With permission, The Beacon is archiving past issues of Matthews Record (also called The Matthews News & Record and The Matthews News) articles online. Throwback Thursday articles will include relevant content still facing Matthews today. This article was originally published May 25, 2006 and was written by Jessica Otto and Janet Denk.

Last week we published the top article on this page, now let’s look at the town budget 13 years ago.

Town Manager Proposes New Budget for ‘06 - ‘07

Sparsely populated for a public gathering, Monday’s Town Board meeting included, among other things, the Town Manager’s Budget Recommendations for the fiscal year 2006-2007. Town Manager Hazen Blodgett, along with Assistant Manager Kay Plyler, Management Assistant Stuart Turille and Finance Director Christine Surratt, showed members of the Board that Matthews is in very good fiscal shape.

“This is a status quo budget,” Blodgett reported. “The Town has a healthy fund balance and there’s money in the bank.”

With a budget just over $16 million, balancing all the elements can be a bit harrowing. But, as Board members emphasized at the meeting, the proposals are well thought out and constructed and they have great faith in Blodgett’s expertise. The budget will be officially adopted on June 12.

Two new elements this year include a Town Vision Plan which was adopted last year and a Performance Measurement program which helps with financial accountability and effectiveness within each department. Thus far, the elements have enhanced the process.

The budget accounts for all the services the Town provides to its citizens. Property taxes are levied on land, buildings, and income-producing personal property. The amount of tax is based on the assessed value of the property and the tax rate. Residents of Matthews continue to enjoy a current rate of 30.75 cents per $100 valuation.

Town Council meetings are held the second and fourth Mondays at 7 p.m. at Town Hall, 232 Matthews Station Street.