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Stem board adopts $556K budget

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STEM — Town officials voted to adopt a $556,000 budget for next fiscal year in a special-called meeting Thursday.

The budget does not call for a tax increase. Stem residents will continue to pay a tax rate of 45 cents per $100 valuation.

The commissioners had earlier sent the proposed budget back to the town’s finance committee for revisions, asking the committee to move money from one classification to another.

Once that task was complete, the board adopted the budget with the changes.

Also at Thursday’s meeting, the board made two amendments to the current year’s budget.

The amendments total just over $3,200 and are for information technology equipment for the police department and the commissioners.

The exterior of town hall will get a slight face lift. The commissioners approved spending nearly $4,000 to replace several windows, replace broken vinyl siding and repair a hole in the concrete wall.

The work will also include caulking and sealing as necessary, painting the shutters, repairing and replacing the glass in the notice box outside the entrance.

Town Hall will be pressure washed to complete the job.

The town-owned building beside town hall will also see a little work. The overhang on the side of the building facing Main Street will be removed as part of the project.

Stem’s board meetings continue to be virtual due to the coronavirus. The board has a virtual work session scheduled at 6:30 p.m. on July 6.