Black Mountain passes $22 million budget: No property tax hike but water rates going up

Black Mountain passes $22 million budget: No property tax hike but water rates going up

The Black Mountain Town Council approved the $22 million recommended budget for fiscal year 2024-25 without a property tax increase. The budget increase of 6.3% over the previous year includes additional personnel, capital items, operating expenses, and capital projects in the utility fund.

Increase in Personnel and Capital Items

The budget includes the hiring of six new positions, including a planning director, accounting manager, firefighters, public works technician, and sanitation supervisor. Mayor Michael Sobol highlighted the ongoing expense of adding more town employees.

No Property Tax Increase

Property tax rates remain at 32 cents per $100 of valuation, with no increase from the previous year. This marks a steady rate since the last tax increase in 2010.

Increased Waste Reduction and Water Fees

Waste reduction fees will rise by $3 per month, totaling $5 per month, while water rates will increase by 13% for residents in town limits and 15% for those outside. These adjustments were made in response to Asheville raising its rates by 31%.

Capital expenditures will focus on street paving, fire trucks, police vehicles, public works trucks, and water operations vehicles. The budget also includes a $1.7 million appropriation from the fund balance, leaving it at over $5 million, representing 54% of the general fund budget.

Reactions from Council Members

Council members emphasized the need to balance expenses while addressing staff retention and service growth. The town absorbed Asheville water customers and brought sanitation services in-house, reflecting strategic decisions to improve operations and services.

Conclusion

The approved budget demonstrates Black Mountain’s commitment to meeting increased needs while maintaining financial stability. With no property tax hike but adjustments to waste reduction and water fees, the town aims to continue providing essential services and investing in infrastructure for its residents.