Mineral passes budget, appropriates spending for first half of fiscal year

The Mineral town council passed their proposed budget of $868,730.89 for the 2020-21 fiscal year and have appropriated spending through December 31.

The town of Mineral passed a budget for the 2020-21 fiscal year, but only appropriated spending for the first six months.

At the town council’s regular business meeting on June 8, council passed a resolution to adopt the budget that was initially presented in March, prior to the coronavirus pandemic. The budget anticipates $868,730.89 in revenue and expenses throughout the fiscal year. Personal property and real estate tax rates are expected to remain the same.

Councilman Doswell “Tex” Pierce, who chairs the town budget committee, said that appropriating spending only for the first half of the fiscal year was purely a precautionary measure.

“The way things look, I think we’re going to be alright, but I would rather just appropriate half of it to be on the safe side,” he said. “We can come back in December and appropriate the other half if everything’s going good, and if not, we can make adjustments.”

The resolution passed 5-0, with councilman Ed Jarvis absent. Later in the meeting, council voted 4-2 to approve a budgeted raise for several town employees beginning July 1. Jarvis, who had joined the meeting via teleconference call, voted in favor of the motion, with Roy “Snake” McGehee and Ed Kube voting against.

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