Bostic Commissioners approve budget

Jun. 06, 2013 @ 06:10 AM

Bostic Commissioners unanimously approved the  2013-2014 proposed budget for the Town of Bostic during the regular meeting Monday at town hall.

The budget was balanced with a $.26 cents per $100 of property value,the same rate as the current year. 

The town's proposed general fund budget is $177,301; water fund is $165,550 and the electric budget is $410,500.  The budget also includes a 6.5 percent rate increase in the electric department due to the increases by the provider, said Town Clerk Angie Ownbey. 

Commissioners are expected to adopt the budget.