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Board Receives Updated Draft Budget, to Hear from Public May 22

 
Thursday, May 18, 2017

The Hillsborough Board of Commissioners has received an updated proposed budget for Fiscal Year 2018 and will receive input on the plan during a public hearing later this month.

The initial budget workshop and public hearing will be 7 p.m. Monday, May 22, in the Town Barn, located at 101 E. Orange St. on the Town Hall campus. Parking is accessed from East Corbin Street.

A draft budget workbook and three-year financial plan was first presented to the board in February and reviewed at the March 11 budgetary planning retreat. The board is expected to vote on the budget in June.

Proposed FY18 budget

Under the revised draft plan, the town’s operating expenses would total $22.7 million, with:

  • $10.4 million in expenses in the General Fund, an increase of 5.2 percent from FY17.
  • $11.7 million in expenses in the Water/Sewer Fund, a decrease of 5.6 percent from FY17.
  • About $600,000 in expenses in the stormwater utility fund, an increase of 0.8 percent from FY17.

The draft budget also includes:

  • Making no change in the property tax rate or water and sewer rates. This would be the fifth consecutive year without a tax rate increase. Water rates were last raised in July 2012 while sewer rates were last raised in July 2016.
  • Increasing the vehicle fee for citizens from $10 to $30 to help fund the town’s annual street resurfacing program. The fee has been $10 since it was instituted 25 years ago. Street repaving is projected to cost about $380,000 in the upcoming fiscal year. Increasing the vehicle fee would yield an additional $100,000 for a total of $152,640 per year.
  • Expanding and renovating the Town Hall Campus for an estimated $1.3 million. The North Campus Project would include moving the town’s finance and billing operations from downtown Churton Street and moving the town’s meeting room from the Town Barn to property located across from the Town Hall Campus. The current meeting room would be converted into needed office space.
  • Providing individually assigned vehicles to police officers to help the department remain competitive in recruiting and retaining officers and to help ensure an adequate number of vehicles during large public events and emergencies. The estimated cost for six vehicles to start the Individually Assigned Vehicle Program is about $285,000. The total cost for replacing four aging police vehicles and adding six to the fleet would be $460,000.

Balanced scorecard

Hillsborough uses a balanced scorecard system of measures to implement its objectives. The system is used as part of the annual budget process to implement and communicate the Board of Commissioners’ mission, vision, strategic priorities and core values. In addition to departmental scorecards, departments also have mapped top priorities and step-by-step ways to achieve goals.

More information

Citizens are invited to ask questions and share their thoughts on the proposed budget. Attend the public hearing on May 22, or contact Hillsborough Budget Director Emily Bradford by email or by phone at 919-296-9427.

For more information, see: