Mineral officials are set to vote on and finalize the 2014-2015 budget in the upcoming Mineral Town Council meeting on Monday, June 9.
According to budget numbers released by the town, the projected expenses for the 2015 budget comes to just more than $696,000, a slight increase from the $681,000 that was reported in 2014.
The council also benefited from a 2014 revenue total of $685,300 that exceeded the budget’s forecasted expenses by $4,000, a trend that council hopes is repeated in upcoming months thanks to a newly-religned sewage system.
In 2013, the budget called for $69,000 for wastewater treatment. This year, that number is lowered to $65,000, and council members are hoping the long-term results of the new system will take that number lower in years to come.
In terms of expenses, the biggest area of increase percentage-wise was also a controversial one: council’s salary. Council members voted to raise their monthly salaries from $50 to $100 and Mayor Pam Harlowe’s salary from $75 to $100. The change – which goes into effect on July 1 – will come at the expense of $8,400 in 2015, a 33 percent increase from 2014.
To read the entire story, see the June 5 edition of The Central Virginian.
Click the F2F Banner for More Posts.