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Thursday, June 12, 2008
Mtn. Lake Park Tax Rate Cut For Fiscal ‘09
Mtn. Lake Park Tax Rate Cut For Fiscal ‘09
Jun. 12, 2008
The mayor and town council of Mountain Lake Park adopted a town budget for fiscal year 2009 at their regular monthly meeting last Thursday evening, a budget which features a 10% decrease in the town tax rate.
The tax rate for the current fiscal year is 36.2 cents per $100 of assessed property value, while the new rate for FY 2009 will be 32.6 cents.
Other positive aspects of the budget show a slight decrease in garbage collection fees - from $25.71 per quarter to $25 per quarter - and the sewer rates will remain the same.
Major capital improvement projects that will be funded by the new budget are: $200,000 for street paving; $30,000 for storm drains and culverts; $51,561 for trail amenities; $373,402 for trail construction; $15,000 for maintenance shop improvements; $15,000 for security systems; and $22,166 for a capital projects reserve.
Leo Martin is the mayor and council president. Council members are: council vice president Fred Callis, Patrick Damon, Linda Fike, Fred Learey, and Donald Sincell.
Judy Paugh is the town clerk/treasurer, Jeff Meyers is the town maintenance foreman, and the town attorney is William Rudd.
The mayor and town council of Mountain Lake Park adopted a town budget for fiscal year 2009 at their regular monthly meeting last Thursday evening, a budget which features a 10% decrease in the town tax rate.
The tax rate for the current fiscal year is 36.2 cents per $100 of assessed property value, while the new rate for FY 2009 will be 32.6 cents.
Other positive aspects of the budget show a slight decrease in garbage collection fees - from $25.71 per quarter to $25 per quarter - and the sewer rates will remain the same.
Major capital improvement projects that will be funded by the new budget are: $200,000 for street paving; $30,000 for storm drains and culverts; $51,561 for trail amenities; $373,402 for trail construction; $15,000 for maintenance shop improvements; $15,000 for security systems; and $22,166 for a capital projects reserve.
Leo Martin is the mayor and council president. Council members are: council vice president Fred Callis, Patrick Damon, Linda Fike, Fred Learey, and Donald Sincell.
Judy Paugh is the town clerk/treasurer, Jeff Meyers is the town maintenance foreman, and the town attorney is William Rudd.
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