The Town Manager’s Fiscal Year 2018 budget has been submitted to the Mayor and Town Council. A copy is available here for review and downloading; there is also a copy available at Town Hall for public inspection.
The proposed budget keeps the property tax rate steady at $0.63 per one hundred dollars of valuation. An owner of a property valued at $100,000 will pay $630 in property taxes, the same as last year.
Solid waste and recycling fees will remain $12.00 per month for residential customers and $24 month for commercial customers.
Due to increasing costs of production and capital maintenance of the water and sewer infrastructure the budget recommends a modest 5% increase in water and sewer fees. The new rate per 1,000 gallons of usage (water or sewer) will be $4.56 or 22-cents more than the current rate. The minimum bill for 3,500 gallons of water and 3,500 gallons sewer will be $31.92, or $1.54 more per billing cycle. Out-of-town customer rates will be double the in-town rate. If adopted, the new rates will be effective July 1, 2017.
A Public Hearing on the budget will be held at next regular Town Council Meeting scheduled for:
June 12, 7:00 pm
Mayodan Town Council Chambers
James A. Collins Municipal Building (Town Hall)
210 West Main Street
Mayodan, NC 27027