Williamsport property tax rate will not change

June 10, 2003|by ANDREW SCHOTZ

andrews@herald-mail.com

WILLIAMSPORT - The town's property tax rate will not change under a $2.9 million budget approved Monday night, Mayor John W. Slayman said.

Williamsport's 2003-04 expenditures are about 4 percent more than this year's, based on the budgets approved each year.

Slayman said there are no significant new expenses next year, other that an increase in insurance costs.

The tax rate will stay at about 40 cents per $100 of assessed value. Slayman said the town's property tax rate has stayed at that level, or its equivalent under a previous assessment method, for at least 22 years.

The $1.2 million general fund includes $184,800 for salaries, not including those of the mayor and Town Council, $183,800 for police-related expenses and $111,700 for health and liability insurance.

A capital outlays section of the general fund budget includes $89,000 for streets and alleys, $29,085 for buildings and $27,000 for municipal parks and playgrounds.

In a Community Promotion section, the council allocated $6,000 for fireworks, $3,000 for the Community Band, $2,500 for the history and museum board and $1,500 for the Little League, among other expenses.

The 2003-04 electric fund is just under $1.1 million. The water fund is slightly over $640,000.

Town Clerk Bonnie J. Errico said Tuesday that the water and sewer rates that town residents pay the county increased in October and are not expected to increase again for now.

Slayman said the town had to pass a budget before July 1, the start of the next fiscal year.

|

|

|