Corinth officials anticipate no ad valorem tax increase

By Lena Mitchell
Daily Journal Corinth Bureau

CORINTH – The Corinth board will meet at 9 a.m. Tuesday to finalize the budget proposal to be presented at a public hearing at the start of Tuesday’s regular 5 p.m. board meeting.

During a budget work session this week, the board agreed on several requests from outside agencies, some of them receiving increases over the current budget year that ends Sept. 30.

One decision that remains for city leaders is whether they’ll be able to offer city employees a salary increase. In any case, the board plans no increase in the ad valorem tax for the Fiscal Year 2014 budget that begins Oct. 1.

The city regained $63,000 in previously allocated funds when the Crossroads Arena, which had received that amount in previous budget years, did not ask for any budget support for the coming fiscal year. The arena received $250,000 from the

Corinth Area Convention and Visitors Bureau last year and reduced its request to the CACVB to $200,000, saying they expected to make up the difference in support through operations revenue.

lena.mitchell@journalinc.com