Davidson town council approves $2.6-million budget

DAVIDSON—Property taxes remain unchanged as does much of the Town of Davidson’s 2018 budget when compared with last year’s plan.

On May 3 town council approved the $2.6 million operating budget, which contains a small surplus of $14,698.

Mill rates are staying the same as 2017, so municipal property taxes will generate about $1.4 million, about the same as last year.

Administrator Gary Edom said the town has budgeted some money for pavement for Davidson streets. Council has earmarked $200,000 towards repaving projects. In 2017, the town spent $245,423 on asphalt. It has also set aside $75,000 to reline a couple of blocks of sewer mains.

Other expenses of note include money for upgrades to the lounge at the AGT Centre and for renovations to the fitness centre.

At $829,400, recreation and cultural services is the greatest expense in the town’s budget. This is less than the $906,444 spent in 2017, largely due to the repayment of the new swimming pool loan.

The town spent less than half of what it anticipated on snow removal last year. It budgeted $19,200, but due to the lack of snow, spent only $7,858. For 2018, the town is budgeting $15,500 for snow removal.