Budget matters are expected to highlight Tuesday's Big Spring City Council meeting, slated to begin at 5:30 p.m. in council chambers, located at 307 E. Fourth St.
Assistant Finance Director Don Moore will make a presentation of the proposed and effective tax rates during the meeting and council members are expected to approve Sept. 10 as the date for the first public hearing on the the proposed tax rate and budget.
The actual proposed rate â 86.5 cents per $100 property valuation â is unchanged from the current budget. However, an increase of more than $500 million in the city's tax rolls means more tax revenue â approximately $550,600 â will be collected in the coming fiscal year, city officials said.
With that extra money, officials plan to begin the process of making city salaries more competitive with the private sector.
âThe employee compensation plan we've developed will provide for a 6 percent increase in pay for city employees across the board,â City Manager Todd Darden said earlier this month. âOur hope is this plan will help reduce the turnover rate, help eliminate understaffing and overtime costs and bring the city's pay plan closer to the market.