Proposed Spencer budget avoids tax hike, gives pay raises
Published 12:00 am Wednesday, June 4, 2014
SPENCER — While Rowan County and several towns and cities consider property tax increases next year, the proposed budget in Spencer has no tax hike and includes funding for a new position.
Town Manager Larry Smith proposes reinstating the full-time code enforcement officer position and giving town employees a 3 percent cost-of-living raise. Smith’s budget also includes bonuses for Spencer employees based on how long they have worked for the town.
The town’s property tax rate would remain 62.8 cents. The budget public hearing is set for 7 p.m. Tuesday in Town Hall. No additional budget workshops are scheduled.
More details in Thursday’s Post.