
City Council considers proposed $50.5M budget
By Loretta Cozart
In a budget Public Hearing held on Tuesday, June 15, City of Kings Mountain council members considered appropriating fifty million, five hundred seventy-two thousand, three hundred and thirty dollars ($50,572,330) for operating and capital expenses of the city government and its activities for the 2021 – 2022 Fiscal Year beginning July 1.
Budget recommendation highlights show no change in property taxes, no changes to the city’s General Fund fees, no changes to city employees for health insurance, and no employee additions for the 2021 – 2022 fiscal year.
Additional highlights include no electric rate increase, no water rate increase, no wastewater rate increase, and no stormwater rate increase.
While no increase was proposed for the gas rate, the city will review the rate during each month of the fiscal year and a rate increase, if warranted, may be proposed at any time during the fiscal budget year.
There are no proposed medical plan changes for Healthcare benefits for city employees and no increase in cost for medical.
Projected capital outlays from the General Fund that will be funded from general operations and require no financing include: City Hall Projects: $150,000, Payment Kiosk-billing: $50,000; Police Vehicles: $80,000, Fire-vehicle, mower: $50,000, Public Works – electronic entry system: $25,000; Library Roof Replacement: $130,000, Moss Lake (office roof and bathroom renovation: $57,000.
Fifty million, five hundred seventy-two thousand, three hundred and thirty dollars ($50,572,330) appropriated in Section I and is allocated and appropriated to the several funds and departments of government on page 5A in the June 16, 2021 issue of KM Herald.
In a budget Public Hearing held on Tuesday, June 15, City of Kings Mountain council members considered appropriating fifty million, five hundred seventy-two thousand, three hundred and thirty dollars ($50,572,330) for operating and capital expenses of the city government and its activities for the 2021 – 2022 Fiscal Year beginning July 1.
Budget recommendation highlights show no change in property taxes, no changes to the city’s General Fund fees, no changes to city employees for health insurance, and no employee additions for the 2021 – 2022 fiscal year.
Additional highlights include no electric rate increase, no water rate increase, no wastewater rate increase, and no stormwater rate increase.
While no increase was proposed for the gas rate, the city will review the rate during each month of the fiscal year and a rate increase, if warranted, may be proposed at any time during the fiscal budget year.
There are no proposed medical plan changes for Healthcare benefits for city employees and no increase in cost for medical.
Projected capital outlays from the General Fund that will be funded from general operations and require no financing include: City Hall Projects: $150,000, Payment Kiosk-billing: $50,000; Police Vehicles: $80,000, Fire-vehicle, mower: $50,000, Public Works – electronic entry system: $25,000; Library Roof Replacement: $130,000, Moss Lake (office roof and bathroom renovation: $57,000.
Fifty million, five hundred seventy-two thousand, three hundred and thirty dollars ($50,572,330) appropriated in Section I and is allocated and appropriated to the several funds and departments of government on page 5A in the June 16, 2021 issue of KM Herald.