Woodstock's 2014 Budget To Rise, Tax Rate To Remain Unchanged

The Woodstock City Council will get a first look at the proposed fiscal year 2014 budget, which is set to be slightly higher than its current budget.

The proposed $33.7 million budget will be presented to the council tonight at 7 p.m. during its special called meeting at the Chambers at City Center. The budget is slightly higher than the current fiscal year budget of $33.6 million. 

Chief Financial Officer Robert Porche will present the budget based on the city leaving its millage, water and sewer rates unchanged.

"It is always up for discussion and possible change," he added.

The proposed general fund is $16.9 million, water and sewer fund at $10.4 million and the remaining special revenue and service funds — which includes impact fees, SPLOST, hotel/motel taxes, Greenprints, capital equipment fund, debt services, workers and health compensation, tax allocation district and confiscated assets — are proposed at $6.4 million.

The city's millage rate is currently 7.889 mills. A homeowner whose house is valued at $200,000, with the standard $5,000 exemption, would pay around $592 in city property taxes. 

The council will also consider a request from the Deer Run Homeowners Association to place signage in the public right of way.

After it reconvenes from an executive session, the council could consider declaring a parcel of property as surplus and authorize it to be auctioned off. 

See the attached .PDF to view what else is on tonight's agenda.