The 2023-2024 Budget was approved. Here are some highlights from what was approved.
HOT TOPIC - TAXES! The budget included a reduction in the tax rate from 54.5¢ to 51.5¢ to help offset the impact on citizens from the County Property Tax Revaluation that took place at the beginning of the year.
Property value growth and new construction resulted in $400,000 in new revenues that will be used as follows:
- STREET PAVING! Yes, street paving in the amount of $350,000
- Downtown Improvements - Gateway Signs - $50,000
INFLATION - The Town of Valdese has also seen tremendous increases in operating costs. Example? Fire Hydrants have increased from $1,700 in 2020 to $4,359 today.
SERVICES - The Town has absorbed increased contract costs (approximately 5%) for trash collection & recycling services without any increases passed to citizens.
OTHER HIGHLIGHTS:
-Decrease in Fitness Center fees for Valdese Residents.
-5% Cost of Living Increase for Employees.
-$40,000 contribution to BC Public Library - continuing free & open library for citizens.
The budgeting process continues over several months. The Valdese Town Council invites you to contact them with any questions and how they can help Valdese citizens.
Mayor Charlie Watts - 828-443-0881
Mayor Pro-Tem - Frances Hildebran - 828-201-9107
Councilman Paul Mears - 828-879-2186
Councilman Tim Barus - 828-217-9642
Councilwoman Rexanna Lowman - 828-432-7049
Councilman Tim Skidmore - 828-874-3503
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