Notice of Public Hearing Synopsis of the Budget (attached documents)

NOTICE OF PUBLIC HEARING

TOWN OF ST. PAUL, VIRGINIA

SYNOPSIS OF THE BUDGET

FOR INFORMATION AND FISCAL PLANNING PURPOSES ONLY

FISCAL YEAR JULY 1, 2019 THROUGH JUNE 30, 2020

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 3rd day of June, 2019, to consider the proposed municipal budget for the fiscal year of July 1, 2019 through June 30, 2020.

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 is a proposed increase for water rates. The present in-town water rate is $14.25 for the first 1,500 gallons of water and $6.45 per 1,000 gallons thereafter; there is a proposed water rate for 2019-20 of $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 2019-20 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 $10.25 per 1,000 gallons of water thereafter. The proposed water rate for 2019-20 is $26.00 for the first 1,500 gallons of water and $10.45 per 1,000 gallons thereafter. The present out-of-town sewer rate is 110% of water; the proposed out-of-town sewer rate for the 2019-20 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 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 is available for public inspection at the Town Hall during regular business hours.

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Town Treasurer