April 23rd, 2010 Minutes

THE THREE HUNDRED-EIGHTY FIRST SESSION OF THE BOARD OF ALDERMAN

Special Working Meeting
Village of Alamance
April 23, 2010 – 7:30 AM

Present: Mayor Bundren, Mayor Pro-Tem Sharpe, Alderman Jones, Alderman Tichy, Alderman Clemmons, Alderman Slaughter, Clerk York.

The Board discussed the Fiscal Year 2010-2011 Budget.

GENERAL FUND

The Board agreed after some discussion to lower taxes from the current 22 cents to 20 cents in lieu of the Clerk’s proposed five cent decrease at the April 13th working meeting. The Board felt that the five cent decrease was too much considering some of the projects that must be addressed in the next budget year.

WATER AND SEWER FUND

The Board decided to increase water rates to 4.47 instead of 4.40 and sewer rates to 5.03 instead of 4.92. This was due to the fact that Burlington intended to raise their water rates by 7% instead of 5%. The Board also decided to keep the irrigation flat fee in place. Clerk York presented a Capital Improvement Plan to the Board. The plan listed future projects and cost estimates for those projects.

The Budget will be presented at the regular Board meeting on May 17, 2010.