Board Delivers Budget - Balanced and On Time
 
Posted on Wednesday June 06, 2012
 
The Board of Mayor and Aldermen of the Town of Atoka adopted the Town budget for fiscal year 2013 on Tuesday, June 5. The $5.5 million dollar budget is a balanced spending plan that maintains property tax rates and funds a host of Town priorities going forward. The Town's fiscal year 2013 begins on July 1, 2012.
 
Following first consideration of the budget in May and a public hearing held to receive citizen feedback on the proposed spending plan, the Board of Mayor and Aldermen unanimously approved adoption of the Town's budget at their regular meeting on June 5. 

In approving the budget, the Board held property tax rates at the FY2012 levels - maintaining Atoka's standing with one of the lowest property tax rates in Shelby or Tipton Counties.  The budget also holds water and sewer rates and fees at their current levels for customers of Atoka Water. 

The $5.5 million budget funds a host of Town priorities for the coming year, including:
  • Resurfacing and improving Meade Lake Road and Walker Parkway
  • Upgraded picnic and recreational facilities at Town parks
  • Design work for a new Town Hall facility and intersection improvements for Atoka-Idaville and Rosemark Roads
  • Upgrades to a key sewer pumping station
  • Employee raises of 3% for full and part-time employees
  • Ongoing vehicle fleet maintenance and replacement plan
For the first time in several years, the Board of Mayor and Aldermen approved adoption of the Town's annual budget ahead of the July 1 beginning of the fiscal year. 

A final copy of the adopted budget is being prepared and will be posted online in the coming weeks.    
 

 
Town of Atoka, Tennessee 334 Atoka-Munford Avenue Atoka, TN 38004
Phone: (901) 837-5300
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