Oak Ridge Today

Council to consider budget with two-cent tax rate increase

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oak-ridge-city-council-december-2016

The Oak Ridge City Council is pictured above in December 2016. (Photo courtesy City of Oak Ridge)

 

The Oak Ridge City Council on Monday will consider a budget with a proposed two-cent increase in the property tax rate and what would generally be a 2 percent pay increase for employees.

If approved by Council, the tax rate change would be the first increase in years. Oak Ridge Today reported that the budget approved last year was the 10th one in a row without a tax rate increase.

The two-cent increase in the property tax rate, which would raise it to $2.54 per $100 of assessed value, would help fund the bond repayments for the new Oak Ridge Senior Center, Scarboro Park renovation, and Oak Ridge Preschool, and also provide the city some “breathing room,” Oak Ridge City Manager Mark Watson said. The Senior Center, Scarboro Park, and Preschool projects are expected to cost about $13 million total.

Municipal officials said there has been a $750,000 shortfall in the current fiscal year, which ends June 30, in revenues from Roane County. That shortfall is attributed to some sales tax exemptions, and it is believed to mostly be from Oak Ridge National Laboratory, the major taxpayer in the Roane County portion of the city. The shortfall affected Oak Ridge this year and has been resolved this year, but the city had to use reserves, which affected money that could be used for capital projects in the next fiscal year, fiscal year 2019, which starts July 1, Watson said. [Read more…]

Letter: Chamber board lists spending priorities

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Note: This is a copy of a June 8 letter from the Oak Ridge Chamber of Commerce and its Board of Directors to Mayor Warren Gooch and members of City Council, and Chairman Keys Fillauer and the Board of Education.

Mayor Gooch and Chairman Fillauer:

The Oak Ridge Chamber of Commerce Board of Directors voted, following the recommendation of our Advocacy Committee, to request the following be given serious consideration as discussions and voting occurs for your respective Fiscal Year 2016 budgets.

Spending Priorities:

  • Development and funding of a prioritized capital improvement plan for infrastructure improvements such as city/school buildings, streets, utilities, etc.
  • Pay increase for Oak Ridge Schools teachers and staff and City of Oak Ridge staff.
  • Waterfront improvements.

While we understand that the city is faced with adjusting the tax rate to reconcile with lower property appraisals, we do feel strongly that the city needs to prioritize spending around these three areas in order to position Oak Ridge as a community of choice for new and expanding businesses and residents.

Sincerely,

Melinda Hillman

Chairman of the Board

 

Parker Hardy

President/CEO

Opinion: Commissioner proposes small payment for some county employees

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Myron Iwanski

Myron Iwanski

Note: This is a copy of a Tuesday email from Anderson County Commissioner Myron Iwanski to the Budget Committee and commissioners.

Budget Committee and Commissioners:

I think we were all pleased that for the fourth year in a row our year-end fund balance increased over the previous year. We owe a big thank you to our county employees for helping making this happen.

Four years ago, our fund balance was heading down to less than $500,000, and our credit rating was being effected. Beginning four years ago, by being more cautious with how we spend fund balance money and with the help of all our elected officials and employees, we increased the fund balance to the current $4,290,000.

One of the many things we did to turn this around was not giving our employees a salary increase for several years—except to cover the annual increases in health insurance cost. County-wide office holders, meanwhile, were given state-mandated increases in salaries.

I propose using a small portion of this fund balance to provide a small lump sum payment to those county general fund employees that did not get a state-mandated salary increase. [Read more…]