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HomeMy WebLinkAbout06-26-908754 June 26, 1990 Minutes of the public Town Council held June 26, the Municipal Building. There were present: Council Members: Also Present: Visitors: hearing at the special meeting of the Pulaski 1990, at 4:00 p.m. in the Council Chambers in Vice Mayor James R. Neighbors, presiding James M. Neblett, J. Mary Lou Copenhaver, Alma H. Holston R. Schrader, Jr., Andrew L. Graham, Don E. Holycross~, Town Manager Ruth A. Harrell, Clerk Mildred Bolen, Acting Treasurer Dee Lindsey and news media Don Crispin Mr. and Mrs. J. Mr. and Mrs. J. Carolyn Hager Jim Reynolds One area citizen Madelyn Rosenberg of the B. Warner C. Montgomery The Invocation was given by Councilman Graham. Vice Mayor Neighbors advised that as ad~/ertised, this public hearing was scheduled for the purpose of gathering citizen comments in considering a proposal to increase certain tax levies and utility rates. Vice Mayor Neighbors stated a 34 cent per hundred dollars real PUBLIC estate tax was proposed; an increase in personal property will go from HEARING 69 cents to 74 cents per hundred dollars; proposed consumer utility to TAX & will go up 2-1/20 (7-1/2 to 10). The proposed increase on water would UTILITY b~e 10% and the proposed increase on sewer rates would be 20 0. TAX INCREASE The deficit projected in the general fund for the comin g year is 562,219. The real estate tax, personal property tax and the utility tax increases will raise approximately 5177,000. This would give us an approximate surplus of 580,000. The Town shows a deficit of about $62,000 in the water fund for next year and in the sewer fund, we are showing a deficit of about 5137,000. With the proposed increases, a slight surplus will be realized. The flows to Peppers Ferry this year utilized our surplus. In hearing from the public, Mr. J. B. Warner was informed that tax increase would take effect immediately, with increase in utility taxes requiring 60 days notice. On new properties, it is hoped that $30,000 will be realized from Renfro, Pulaski Village and Memorial Square. Mr. Jim Reynolds stated he was sick of tax increases and it was costing him more and more each year to run his business. Mrs. Carolyn Hager, owner of laundrymat, stated that a water hike would kill her June 26, 1990 8755 business in that her customers could not afford an increase Vice Mayor Neighbors stated to payment for bond issue that major increases in budget were due liabilit increases in auto, personal y insurance, and employee health insurance, property and Neighbors quoted several smaller increases -that have been Mnyor Mr. Warner su cluded. Count g ggested that the Town explore the possibility of the Y mailin County and Town tax tickets. savings. Mr. Holycross also advised Mr, He felt this would be a the bond fund projected fur the Route 11 waterrimprovementse $475,000 in It was announced that on a recent surve District 4 showed the second cheapest water ratedonbsuDveyer Aden, Ms. Bolen and Mr. Holycross were commended for their work on th budget. e At 4:37 p.m., Councilman Neblett made a motion that Council adjourn, seconded by Councilwoman Holston and carried. APPROVED: ATTEST: VICE MAYOR Clerk of Council WAIVER OF NOTICE OF SPECIAL MEETING We, the undersigned, duly elected members of the Council of the Town of Pulaski, Virginia, hereby waive notice of a Special Meeting of said Council at 4:00 p.m., on the 26th day of June, 1990, for the purpose 9f holding a public hearing for the prupose of considering a proposal to increase certain tax levies and utility rataes. WITNESS our signatures this 26th day of June, 1990. ~:~2Q/