FY 2024-2025 Budget
TOWN OF WEDDINGTON
BUDGET PUBLIC HEARING NOTICE
The proposed FY 2024-2025 budget for the Town of Weddington has been presented to the Town Council and is available for public inspection at Town Hall from 9:00 a.m. to 1:00 p.m. Monday, Wednesday, and Friday.
There will be a public hearing on the proposed budget at 7:00 p.m. on June 3, 2024, at Weddington Town Hall, 1924 Weddington Road, Weddington, NC 28104. The proposed budget is summarized as follows:
Revenues |
|
Ad Valorem Taxes | $859,450 |
Solid Waste Revenues | 1,175,000 |
State-Collected Revenues | 860,500 |
Zoning and Subdivision Revenues | 25,000 |
Investment Revenue | 150,000 |
Other Revenues | 28,000 |
Total Revenues | $3,097,950 |
|
|
Expenditures |
|
Administrative Expenditures | $592,155 |
Planning and Zoning Expenditures | 693,550 |
General Government Expenditures | 1,812,245 |
Total Expenditures | $3,097,950 |
Total Fund Balance Appropriation | $0 |
|
|
The tax rate for FY 2024-2025 is $0.025 per $100 assessed tax value (reduced from $0.045).