Morrisville Town Manager Martha Paige presented the recommended budget for FY2018 at Tuesday’s Town Council meeting. The $34.9 million plan recommends holding the tax rate at $.39 per $100 valuation. There is a projected sales tax growth of 4.25%, while property tax base is projected to remain constant in the upcoming year, with conservative growth forecast over the next five years. The budget also includes some user fee adjustments to reflect additional costs to provide services; the Stormwater Fee and Vehicle Decal Fee will remain unchanged. Fund balance is for onetime capital investments.
The approach employed in developing the budget balances recommendations of ways to meet our current needs with a fiscally responsible long-term financial forecast. Activities and requests must align with Town Council’s strategic priorities, which include Quality of Life, Superior Services, Community Safety, Growth Management and Economic Development. Transportation and related infrastructure improvements continue to dominate the budget appropriation requests. This year, there is also a focus on completing the long-term projects that are currently underway.
Town Manager Paige commented, “Town Council and Town staff have worked hard to move forward and get things done. As we continue emphasis on connectivity within our community through roadway improvements, sidewalks, greenway projects and citizen accessibility, we are also moving ahead on community-centric projects such as a Town Center, the Food Hub/Farmer’s Market, and Morrisville Aquatics and Fitness Center renovations. Fiscal Year 2018 is foreseen to be a year of accomplishment.”
The proposed budget is available on the Town’s website at www.townofmorrisville.org/budgetportal. Residents are also encouraged to submit their feedback online through the Budget Portal, or at the Public Hearing scheduled for Tuesday, May 23 at the next Town Council Meeting.