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Raeford adopts $6.37 million 2021-22 budget, keeps tax rate and raises police pay
Summary
The Raeford City Council unanimously adopted the FY 2021-22 budget on June 7, 2021, keeping the property tax rate at $0.48 per $100, approving a 5% water-rate increase to fund WWTP debt service, a 2.5% cost-of-living adjustment for staff, and a 15% pay increase for police officers.
The Raeford City Council adopted the FY 2021-22 budget in a unanimous vote at its June 7 meeting, keeping the city property tax rate at $0.48 per $100 of assessed value and approving measures city leaders said were necessary to fund utility debt and personnel costs.
City Manager Dennis Baxley presented the recommended budget, which appropriates $6,372,851 in the General Fund and $2,510,800 for Water and Sewer operations. The ordinance keeps the tax rate unchanged, applies a 5% increase to water rates to support debt service on the…
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