By David Jenkins
Murphy city council members recently met to hear request from department heads for the estimated $14.5 million general fund portion of the fiscal year 2018 budget.
Total budget for the city is $14.9 million divided into the general and utility funds, plus specific tax-supported expenses such as economic development, debt service and capital projects.
The property tax rate, which was set at 51 cents per $100 valuation last year, will be addressed during a future budget workshop, after certified property values are released by Collin Central Appraisal District.
The proposed general fund was $14.5 million; a decrease of $396,589, from the FY ’17 budgeted of $14.9 million.
Tim Rogers, Director of Public Services, spoke on behalf of parks, public works, facilities, recreation, and water and wastewater. He asked for $4.6 million for the water department. Big-ticket items include $4 million to cover the cost of water rate increase from North Texas Municipal Water District, $210,00 for debt service and $179,00 for electricity.
For the full story see the June 8 issue and e-edition.