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City funds new budget with old tax rate

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Posted: Thursday, September 20, 2012 2:56 pm | Updated: 2:57 pm, Thu Sep 20, 2012.

Following months of workshops, trimming department requests and studying expenses, the Cameron City Council approved a $5,890,026 budget for the new fiscal year, keeping the tax rate almost the same and raising the base rate for water service.

The 2012-13 budget is based on a property tax rate of 73.480 per $100 property valuation and includes 45.92 cents for maintenance and operations and 27.56 cents for interest and sinking, City Manager Ricky Tow said.

The city’s proposed 2012-13 general fund budget of $3.4 million and budget for water and sewer operations is $2,479,887. The fiscal year starts Oct. 1.

Tow said the increase in the water base rate would be “across the board,” assessed on all meters, residential and commercial. The base rate is the rate charged for the minimum amount of water used each monthly billing cycle. For each 1,000 gallons above the minimum, $2.50 is charged. For most residential customers, the new base rate will be $25, up from $18.70.

An increase of 29 cents in the residential waste collection fee covers a CPI increase from Progressive Waste Solutions, Tow said. The mosquito control fee will remain the same at $1 per meter

No one attended public hearings held Monday night on both the budget and the ordinance setting the new fees.

Tow noted the water base fee increase will go toward water system improvements. The city is financing $1.2 million for water plant and other infrastructure improvements. The city is also applying for a grant to replace water meters. In addition, $806,000 in wastewater system improvements are scheduled. Tow said specifications and plans are almost ready to go out for bid and the projects could begin within the next two months.

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