Tyrone Town Council approves new budget

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Tyrone Town Council approves new budget

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With very little

fanfare, the Tyrone Town Council adopted the 2003/2004 budget last Thursday

night. What does deserve fanfare, though, is the fact that there is no

change in the millage rate for the citizens of Tyrone.

The current

millage rate is 2.9 mills, which was adopted by the council last year

to offet the loss of the Local Option Sales Tax. The town will spend $2,689,843

this year and $175,000 of that is for capital improvement projects.

This year's

scheduled capital improvement projects are the street program, which $60,000

is budgeted for and the lighting of two fields at Handley Park to the

tune of $115,000. The street program will spend $45,000 on road patching

and $15,000 on road resurfacing. A commercial paving company will patch

various streets before resurfacing within the town's limits.

Among the notable

elements of the proposed revenue for this year's budget are a 400-percent

increase in alcoholic beverage licenses, which produced $3,200 more revenue

than last year and a 192 percent increase in background check fees, which

gave the town $9,200 extra dollars this year. The town also carried $68,362

forward from last year's budget.

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