The Metropolitan Lynchburg/Moore County Council will hold a Public Hearing at 6:15 p.m. Monday to discuss the budget for the 2014-15 fiscal year.
The budget is scheduled for its second reading during Monday’s regular council meeting, which begins at 6:30 p.m. The budget passed via a unanimous (15-0) roll call vote at the council’s May meeting.
During the May meeting Budget Committee Chairman Tommy Brown reported that the budget for the new fiscal year will almost mirror last year’s budget and there will not be any tax increases. The only difference is the amount of money allotted for Debt Service and Capital Projects.
Debt Services has been dropped from $.16 to $.26, while Capital Projects will be raised from $.015 to $.115. According to Brown, the budget committee decided to make this change so the ambulance and patrol car to be purchased next year could be paid for from the Capital Projects fund, thus eliminating the need for a loan and any interest that would go along with it.
The county’s total tax rate will remain at $2.43 ($2.47 in urban services areas) per $100 of taxable property based on the most recent appraisal.
The budget committee has recommended a 3 percent raise for all county employees, as well as an increase in pay from $20 per month to $50 per month for each county commissioner. County employees were given a 3 percent raise last year also.
Also in this year’s proposed budget is an increase in fire hydrant installation by $10,000, along with the purchase of the new ambulance and one patrol car for the sheriff’s department.