|Martin Board passes budget
|Posted: Friday, September 14, 2012 10:30 am
|After operating on 15 percent of last year’s budget, the City of Martin has approved a full operating budget for FY 2012-13.
The budget approval came without a property tax increase.
FY 2012-13 City of Martin budget includes the following allocations:
• General Fund expenditures (including debt payments) – $7,909,144;
• State Street Aid Fund expenditures – $233,500;
• Library Gift Fund expenditures – $41,000;
• Cemetery Fund expenditures – $31,850;
• Drug Enforcement Fund expenditures – $27,700;
• Solid Waste Fund – $1,327,968;
• Water and Sewer Fund – $2,878,223;
• Natural Gas Fund – $3,671,184.
The budget approval on its second and final reading Monday evening was a unanimous decision by the City of Martin Board of Mayor and Aldermen.
In related news, board members also approved the allocation of fund to certain non-profit charitable organizations. Charities receiving funds included:
• Kiwanis Club – $1,000 for the Christmas parade;
• Community Developmental Services – $2,500;
• Tennessee Soybean Festival – $25,000;
• Carl Perkins Center for the Prevention of Child Abuse – $1,500;
• Miss Tennessee Soybean Scholarship – $2,750;
• Weakley County Reading Railroad – $5,000 and
• American Cancer Society Relay for Life – $250.
Board members approved a resolution which would increase water and sewer rates for the city’s customers by five percent.
According to the resolution residential and commercial water customers inside the city limits would see a minimum monthly bill of $6.13 for the first 1,000 gallons of usage; customers outside the city limits would have a minimum monthly bill of $12.26 for the first 1,000 gallons of usage.
Sewer customers in the city limits would see a minimum bill of $10.46 for the first 1,000 gallons of usage, while customers outside the city limits would see a $20.92 minimum monthly bill.
There will be a public hearing on the resolution at 5:15 p.m. Oct. 8 in the city courtroom.
The annual Tennessee Soybean Festival boasted another successful turnout, despite the storms last week.
Martin Community Development Director Brad Thompson said plans are already under way for the 20th annual Soybean Festival.
“I just want to thank everyone for all of their hard work during the Soybean Festival,” Martin Mayor Randy Brundige said during the meeting.
Alderman and Soybean Festival Chairman David Belote reiterated Brundige’s comments. “There are so many good people in our community who step up that make this a successful event. We have the right amount of community involvement and the right amount of city involvement,” Belote said.