By Tony Farkas
GROVETON — The City of Groveton looks to enact an extremely modest hike in its tax rate for the FY 2021-22 budget.
Currently at .9341 cents per $100 of property valuation, the city is looking to enact a .9479 cents rate. The numbers were discussed at a special budget meeting on Aug. 9.
Mayor Tommy Walton said that increase only will raise an additional $7,000 in additional revenue for the city, or about $13.80 per $100,000 valuation on a home.
“We’re going with what is called a voter approval rate, the highest rate we can charge before having to put a referendum before the voters,” he said.
The small amount of revenue is because the city’s tax base is so small, but won’t become official until it is approved at the next meeting, Walton said. That number could change as well between now and then.
Walton said the proposed budget includes cost-of-living raises for city employees get modest, which will vary from 1 to 3 percent. The city also hopes to budget for a new salary scale for a police chief and possibly two police officers.
The largest increase will be in funding for road base material, Walton said, as well as funds for outfitting new trucks for the Fire Department. He said there really is no more additional spending.
“We’re looking at new water meters, but that is a capital improvement item, not a budget item,” he said.