Thursday, March 28, 2024
48.3 F
Kilmarnock

White Stone council gets a jump on 2023-24 budget, reviews revitalization plans

Lisa Hinton-Valdrighi

by Lisa Hinton-Valdrighi

WHITE STONE—The White Stone Town Council began its fiscal year 2023-24 budget discussions March 2 as town manager Patrick Frere presented the expected revenues.

According to Frere, who reported on behalf of the finance committee, the anticipated revenues for 2024 will increase by $10,792 over the current fiscal year, from $226,545 to $237,337.

The only line items reflecting a decrease are fines, tag sales and permits. The committee anticipates a $1,000 increase in bank franchise taxes, another $3,000 each in the prepared food tax and local sales tax, and a $5,000 rollover in the general fund balance.

“We’ve taken a cautious approach to what we see for the town and it’s usually worked for us,” said Frere. At the end of this fiscal year, the committee expects the town finances “to be $30,000-$40,000 to the good but we only project about $19,000.”

Frere and the committee will meet again in March and present the expenditure portion….
[xyz-ihs snippet=”TO-VIEW-MORE”]

Rappahannock Record Staff
Rappahannock Record Staffhttp://www.rrecord.com
From the Rappahannock Record news team

Follow us on Social Media

Your Local Weather

Kilmarnock
light rain
48.3 ° F
49.8 °
46.7 °
92 %
1.6mph
100 %
Fri
55 °
Sat
65 °
Sun
66 °
Mon
59 °
Tue
53 °