Oak Ridge Today

Commission to discuss county budget, possible 18-cent tax rate increase

Posted at
By Leave a Comment

Anderson County Courthouse
The Anderson County Courthouse on Main Street in Clinton is pictured above. (File photo)

The Anderson County Commission will discuss the budget for the next fiscal year, which begins July 1, and a possible 18.25-cent increase in the property tax rate on Thursday.

The special meeting is scheduled to start at 4 p.m. Thursday, June 27, in Room 312 of the Anderson County Courthouse in Clinton.

The meeting will focus on the budget proposal, and it will include time for elected and appointed officials, as well as department heads and citizens, to address the Commission with comments and concerns about the proposed budget.

[Read more…]

Council to consider budget, tax rate increase

Posted at
By Leave a Comment

The Oak Ridge City Council will consider the municipal budget and a proposed two-cent tax rate increase on Monday evening, June 3.

The two-cent tax rate increase would raise the property tax rate from $2.54 per $100 of assessed value to $2.56. It would be the second tax rate increase in the past two years after about a decade of no tax rate increases.

Each cent on the property tax rate generates about $80,000 in revenue.

The city’s general fund is about $26.2 million, and its total budget, including all funds such as school funds and utility funds, is roughly $210 million.

The budget has to be considered in two readings, or meetings. Tonight’s vote is the first reading. The second and final reading will be on Monday, June 10.

[Read more…]

No tax rate increase requested for Oak Ridge schools budget

Posted at
By Leave a Comment

The Oak Ridge Schools budget approved in the first of two readings, or meetings, on Wednesday does not request a property tax rate increase from the City of Oak Ridge.

There is also no request for an increase in the “maintenance of effort” funds, the amount of money that, once appropriated, has to continue to be funded year after year.

But school officials would like, if they are able to get it, an increase in capital improvement funds, money that could be used to fix and improve buildings but wouldn’t be recurring. No number has been attached to that request, but school officials would like the Oak Ridge City Council to consider it. During Wednesday’s meeting, the school board discussed ways to “get past conversation,” possibly with a collective effort, roundtable discussion, and comprehensive plan.

[Read more…]

For members: With no increase, AC schools budget could have $1.4 million in cuts

Posted at
By Leave a Comment

Without a tax rate increase or other new revenues, the Anderson County Schools budget could include more than $1.4 million in cuts, compared to last year, school officials said during an Anderson County Board of Education meeting on Thursday, May 16, 2019. (Photo by John Huotari/Oak Ridge Today)

CLINTON—Without a tax rate increase or other new revenues, the Anderson County Schools budget could include more than $1.4 million in cuts, compared to last year, school officials said Thursday.

There are already $650,000 in cuts included in the budget, according to information presented by Tim Parrott, director of Anderson County Schools, during an Anderson County Board of Education meeting on Thursday. That budget, which the school board approved last month, would have required about $820,000 in new revenue, said Scott Gillenwaters, chair of the school board’s Budget Committee.

Without a tax rate increase or other new revenues, the Anderson County Schools budget could include more than $1.4 million in cuts, compared to last year, school officials said during an Anderson County Board of Education meeting on Thursday, May 16, 2019. (Photo by John Huotari/Oak Ridge Today)

CLINTON—Without a tax rate increase or other new revenues, the Anderson County Schools budget could include more than $1.4 million in cuts, compared to last year, school officials said Thursday.

The cuts could include reductions in elementary school, middle school, and high school positions, and Central Office, technology, custodial, and maintenance staff; cuts to materials and supplies, and band equipment at the high schools; not finishing the gymnasium at Grand Oaks Elementary School; cutting a full-time nurse, high school coaching supplements, and a school resource officer vehicle; and reductions to transportation safety, special education assistants, and City of Rocky Top field maintenance, among a long list of potential cuts.

The rest of this story is available if you are a member: a subscriber, advertiser, or recent contributor to Oak Ridge Today.  Already a member? Great! Thank you! Sign in here. Not a member? No problem! Subscribe here: Basic

Pro

Temporary

If you prefer to send a check, you may do so by mailing one to: Oak Ridge Today P.O. Box 6064 Oak Ridge, TN 37831 Note: Most news stories on Oak Ridge Today are free, brought to you by Oak Ridge Today with help from our advertisers, sponsors, and subscribers. Some are considered premium content. This story is premium content. Premium content can include in-depth, investigative, and exclusive stories.

