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Queenstown adopts FY2020 budget, tax rates and three-year water and sewer rate increase
Summary
The commission adopted Ordinance 19-02 setting FY2020 budgets and tax rates and Ordinance 19-03 to increase monthly water and sewer usage rates by 5% annually for three years, with both votes passing 3-0.
The Queenstown Commissioners on June 19, 2019 adopted two ordinances that set the town’s fiscal year 2020 budget and raised utility rates.
President Thomas B. Willis, Jr. moved to adopt Ordinance 19-02, the general and enterprise FY2020 budget, and to set a real property tax rate of 0.1744 per $100 of assessed value and a tax rate of 0.44 per $100 on commercial or business personal property and public utilities; Commissioner Holger Schuster seconded and the motion passed 3-aye, 0-nay.
The commission also adopted Ordinance 19-03, which increases the monthly water usage rate and the sewer usage rate by 5 percent per year for the next three fiscal years, commencing July 1, 2019 and ending July 1, 2022. President Willis moved adoption, Commissioner Schuster seconded, and the motion passed 3-aye, 0-nay.
During the meeting Pat Bowell, reporting for the Finance Committee, said insurance was under review and that the budget was complete. Town Manager/Clerk Amy Moore reported fund balances at the meeting: General Fund checking $78,466.38; Water/Sewer Fund checking $95,227.10; WWTP Project checking $9,259.86.
Both ordinances passed unanimously by the three-member commission. No amendments or implementation schedules beyond the stated effective dates were recorded in the meeting minutes.
