Wales Supervisor Mary Weinman Wednesday submitted a $796,126 budget for 2000 that includes a 7-cent cut in the tax rate to 94 cents per $1,000 of assessed valuation and an overall decrease in spending of $18,381 or 2.3 percent.
The majority of residents will see their taxes go down 12 cents per $1,000 of assessed valuation. Depending on which special districts residents live, in that figure could drop further.
Included in Mrs. Weinman's budget is a 3 percent across-the-board salary increase for employees and officials.
According to the budget plan, the general fund budget is down by $1,975 to $438,547 and carries a tax rate of 31 cents, a decrease of 4 cents. The amount to be raised by taxes is $29,566. Revenues from the sales tax and interest on investments increased the revenue side by $39,200 and a surplus of $90,000 will be used to lower the general town tax for the sixth straight year.
The highway budget of $25,3506 is expected to go down by $18,406 as a result of the retirement of a $23,000 bond anticipation note. The equipment reserve fund has been increased by $8,000 to $20,000.
Revenues are projected to be up due to good interest rates and an increase in the county highway contract. The amount to be raised by a tax levy is $88,044.
The Refuse District fee will be stay the same at $130 per household.
The Wales Center Fire Company, which provides fire protection for Wales Center is in the third year of its contract. Mrs. Weinman's plan suggests a 3 percent increase to $97,789. It would carry a tax rate of $1.22, the same as this year.
Mrs. Weinman said she has put in $20,000 for park improvements with part to go toward a playground. She also increased the budget for town celebrations by $250 to cover a proposed Memorial Day Parade.
She said the town was debt free and if residents pass a referendum in November authorizing the town to purchase the Kenneglenn estate, there would be no costs to the town until the following year.
A budget meeting workshop will be held at 7:30 p.m. Tuesday.