Monterey Town Council’s Close Out Meeting
The Monterey Town Council held it’s close out meeting June 28th.
Council approved the town’s fiscal year 2023 budget, with amendments to the general fund budget discussed at last month’s meeting. Those amendments were two corrections on amounts for state funding.
Monterey’s general fund budget is $175,661.00. The town’s water and sewer budget expense total is $425,253.00.
Tax levies, per $100 of assessed value, on both real estate and personal property will stay the same. Real estate is .18, mobile homes .48, personal property $1.40, machinery and tools $1.40 and merchant capital $1.40.
The Town Council also discussed a resident’s high water bill. The resident submitted a letter explaining what caused the excessive water usage and the high charges. There was a leak, which was known about for some time. Council reviewed the information submitted and voted to authorize Mayor Ronald Wimer to make adjustments to the water bill according to established policy.
In order to close out the fiscal year 2022 budget, the Town Council authorized the Mayor and Town Clerk to balance categories in the budget, so no deficits remain in any categories.
The Monterey Town Council will not hold a monthly meeting in July. The next meeting will be held on Thursday, August 4.