Budget hearing scheduled

Published 12:41 pm Wednesday, May 22, 2019

No members of the public spoke during a hearing for the proposed Town of Victoria Fiscal Year (FY) 2019-2020 budget on Tuesday, Town Manager Rodney Newton said.

He said a decision whether to pass the proposed budget would take place during the Victoria Town Council’s June meeting, scheduled for Tuesday, June 11.

Compared with the FY 2018-2019 budget, the proposed budget sees an overall increase of approximately $12,000.

There are no tax or utility rate changes proposed for the FY 2019-2020 budget, Victoria Town Manager Rodney Newton said.

A few of the largest increases in the proposed budget include, under general fund anticipated expenditures, proposed increases to trash/refuse, with the FY 2019-2020 estimation being $92,450 versus $85,067 in FY 2018-2019.

Newton said the increase in trash/refuse is due to personnel costs and equipment expenditures.

Among other slight increases included meal tax and pool revenue at $24,000 in meals tax for FY 2019-2020 versus $20,625 for FY 2018-2019; and $12,000 for pool passes for FY 2019-2020 versus $11,250 in FY 2018-2019.

Newton said the budget revenue projections were increased based on figures for these revenue sources over the last three years.

To learn more about the budget, visit the Victoria Town Office or call (434) 696-2343.