TOWN OF DUMFRIES PUBLIC HEARING

PROPOSED BUDGET AND NOTICE OF PROPOSED TAX RATE

AND USER FEE CHANGES

FOR THE FISCAL YEAR ENDING JUNE 30, 2015

To view FY15 Proposed Budget click here

 

This budget synopsis is prepared and published for the purpose of fiscal planning and public information. Budgeted items, proposed tax rates, user fee changes, and increases do not represent commitments or obligations of the Town Council to appropriate funds for or adopt new tax rates and user fees. The Town Council of Dumfries will hold a public hearing, for the purpose of public information and fiscal planning regarding the proposed budget, on May 27, 2014 at 7:00 PM in the Dumfries Town Hall, 17755 Main Street, Dumfries, Virginia. The public hearing will allow the public to question and comment on the proposed budget. All citizens are invited to attend and share their views on the proposed budget. A copy of the proposed budget and additional background materials are available for public inspection from 8:30 AM to 5:00 PM weekdays at Dumfries Town Hall, 17755 Main Street, Dumfries, Virginia. The FY 2015 proposed budget for the Town of Dumfries, as recommended by the Town Council, is in accordance with the following summary:

 

ESTIMATED REVENUE FY 2015

 

General Funds FY 2015 Estimate

 

Total $ 4,375,141

 

GENERAL FUND OPERATING BUDGET

Department FY 2015 Estimate

 

Governing Body                                                 $   58,502

Administration 931,912

Economic Development                                                             0

Information Technology                                               190,144

Buildings and Grounds                                                   81,600

Public Safety                                                      1,264,405

Street Maintenance                                                       240,000

Community Development                                             113,604

Public Works                                                                752,118

Storm Water Management                                      194,568

Community Services                                                     140,229

Boards and Commissions                                               19,450

Non-Departmental                                                                   0

Debt Service                                                                 388,609

Total $4,375,141

 

PROPOSED TAX RATES

 

*Ordinances to establish the following proposed tax rates are part of the

fiscal plan:

 

Real Estate Tax Rate:  $ 0.2333/100 of assessed value

*Storm Water Management Fee:

a. Detached Single Family Homes     –  $28.00 Annually

b. Townhome & Condominium Owners    –  $23.80 Annually

c. Nonresidential Property Owners   –  $ 0.97 per 1,000 sq. ft. of impervious area

d. Owners of Undeveloped Properties – No fee charged

The SWM Fee will be on the Real Estate Tax Bill.

Right of Way Access Fee – $0.97 per line/per month

*Vehicle Tags – $24.00 per vehicle per year.

Meals Tax – 4%

Transient Tax – 5.5%, plus $1.00, per night, per room

*Business Licenses:

Contracting/Construction: .092 cents per $100

Retail Sales: .125 cents per $100

Repair/Personal/Business Service: .18 cents per $100

Financial/Real Estate/Professional: .29 cents per $100

Wholesale: .02 cents per $100

*Cigarette Tax: .55 cents per pack

 

 

TAX EXEMPTION INFORMATION FOR TAX YEAR 2014 REQUIRED BY

SECTION 58.1-3604 OF THE CODE OF VIRGINIA

 

Assessed value of property exempt from taxation                $24,704,700

Reduction in tax revenues from tax exemption                    $       67,518

Tax exempt property as a percent of the aggregate

assessed value of all real property                                                     6.32