise an objection and so Century residents will get what they deserve.
This looks like a general overview of the budget to me. No breakdown into line items?
Will the employees be getting a raise this year?
I didnt see an expenditure for law enforcement services. Are they still getting that for free?
“The budget passed 4-0 with council member Henry Hawkins absent from the budget public hearing Monday night. No members of the public spoke for or against the budget.”
Yet another reason to remove this man from office!!!! The yearly budget meeting is held, and he can’t even grace the town with his presence?