The Town of Blowing Rock Financial Facts and Trends

JULY 21, 2017

 

IMPORTANT FINANCIAL FACTS AND TRENDS FOR THE TOWN OF BLOWING ROCK, N.C. OVER THE PAST FOUR YEARS TAKEN FROM BUDGET REPORTS BY THE TOWN AND OTHER SOURCES

 

FINANCIAL FACTOR                                          6/30/2013*                     7/1/2017                     % CHANGE

 

TOWN POPULATION                                             1232                                1241                                + 0.7%

 

PROPERTY TAX BASE                                         $ 1.123 BILLION              $ 1.129 BILLION              + 0.5%

 

CONSUMER PRICE INDEX                                     233.596                          244.524                         + 4.68%

 

ANNUAL BUDGET                                              $ 4.702 MILLION            $ 14.521 MILLION        + 256.8%

(ACTUAL)                         (ADOPTED)

 

 

PERSONNEL EXPENDITURES                            $ 2.222 MILLION            $ 4.466 MILLION          + 100.9%

(ACTUAL)                         (ADOPTED)

 

BASIC WATER RATE                                             $ 35.50                            $ 44.00                          + 23.9%

(5000 GALLONS)

RATE FOR EXCESS PER 1000 GAL.                       $ 4.75                              $ 5.75                          + 21.1%

 

BASIC SEWER RATE                                             $ 35.50                            $ 44.00                          + 23.9%

(5000 GALLONS)

RATE FOR EXCESS PER 1000 GAL.                       $ 4.75                              $ 5.75                          + 21.1%%

PROPERTY TAX RATE                                         $ 28 CENTS/$100          $ 37 CENTS/$100          + 32.1%

 

*TOWN FISCAL YEAR ENDED 6/30/2013

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