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Queenstown commissioners introduce FY2020 budget, set property tax rates
Summary
On May 29, 2019 the Queenstown Commissioners introduced Ordinance 19-02, presenting the towns FY2020 general budget and an enterprise budget for water and sewer operations and setting a real property tax rate of 0.1744 per $100 and a commercial/personal property and utilities rate of 0.44 per $100. The motion passed 3-0 and a public hearing is scheduled for June 12.
At a May 29, 2019 special meeting, the Queenstown Commissioners introduced Ordinance 19-02, described as the towns general budget for the fiscal year beginning July 1, 2019 and ending June 30, 2020, along with an enterprise budget for water and sewer operations. President Thomas B. Willis Jr. moved the measure; Commissioner Hogie Schuster seconded. The motion passed by a recorded outcome of 3-aye, 0-nay.
The ordinance text as read by the presiding officer sets 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. Commissioners said the ordinance pairs the general fund budget with an enterprise budget for water and sewer, though the materials in the record do not list line-item amounts beyond the rates stated. A public hearing on the ordinance is scheduled for June 12, 2019 at 6:00 p.m., when residents may comment before any final action.
President Willis called the motion and Commissioners Schuster and Alton Hardee voted in favor; no commissioner voted against the motion. The meeting later recessed for a closed session and reconvened before adjourning at 5:25 p.m. The ordinance remains subject to the June 12 public hearing and any further formal readings or enactment procedures.
