Aberdeen approves budget for upcoming fiscal year

Aberdeen approves budget for upcoming fiscal year

ABERDEEN — The Town of Aberdeen Council met Monday, May 23 where the proposed budget for fiscal year 2022-23 was presented and approved. The proposed budget has a total operating budget of $17,048,910 and will see an increased tax rate of $1 for residential and commercial garbage collection rates and a 3% higher volume rate for water and sewer.  However, due to Aberdeen’s steady growth – property valuations in Aberdeen rose approximately 7% – the property tax rate and base rate for water and sewer will remain the same.  “We have a great town,” said Mayor Robert Farrell. “It’s growing…
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Proposed budget sees reduction in Pinehurst property tax rate

Proposed budget sees reduction in Pinehurst property tax rate

PINEHURST — The Village of Pinehurst Council met Tuesday, May 10, to further discuss the proposed fiscal year 2023 budget and vote on multiple action items. Village Manager Jeff Sanborn gave an updated presentation to the council on the fiscal year 2023 budget and strategic operating plan. The Village is looking to have a $27.1 million budget, which is 6% above the 2022 amended general fund budget. The proposed budget will also see a reduction in the property tax rate to $0.31, down half a cent from the previously projected rate.  The budget also includes five initiative action plans that…
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Southern Pines preliminary budget sees tax rate remaining steady

Southern Pines preliminary budget sees tax rate remaining steady

SOUTHERN PINES — The Town of Southern Pines Council met Tuesday, May 10, where they went over their preliminary budget for fiscal year 2023 and continued public hearings from their last meeting. The Town of Southern Pines saw a tax base growth of 5% which means that the town received enough income to keep their property tax rate at $0.40 for another year, which it has remained at since 2017-18. “Bottom line, all current service levels are maintained, property tax rate is held at $0.40, obviously we continue to move money towards capital assets and facilities, the rainy day fund…
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Board approves school budget increase

Board approves school budget increase

CARTHAGE – The Moore County Board of Education met on Monday, April 11 with the preliminary 2022-23 budget the focus of the agenda. The board approved a significant budget increase of $7,689,500 for the 2022-23 school year – helped along by federal emergency funds – for a total budget request of $39,539,500 to be presented to the County Commissioners for approval.  “You might say that a 24% increase in local funding is a big ask, and it is a back ask,” said board member David Hensley. “But in addition to paying our people properly after a decade plus of not…
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