By Beacon Staff
The Burlington City Council passed the fiscal year 2022-23 budget, approving borrowing $10.85 million in general obligation loans at its regular meeting on Monday, March 21.
For 2022-23, the estimated total tax levy rate per $1,000 of valuation on regular property is $15.43637. The property tax rate will not change from the previous year.
The city’s operating revenue for 2022-23 is estimated to be $85,609,791, with expenditures of $90,554,605. That includes $28,805,525 in capital projects. The taxable valuation for the city is down by 2.25 percent.
General obligation loans
The council also voted to enter into general obligation loan agreements for a principal amount of $10.85 million. That money will be used for several purposes, including:
• Street, stormwater drainage, water system, sanitary sewer system, and sidewalk improvements.
• Acquiring and installing street lighting, signage, and signalization improvements.
• Improving and equipping municipal parks, including the Riverfront Park Enhancement Project.
• Beautifying and improving real estate associated with and adjacent to flood control improvements.
Officer of the year
Before approving the budget, the council made a proclamation that designated Burlington Police Officer Will Reddick as the Lieutenant Steve Casady Officer of the Year. The honor is named for Casady, who exemplified the characteristics of an officer going above and beyond expectations daily.
Reddick has been instrumental in the success of the Problem-Oriented Policing Unit. In addition, he has had countless cases presented and accepted by the United States Attorney for prosecution.
Reddick’s work at the federal level has been so successful that he recently became a federal task force officer. He is the first in the history of the Burlington Police Department to hold such a position.