*Public Hearing - Ordinance 2024-01; Fiscal Year 2025 Budget, Tax Rates and Water and Sewer Rates

When:

LEGAL NOTICE

Notice is hereby given that on Monday, May 13, 2024 the Mayor and Council of Boonsboro will hold a Public Hearing at 6:30PM in the Town Annex Meeting Chambers (19 North Main Street, Boonsboro, MD) to receive public input on the Ordinance 2024-01: Fiscal Year 2025 General Fund, and Water and Sewer Fund Budgets. Public testimony is encouraged. Speakers will be allowed to address the Council for three (3) minutes. Persons with questions regarding this hearing may call 301-432-5141 for further information or email townclerk@townofboonsboro.com 

A summary of the budgets is below:
GENERAL FUND: The General Fund Budget provides estimates for the Fiscal Year 2025 revenues, based upon the tax rate of at $0.3591 per $100.00 of assessed property value, Sanitation Rate of $30 per quarter and expenditures for Capital Improvements, Public Safety, Parks and Administration.

 WATER AND SEWER FUND: The Water and Sewer Fund Budget provides estimates for the Fiscal Year 2025 revenues and expenditures pertaining to Water and Sewer infrastructure and services, based on a tiered rate structure. The proposed Fiscal Year 2025 rates are as follows:

 

Proposed Rates July 1, 2023

Residential

Commercial

Out of Town

Sewer Fixed Fee

$66.00

$66.00 per EDU

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1-18000 gallons waste water

$9.00/1000gal

$9.00/1000gal

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18001+ gallons waste water

$13.00/1000gal

$13.00/1000gal

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Water Fixed Fee

$30.00

$30.00 per EDU

$45.00

1-18000 gallons water

$6.20/1000gal

$6.20/1000gal

$9.30/1000gal

18001+ gallons water

$9.30/1000gal

$9.30/1000gal

$11.30/1000gal

The Ordinance and Budgets may be reviewed during regular business hours at the Boonsboro Town Hall located at 21 North Main Street in Boonsboro, MD or are available online at www.town.boonsboro.md.us/fybudgetsfinancials. If approved, Fiscal Year Budgets will become effective July 1, 2024.

By Authority of the Mayor and Council of Boonsboro