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Carthage Holds Public Hearing on Town’s Budget
September 3, 2008 - The Carthage Town Council was scheduled to hold a public hearing yesterday on its proposed budget for 2009.
According to the town's budget estimate, Carthage's proposed budget for 2009 totals $309,061, with $158,985 of that amount partially funding the General and Motor Vehicle Highway funds through local property taxes. The remaining $150,076 would come from other anticipated revenue sources.
The town's proposed 2009 budget is 6.7 percent higher than the 2008 budget. Individual 2009 budgets for the town's six funds and the changes from 2008 are as follows: General ($171,453, up 1.2 percent); Local Roads and Streets ($13,923, up 122 percent); Motor Vehicle Highway ($106,209, up 3.7 percent); Law Continuing Education ($1,685, down 21.1 percent); Cemetery ($7,750, up 496 percent); and Cumulative Capital Improvement ($8,041, down 0.6 percent).
The town council was scheduled to hold its regular monthly meeting immediately following the budget hearing, a day earlier than its usual first Wednesday of the month meeting date. The budget hearing and regular monthly meeting both took place after the news deadline for this week's Banner.
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