*Note: Transfers are for budgeting purposes and are from operating surplus. The Town of Broadway operates on a balanced budget.

The town is proposing the following increases in taxes and fees to be effective July 1, 2024:

• A $0.03 increase in the Real Estate Tax rate from $0.07 to $0.10 per $100.

• A $8.20 increase in the bi-monthly trash collection fee from $27.80 to $36.00 and a $1.06 increase from $4.94 to $6.00 for each additional trash tote.

• A $0.05 increase in the Cigarette Tax from $0.20 to $0.25 on each package containing 20 cigarettes.

• A 5% increase in the water and sewer rate with an automatic increase based on CPI (Consumer Price Index) each following fiscal year. For example, the current water bi-monthly rate minimum will increase $1.12 from $22.40 to $23.52, or $0.56 per month. Additionally, for example, the current sewer bi-monthly rate minimum will increase $0.85 from $16.96 to $17.81, or $0.43 per month.

• A $2,000 increase in residential water connections from $4,500 to $6,500 (cost includes residential ¾” meter/labor at $500) and a $1,500 increase in residential 4” sewer connections from $4,600 to $6,100. Larger and commercial connection costs to be determined by Town Manager. Commercial and out-of-town limits connection costs will be reviewed on a case-by-case basis. 

• A $100 increase in the renter water deposit from $100 to $200.