Town of Smithfield issued the following announcement on July 11.
The sitting Smithfield Town Council unanimously passed the fiscal year 2022-2023 operating budget at a meeting held on Monday, June 27th.
The $43,445,215 budget, which begins July 1st, includes no increase to the current property tax rate of 57 cents ($0.57) per $100 property valuation, and no increases to electric and water fees. Increases in sewer rates ($1.48 average monthly residential increase to residents inside town limits) and sanitation fees ($0.45 monthly increase for each rollout container) were a direct result of Johnston County rate changes.
Major capital expenditures in this year’s budget include the replacement of four police vehicles, new fire and sanitation trucks, East Smithfield water line improvements, and annual street resurfacing projects. The budget also includes the implementation of an internal salary study. In addition, the town received a $3,795,880 EDA grant to assist with a sewer outfall line project in West Smithfield.
View the FY 2022-2023 Fee Schedule
Original source can be found here.
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