Benton City's almost 3,000 residents can expect to pay about the same in taxes for 2011 as they did this year, Mayor Lloyd Carnahan says.
The 2010 levy rate of $1.29 won't change much, even though the council voted unanimously Tuesday to raise property taxes by the 1 percent allowed by law.
The council expects to receive $134,780 in property taxes on an estimated assessed valuation of about $105 million. The new levy rate would impose $129 in property taxes on a $100,000 home.
The council also gave initial approval to a $4.4 million expense and capital budget for next year that includes a 6 percent pay increase for the city's 10 employees.
The new budget and levy rate are "just about the same" as for 2010, Carnahan said.
"We're fortunate that we don't have to lay anybody off and we are able to proceed," he added.
The council's final approval of the 2011 budget is expected at its Dec. 7 meeting.
The expense budget totals $1.3 million, which includes salaries. The capital side of the budget includes $813,498 for streets, which includes a state Transportation Improvement Board grant of $400,000 for rebuilding Dale Avenue.
The largest expenditures are for water and sewer, which total $1.6 million and another $300,000 for water and sewer maintenance and paying off bonds.
The city wants to replace more of its metal 4-inch water mains and do more street upgrades, Carnahan said.
"We need to drill another well, too," he said.