Oak Ridge Today

City budget raises trash fee, provides more for city infrastructure

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Oak Ridge City Council on July 28, 2015

The Oak Ridge City Council raised the trash pickup fee by $3.50 during a special budget meeting on Monday, July 27, 2015, and the Council set aside an extra $260,000 for capital projects such as buildings and schools. (Photo by John Huotari/Oak Ridge Today) 

 

Note: This story was last updated at 10:05 a.m. July 28.

There will be a $3.50 increase in the monthly trash fee, and more money—$260,000—will be reserved for capital projects such as buildings and schools, while city officials are not expected to change the new property tax rate provided by the state after five-year reappraisals completed this year.

The trash fee will increase from $7 to $10.50 per month. That change is expected to provide another $335,000 per year in revenue.

The new tax rate—state officials call it a tax-neutral rate—is $2.52 per $100 of assessed value. It was approved in the first of two readings by the Oak Ridge City Council during a three-hour special meeting on Monday. The second reading hasn’t been scheduled yet, but the meeting is expected soon. [Read more…]

AC budget process under way

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Information from WYSH Radio

As the budget process begins in earnest for the new fiscal year that begins on July 1, the Anderson County school system is seeking money to pay for employee raises, upgrades to school facilities, and to start a fund to pay for computer devices for each student beginning in the upcoming academic year.

The budget proposal recently approved by the Anderson County Board of Education is currently about $3.1 million out of balance, and in order to fully fund requests, it would require the equivalent of a 45-cent increase in the property tax rate.  Included in the request to the County Commission is roughly $2 million to fund 4 percent pay raises for all employees; $871,852 for capital projects like roof repairs and unfunded mandates from the state dealing with physical education and sports facilities; and $221,484 for textbooks.

The most ambitious request, though, is the creation of a reserve fund through the county government to set aside money to pay for computer devices for students similar to the reserve fund that has been set aside for industrial development. [Read more…]