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Raeford council adopts $8.44 million budget, sets property tax rate at $0.48
Summary
The Raeford City Council unanimously approved the FY2023–24 budget on June 5, 2023, adopting a $8,442,160 General Fund and a $3,330,139 Water & Sewer Fund budget and setting the property tax rate at $0.48 per $100 valuation.
The Raeford City Council voted unanimously June 5 to adopt the FY2023–24 Budget Ordinance, approving $8,442,160 in General Fund appropriations and $3,330,139 in the Water and Sewer Fund and setting the property tax rate at $0.48 per $100 valuation.
The budget ordinance, presented by Mayor John K. McNeill III, includes $2,129,690 for Police, $1,229,238 for Fire, $1,086,120 for Streets, $410,000 for Powell Bill allocations…
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