Badin budget for upcoming fiscal year has no tax increase

Published 6:18 pm Wednesday, May 31, 2023

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The 2023-24 proposed fiscal budget for the town of Badin will not have a change in its tax rate.

According to information obtained by The Stanly News & Press, the Badin town budget, at $2.88 million, will not have a change in its tax rate. Last year, the rate went up from 43 cents to .4475 cents, but will not change in the proposed budget submitted by Town Manager Jay Almond for next fiscal year.

Badin will receive $1.68 million in state and federal grants next year, including $1 million for the Badin Waterfront Park and $250,000 for improvements to the Badin Conference Center.

One-time expenses for the town will total $160,842 for a new public safety vehicle, a dump truck, a new scanner/copier for town hall and repairs to the Badin museum. Of that total, $30,000 comes from private grants and $7,171 from a parks and recreation grant from Stanly County.

Town staff will also receive a 2.5% cost-of-living adjustment (COLA) raise next year.

About Charles Curcio

Charles Curcio has served as the sports editor of the Stanly News & Press for more than 16 years and has written numerous news and feature storeis as well. He was awarded the NCHSAA Tim Stevens Media Representative of the Year and named CNHI Sports Editor of the Year in 2014. He has also won an award from Boone Newspapers, and has won four North Carolina Press Association awards.

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