Council to adopt tax rate, budget in Thursday votes
Rockdale City Council members plan to set the city’s new tax rate and adopt the 2012-13 budget on Thursday.
Since the budget and tax rate each require two readings and two votes, the council will meet twice, at 5:30 p.m and again at 6 at City Hall.
TAX RATE—A 72.01-cent tax rate is proposed, an increase of about five cents from the current rate of 66.9295.
That includes a general fund increase of just over four cents, to 57.44 cents, with the debt service rate going from 13.78 to 14.57 cents.
BUDGET— Operating fund expenses in the new budget are put at $8,216,374. That compares to $6,574,853 in the current, amended 2011-12 budget.
The budget includes an eight-percent average pay raise for city employees and a “steppay” plan for police personnel to enable the department to retain qualified officers over a long-term period.
There’s a separate capital improvements and enterprise (water/wastewater) budgets.
Two public hearings on the budget and tax rate were held Aug. 13 and 20 with no one from the public signing up to speak at either.