The public hearing on the proposed budget will be held on Monday, June 22, 2015, at 5:30pm at the Clover Community Center.

The final reading of the budget will be held during a Special Town Council meeting on Monday, June 22, at 5:30pm at the Clover Community Center.

General Fund

• Rollback property tax millage and proposed millage increase from 116 to 120 mills.  One mill generates $16,312 in revenue as based on the total estimated assessed value of all real and personal property within the town.  At 120 mills, an owner occupied residential property will pay $120 for every $1,000 of assessed property value, i.e. a $100,000 property will pay $480 in property tax.  Increase expected to generate an additional $32,000 in revenue.
• A $1 increase in sanitation/landfill fees estimated to generate an additional $26,400 in revenue.
• One additional staff person (Recreation Department)
• 7% increase in health insurance premiums
• Replacement vehicles and equipment including a new garbage truck
• Expansion of the Facade Grant and Live Well Clover Programs

• Increase in rates based on 2014 Rate Study
• Major meter replacements and building repairs
• Establish Replacement & Rehabilitation Fund (R&R)

• New Centre Park Phase 2 and old Town Hall renovations and Armory renovations and purchase and renovation of Rescue Squad building