Madison approves $37M budget for next year
MADISON — A $37.6 million budget for Fiscal 2022 that did not include a tax increase was approved by the Mayor and Board of Aldermen earlier this month.
The new budget is $2.3 million more than last year’s with $30.5 million in total revenue and carrying over a beginning balance of about $7 million.
The budget contains $13.8 million in capital improvement projects including $6.5 million for Hoy Road, $1 million for Madison Avenue improvements and $6.3 million in downtown development.
The city’s millage rate will stay at 28.8 mills, officials said. A mill is $1 on every $1,000 of a property's assessed value.
No one spoke during the public hearing on the budget that was unanimously approved.
In other matters at the city’s Sept. 7 meeting:
• The board held a public hearing on a private property at 412 Post Oak Cove. Madison Code Enforcement Officer Miriam Ethridge spoke about the condition of the property including foundation problems, fire damage, trash in the yard, and bug/pest problems and three residents of the area spoke as well. After the public hearing, the board unanimously approved having a resolution drafted to condemn the property.
• Mayor Mary Hawkins-Butler presented a certificate of outstanding achievement to Kennedi Sanders of Madison Central High School and Madison-Ridgeland Academy for her achievement of being named the 2020-2021 Gatorade Mississippi Track and Field Player of the Year.
• The board unanimously approved the consent agenda.
• The board held a public hearing for the upcoming Wind Dance subdivision project.
• The board adopted a resolution for adjusting ad valorem tax levies for the real, personal, vehicle, and public utility property for the taxes for the City of Madison. A vote on the resolution was planned for the next meeting.