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Raeford manager proposes flat tax rate, staff pay increases and major equipment requests in FY2024 preview
Summary
City Manager Dennis Baxley presented a preliminary FY2024 budget May 1 keeping the property tax rate at $0.48, proposing a 4% cost-of-living adjustment and up to 2% merit pay, and listing capital requests including patrol vehicles, a $315,000 leaf machine, a $410,000 sanitation truck and a $70,000 SCADA water-plant upgrade; council set a public hearing for June 5.
City Manager Dennis Baxley presented the City of Raeford's preliminary recommended budget May 1, proposing to keep the property tax rate at $0.48 per $100 of assessed value while including a 4% cost-of-living adjustment and a merit pool up to 2%.
Baxley told the council insurance rates are estimated to rise about 10% and state retirement rates about 1%. He said staff is…
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