Council to consider bond resolution for Preschool, Senior Center Monday

Posted at
By Leave a Comment

A rendering of the new Oak Ridge Preschool at Scarboro Park. (Image courtesy City of Oak Ridge/Studio Four Design)

A rendering of the new Oak Ridge Preschool at Scarboro Park. (Image courtesy City of Oak Ridge/Studio Four Design)

  The Oak Ridge City Council will consider a resolution this evening to issue up to $13.75 million in bonds so the city can build a new preschool and senior center, and make improvements at Scarboro Park as part of the preschool project. The special meeting starts at 6 p.m. Monday, October 29, in the Oak Ridge Municipal Building Courtroom at 200 South Tulane Avenue. Council approved an initial bond resolution of up to $16.5 million for the preschool and senior center projects during a meeting on Monday, September 10. That amount is higher than the amount of tonight’s bond resolution. Some savings have been realized compared to original estimates, Oak Ridge City Manager Mark Watson said in a memo to Council members. [Read more…]

Council to consider budget with two-cent tax rate increase

Posted at
By Leave a Comment

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…]

Council approves budget with no tax rate increase

Posted at
By Leave a Comment

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 approved a budget with no property tax rate increase on Monday.

If the budget is adopted in a second and final vote next week, it will be the 10th year in a row without a tax rate increase in Oak Ridge.

The Council had been asked to consider a four-cent increase in the property tax rate in order to fund a 2.5 percent pay raise for Oak Ridge Schools teachers and staff. That increase would have pushed the city’s property tax rate to $2.56 per $100 of assessed value. But that request was denied.

Instead, Council voted 4-2 to keep the tax rate at $2.52.

But Council did agree, in another 4-2 vote, to give the schools about $538,000 in additional funding that the city agreed to provide on a recurring basis. That means the city will have to continue to provide that extra money in the funding that it transfers to Oak Ridge Schools each year as part of what is known as maintenance of effort. The city had also given the schools an additional $538,000 last year, but it was on a one-time basis for a digital device initiative that includes convertible laptops for students, among other expenses.

This year, members of the Oak Ridge Board of Education sought to make that $538,000 a recurring part of the school system’s funding, and they wanted to add another $318,000—or about $856,000 total—for the 2.5 percent pay raise for teachers and staff. Council members approved the first part of that request (the recurring $538,000), but not the second (the extra $318,000). [Read more…]

Proposed city budget would not raise property tax rate

Posted at
By 4 Comments

Mark Watson

Mark Watson

 

The budget proposed by Oak Ridge City Manager Mark Watson on Tuesday would not increase the property tax rate. Instead, the budget would hold the property tax rate steady at $2.52 per $100 of assessed value.

It could be the 10th year in a row without a tax rate increase. That’s if the Oak Ridge City Council approves the city manager’s proposed budget.

Watson said it’s essentially the same budget as last year, with some capital improvements and funding for an energy savings plan for lighting, heating, and cooling systems in the city and schools.

Fully funding a request from Oak Ridge Schools for 2.5 percent pay raises for teachers and staff would require the equivalent of a four-cent tax rate increase, Watson said during a special City Council meeting on Tuesday. [Read more…]

Roane budget passes with no tax increase

Posted at
By Leave a Comment

Information from WYSH Radio

The Roane County Commission passed its 2016-17 budget on Monday, July 11, with no increase in the property tax rate.

The budget was passed unanimously by the 15 members present.

There were no raises for county employees in this year’s budget, but a committee looking into benefits and insurance could possibly bring a recommendation back to the full commission next month that could potentially save the workers enough on their insurance costs to equal a 1 percent raise. [Read more…]

Oliver Springs budget approved

Posted at
By Leave a Comment

Information from WYSH Radio

The Oliver Springs budget for the fiscal year that began on July 1 has been approved.

The budget includes no property tax rate increase, but officials said that could change next year as the town continues to address needed upgrades to its sewer system and the continuing increase in the cost of employee healthcare. [Read more…]

Clinton passes budget with no tax increase

Posted at
By Leave a Comment

Information from WYSH Radio

On Monday, the Clinton City Council approved its budget on second and final reading, leaving the property tax rate at its current level of 94 cents per $100 of assessed value while providing 2 percent pay raises for city workers.

The new fiscal year begins on Friday, July 1.

Norris Council rejects tax hike

Posted at
By Leave a Comment

Information from WYSH Radio

The Norris City Council has reversed course on a property tax rate increase.

Last month, the Norris City Council voted on first reading to adopt a budget that included a seven-cent property tax rate increase to address possible needs in the future.

But last week, during a public hearing, dozens of Norris taxpayers spoke out against the increase. Council members apparently listened, as Monday, they voted to keep the property tax rate at its current level. [Read more…]