Notice of Public Hearing: Synopsis of the Budget 2020-2021

NOTICE OF PUBLIC HEARING

TOWN OF ST. PAUL, VIRGINIA

SYNOPSIS OF THE BUDGET

FOR INFORMATION AND FISCAL PLANNING PURPOSES ONLY

FISCAL YEAR JULY 1, 2020 THROUGH JUNE 30, 2021

PUBLIC NOTICE IS HEREBY GIVEN THAT THE Council of the Town of St. Paul will, pursuant to Section 15.2-2506 of the Code of Virginia, as amended, conduct a public hearing in the Council Chambers at the Town Hall, St. Paul, Virginia, at 5:30 p.m. on the 18th day of June, 2020, to consider the proposed municipal budget for the fiscal year of July 1, 2020 through June 30, 2021.

A real estate tax levy of 18 cents per $100 assessed valuation of all taxable real estate and public utilities (at 100% assessment) with improvements thereon. Note, the present tax rate of 18 cents per $100.

A personal property tax levy of 31 cents per $100 assessed valuation. Note, the present tax rate of 31 cents per $100.

All other fees, licenses, bank stock tax, utility tax, franchise tax, cigarette tax and other taxes previously imposed by the municipality are again levied, assessed and imposed as previously established by Council and shall remain in full force and effect until changed by Council.

There are no proposed increase for water or sewer rates. The present in-town water rate is $14.25 for the first 1,500 gallons of water and $6.65 per 1,000 gallons thereafter. The present sewer rate is 110% of the water bill; the proposed sewer rate for 20-21 will remain at 110% of the water bill. The present out-of-town water rate is $26.00 for the first 1,500 gallons of water and $10.45 per 1,000 gallons of water thereafter. The present out-of-town sewer rate is 110% of water; the proposed out-of-town sewer rate for the 20-21 fiscal year will remain at 110% of water. Residential garbage rate is $8.50 for residential in town and $10.50 residential out of town. There is no proposed increase for residential garbage. There is proposed establishment of a uniform commercial garbage fee; can pick-up will be $19.80 per month for one time per week plus $19.80 per month for each additional time per week; 4yd dumpster will be $54.00 per month for one time per week plus $54.00 per month for each additional time per week; 6yd dumpster will be $59.00 per month for one time per week plus $59.00 per month for each additional time per week. Proposed out-of-town garbage rate is two times the in-town-rate. There is no proposed increase for the water and sewer tap rates. The present sewer tap rate is $350.00 and the present water tap rates are as follows: ¾” line is $750; 1” line is $1000; 1 ½” line is $3500; 2” line is $3800. There is no proposed increased in tap rates or the road crossing fee of $500.

Any citizen, taxpayer, or interested person shall have the right to attend and state his or her views orally or in writing on the budget.

A copy of the entire proposed budget and newly proposed commercial garbage rates is available for public inspection at the Town Hall during regular business hours.

Town Treasurer

SYNOPSIS OF THE BUDGET

GENERAL FUND

2020-2021 2020-2021

REVENUES EXPENDITURES

$4,014,195 $4,014,195

2019-2020 2019-2020

REVENUES EXPENDITURES

$3,887,306 $3,887,306

UTILITY FUND

2020-2021 2020-2021

REVENUES EXPENDITURES

$1,287,898 $1,287,898

2019-20 2019-2020

REVENUES EXPENDITURES

$1,264,664 $1,264,664