Final details of pay raises, agency allocations and other budget matters concluded Monday as the Corinth Board of Mayor and Aldermen adopted the budget and tax levy for the coming fiscal year.
There is no change to the millage levy for property taxes in the city and the Corinth School District, with a total millage rate of 95, for the new budget year beginning Oct. 1.
The budget includes pay increases for city workers. Most employees will see approximately $2,100 annually added to their pay, but an updated pay chart could mean a larger increase for some.
With sales tax booming, “The board felt it was a very appropriate time to give the pay raises,” said City Clerk Vickie Roach.
While the city hopes to see more record-breaking numbers, she said the new budget takes a conservative approach on those projections.
The recent property reappraisal is not expected to be a huge boon to the budget – it is projected to add only about $100,000 in new revenue.
Equipment purchases in the budget total $1.553 million. That includes some items such as police patrol vehicles that are rolling over from the current fiscal year because of pandemic delays. Law enforcement agencies are struggling to get new vehicles.
Changes were few in allocations for outside agencies that receive city funding each fiscal year, with total allocations rising from $482,421 to $504,350.
Corinth Theatre-Arts presented a first-time request for financial support in the amount of $35,000. Roach said the city only has the authority to provide matching funds to the organization, and the board voted to provide $4,000 toward the purchase of HVAC units.
The CARE Foundation will get $23,000 toward the program that helps citizens replace sidewalks in the downtown area, and The Alliance is getting an increase of $14,000.
Other agency allocations:
Airport – $110,000
Alcorn County Health Department – $1,000
Alcorn County Soil & Water – $5,000
The Alliance – $180,000, up from $166,000
Verandah House – $35,000
Animal shelter contract – $70,000
Care Garden – $9,000
Keep Corinth Beautiful – $4,000
Main Street Corinth – $40,000
Museum – $24,150, up from $23,000
Veterans Service Office – $1,200
Arts Council – $18,000, up from $13,200
Boys and Girls Club – $3,000