Norwood’s proposed $5.8 million budget to keep tax rate at 39 cents

Published 12:18 pm Friday, June 3, 2022

The town of Norwood’s proposed 2022-2023 budget keeps the tax rate at 39 cents per $100 valuation.

Residential solid waste fees are projected to increase to $12 a month (was $11 for current fiscal year) while small commercial solid waste fees will remain the same at $14 a month.

The budget totals $5.8 million, an increase from the previous fiscal year’s budget of $5.2 million, of which about $3 million will go to the town’s General Fund. This includes $1.2 million for the police department, $525,000 for the sanitation department, $476,000 for administration, $341,000 for council, $337,000 for the street department, $124,000 for parks and recreation and $63,000 for cemetery department.

Powell Funds total $244,000, which includes $130,000 for street paving and resurfacing, $45,000 for sidewalks and $30,000 each for maintenance and curb and gutter.

The Enterprise Fund totals roughly $2.5 million which includes $1.7 million for field operations, $513,000 for water plant operations and $245,000 for wastewater plant operations.

The General Fund revenue, which also totals $3 million, includes $1.4 million in real property taxes, $823,000 in local option sales tax, $155,000 in utility franchise tax and $153,000 in garbage collection. Other revenues make up $280,000.

Copies of the budget ordinance are on file with the town clerk, the governing board and the finance officer.

The town council will hold a public hearing and vote on the budget during its meeting Monday night.

About Chris Miller

Chris Miller has been with the SNAP since January 2019. He is a graduate of NC State and received his Master's in Journalism from the University of Maryland. He previously wrote for the Capital News Service in Annapolis, where many of his stories on immigration and culture were published in national papers via the AP wire.

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