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No rate increase in proposed BMA budget

By LISA WHALEY

Publisher

[email protected]

It  looks like good news for the Jonesborough residents.

The town’s Board of Mayor  and Aldermen approved a 2020-21 fiscal year budget on first reading Thursday that calls for no increases in current rates for water, sewer and garbage. Property tax rates will also stay the same.

“I think it shows that we’ve had good leadership throughout the years,” said Mayor Chuck Vest of the town’s ability to maintain current rates. “And this past year, when things got tough, our department heads and town staff did a good job in cutting back where we needed to do that.”

That gave town staff the ability to not only avoid drastic cuts, but also be able to maintain rates for residents.

Solid revenue for the town has also helped tremendously, Vest said.

“We still had some good revenue growth out of our sales tax businesses, and property tax has continued to be a strong driving force for revenue in Jonesborough,” he said. “Whenever you can be conservative with your expenditures and revenue is growing, that’s a great combination.”

The property tax rate is currently set to remain at $1.20 per $100 of assessed value on real and personal property.

A public hearing and second reading on the Town Budget is set for Monday, September 14 at 7 p.m. in the board room of Jonesborough Town Hall. 

The entire budget is available for review at Town Hall, 123 Boone Street, Jonesborough.