Morrisville continues budget talks

aramos@newsobserver.comJune 13, 2013 

— The Town Council made more tweaks to its spending plan on Tuesday, and a final budget vote is set for June 25.

The council added $120,000 to a federal transportation matching-grant program through the Capital Area Metropolitan Planning Organization’s Locally Administered Projects Program.

Also on Tuesday, the council agreed to add $5,800 to the Morrisville Chamber of Commerce’s annual budget.

Through a contract with the town, the chamber handles economic development for Morrisville, fielding calls from potential companies and hosting site visits.

Under the existing contract, the town agreed to incrementally increase funding each year for the chamber by about 5 percent. That contract is under renegotiation.

In total, Morrisville expects to spend about $26.5 million in the fiscal year that begins July 1.

The budget will likely include a 2.35-cent property-tax hike. Two cents of the increase is set to help pay for design work for the N.C. 54 bypass project, part of a streets bond that voters approved last year.

The remaining .35 cents will go to toward continued road maintenance and street repairs.

Typical homeowners could see their tax bills go up by an average of $64 under the proposal. The tax rate would go from 36.65 cents to 39 cents.

The Town Council will also re-evaluate its capital improvement plan in the next 30 to 45 days and consider whether to move up about $5.7 million in parks and recreation projects that were approved as part of the 2012 bonds.

Projects include renovating the Aquatics and Fitness Center and upgrading Morrisville Community Park. The pool at the aquatics center will be enclosed, the aerobics room will be expanded, and lighted tennis courts and a Frisbee golf course will be added at the community park

Under the current capital improvement plan, design work on the park projects would start in 2016, with construction slated for 2017. The park projects will mean another 2-cent property-tax increase.

Ramos: 919-460-2609

Cary News is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere in the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

Commenting FAQs | Terms of Service