The Reidsville City Council plans to vote on a possible tax increase during its meeting on Wednesday, June 4.
During the meeting, which includes a public hearing, the council plans to discuss the inclusion of a three cent tax increase into the upcoming budget.
The tax increase makes up for a $300,000 deficit, which prevents the council from passing a balanced budget.
Reidsville Mayor Jay Donecker said on average this means a $40 increase per year on residents’ tax bills.
City Manager Michael Pearce said, city officials plan to use the $300,000 to repave city roads, place a new roof over city hall and offer a merit-based raise to its employees, among other things.
This is the first tax increase in the city since the 2007-08 fiscal year, according to Pearce.
The budget is open for public discussion during Wednesday’s meeting.
Resident wanting to read the budget prior may do so at City Hall and the Reidsville Public Library.
The meeting takes place at 3 p.m. Wednesday in City Hall located at 230 W. Morehead St.
For more information see Sunday’s paper…