City of Troup discusses tax rate, budget

Posted

The City of Troup held a special meeting Monday, Sept. 11, to host the second public hearing on the proposed property tax rate of $0.912933 per $100 valuation, which is expected to generate $681,832. No citizen attended the meeting so no public comment was made.

The city proposes to use the increase in total tax revenue for the purpose of employee compensation and benefits and street repairs.

Also on the agenda was the discussion of the proposed 2017-2018 budget, which assumes that the proposed property tax rate will be adopted. The City of Troup received fewer funds from sales tax revenue than expected, which is why the proposed property tax rate is higher. The city will collect $373,000 in funding from sales tax revenue, $371,000 of which has been budgeted.

The council unanimously ratified the proposed budget of $1,575,295.43.

The next council meeting for public comment on the proposed rate will be at 6:30 p.m. Monday, Sept. 18, at the Troup Municipal Library on 102 S. Georgia. The council will adopt the proposed property tax rate and proposed budget barring any opposition.

The council also made note of the new texting-while-driving ban. Troup police are giving people a 30-day grace period where warnings, not tickets, will be issued in order to give drivers a chance to get used to the new law. Texting is not permissible at a red light or stop sign. If a text must be sent, the driver will be required to pull safely off to the side of the road and park.

Comments