F’ville Council looks at budget measures

Tue, 10/13/2009 - 3:47pm
By: Ben Nelms

The Fayetteville City Council at its Oct. 15 meeting will hear the first reading of the final amendment to the 2009 budget. Essentially a housekeeping issue, the amendment will address the General Fund, Special Purpose Local Option Sales Tax (SPLOST) and Vehicle Rental Excise Tax Fund budgets.

Specific to the General Fund, adjustments will be made to the Fines and Forfeitures, Public Works and unreserved fund balance portions of the budget, according to Finance Director Lynn Robinson, who in a Sept. 30 memo said the needed action was a housekeeping issue related to the year-end audit.

The council at the meeting will also hear the second reading and vote on a measure to extend the partial exemption on the impact fee and sewer proportionate fee ordinance.

If approved, it would continue the 50 percent reduction for the redevelopment and reuse of existing retail spaces such as restaurants and medical offices. The extension applies only to non-residential space where a higher use would require additional fees.

A partial exemption was approved for a one-year period in 2008 in an effort to help boost the local economy.

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