Town Council to keep taxes the same
MIDDLETOWN – For the fourth year in a row, Middletown residents’ taxes will stay the same following Town Council’s unanimous adoption of the 2016-2017 $2.3 million budget on Monday.
The level tax rates owe much to large reductions in the town’s $74,648.59 in maintenance, sewer and water spending for the year. Mayor Charles Harbaugh IV said the freed up funds are the result of several one-time payments that were made in the 2015-2016 fiscal year.
The town will also transfer $228,426.73 into savings.
The largest tax revenue for the town will come from its meal tax, at a projected $138,000, up 18 percent from last year. This money will go into the town’s general fund, which is roughly $37,000 this year.
The general fund covers government operations, financial administration, public safety and other functions.
Among other line items, the budget includes the spending of $25,000 for a veterans’ memorial park, $65,000 in capital improvements to the town, and just less than $190,000 in capital improvements for the sewer department.
Within town administrations, salaries for the treasurer, clerk and members of Town Council are up to roughly $132,000, from last year’s $96,000.
The town’s sewer revenue is roughly the same as last year, while its water revenue is up 5 percent.
<p id=’reporter_info’>Contact staff writer Jake Zuckerman at 540-465-5137 ext. 152, or <a href=’mailto:email@example.com’>firstname.lastname@example.org</a></p>