CHINA GROVE ó The town board will hold a public hearing today regarding the 2011-12 budget.
The pending budget will include a 4 cent tax increase, which is being proposed following changes to property values in the recent revaluation.
The board proposed an increase that would take taxes from 43 cents to 47 cents.
The board increased taxes last year by 5 cents, but had not done so previously since the last revaluations.
Also part of the budget proposal is a contract with Salisbury-Rowan Utilities in an effort to reduce its water rates.
The town receives water from Salisbury-Rowan Utilities. The town entered into an agreement more than a decade ago when it used more water.
The town has talked with Salisbury in the past about a possible merger that would reduce its rates, but never came to a mutual agreement.
There has also been past discussion of breaking the contract with Salisbury and doing business with other systems that could offer lower rates.
In February, town officials approved a resolution to transfer the water and sewer system to the control of Salisbury.
The meeting will be held at 308 E. Centerview St., in the former South Rowan Medical Mall.
Contact Shavonne Potts at 704-797-4253.