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Home Courthouse Legals

Notice of Public Hearing

May 5, 2022
in Legals
Reading Time: 1 min read
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Public Hearing Notice

On Monday, May 23, 2022, at 6:30 p.m., Salem City Council will hold a public hearing in Council Room, City Hall, located at 114 North Broad Street, Salem, Virginia for the purpose of receiving public input on the 2022-2023 budget.

All persons shall be offered an opportunity to speak and state their views concerning all aspects of the budget within such reasonable time limits as shall be established by City Council. Persons desiring to speak may be asked to register at the meeting. Written comments of interested citizens will be received by the City Clerk prior to the hearing.

A summary copy of the budget may be viewed on the City of Salem website:

https://www.salemva.gov/Departments/Finance.

The recommended budget is summarized as follows:

Recommended Budget for Fiscal Year 2022-2023

RECOMMENDED REVENUES BUDGET 2022-2023

 

General Fund

General Property Taxes  $44,905,191

Other Local Taxes  $25,542,300

Permits and Licenses  $342,740

Fines and Forfeitures  $76,000

Revenue from Use of Money & Property  $702,940

Charges for Services  $3,479,253

Payment in Lieu of Taxes  $3,274,929

Miscellaneous  $313,500

Revenue from the Commonwealth  $14,109,196

Revenue from the Federal Government  $7,877

Transfers  $16,649,631

Total General Fund  $109,403,557

Special Revenue  $30,349,731

Debt Service  $5,515,967

Electric  $42,442,568

Water  $13,934,929

Sewer  $13,446,000

Civic Center  $4,163,768

Salem Catering and Concessions  $759,079

 

School Component Unit

State Revenue, excluding Sales Tax  $21,488,383

Sales Tax $4,693,267

Federal Revenue $5,650,323

Local Revenue $20,897,899

Other Revenue $505,886

Total School Component Unit $53,235,758

 

Total Revenues All Funds $273,251,357

Less Fund Transfers ($57,152,145)

Total Net of Transfers $216,099,212

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