Siler City to hold public hearing on budget

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The Siler City Board of Commissioners will hold a public hearing on its proposed budget on June 17. The proposed Siler City budget includes an increase of approximately $3 million, mostly due to revenues the town anticipates to receive with the completion of the Mountaire Farms poultry processing plant.

The proposed spending plan includes a tax increase of 3 cents per $100 of valued property. That increase is expected to bring in additional revenue of approximately $153,000, which the budget allocates for hiring three additional members of the Siler City Fire Department. Water and sewer rates for municipal users will not increase under the current proposal.

The budget reflects both required projects and priorities of the Siler City Board of Commissioners which include renovations to town hall, increased funding to non-profits, employee retention and development, and increased costs due to increased utility usage by Mountaire Farms.

For full coverage of the Siler City budget, see next week's Chatham News + Record.

Siler City, Budget