24-05-2025
Broadway budget: No tax hike but water/sewer fees rising
BROADWAY — Residents of Broadway will not have an increase in property taxes this year, but the rate for water and sewer service is rising by 10%, according to Town Manager John Godfrey.
He presented the proposed budget for fiscal year 2025-26 at a meeting of the Broadway commissioners Monday.
The overall total for the proposed budget is $1,910,424. That includes $1,374,603 in the general fund and $535,821 in the utility fund, Godfrey said.
The tax rate will remain at 46 cents per $100 of property value, which 'is adequate to meet our needs,' Godfrey said.
He is proposing a 10% increase in water and sewer rates to help meet expenses with an 'aging water and wastewater system.'
A 3% convenience fee will be charged to customers who pay their bill with credit cards, Godfrey said.
'The fee is only charged to assist in covering the cost of the convenience of using a card and preventing the town from absorbing processing fees charged by credit card companies. Customers are welcome to pay by bank draft, cash, check or money order,' he said.
The budget also includes a 3% cost of living raise for employees and an anticipated increase in attorney's fees as the town's longtime counsel, Jimmy Love, is retiring at the end of June.
Sanitation fees will increase by $1.55, Godfrey said.
'There have been discrepancies on the number of carts in town, and we completed an audit this past year to rectify that issue,' he said.
The rate increase will allow the town to continue with cart service and the pickup of bulk trash.
