The City of Belle Meade's Board of Commissioners met Wednesday night for its monthly meeting. With sidewalks along Harding Place nearing completion, the city will soon see the installation of a city-wide video surveillance system and other projects during its new fiscal year.
Here are two things to know about Belle Meade this month:
The city began new fiscal year July 1
Belle Meade's budget is broken down by two factors—expenditures and revenues. This year the city expects to gain $4.9 million in revenue and see $4.5 million in expenses. City expenses include employee compensation, public works projects and building inspection.
Here's a breakdown of the city's budget
As shown in the graphics, more than half of city’s revenue comes from the intergovernmental category, which includes sales tax, mixed drink/beer taxes, gasoline taxes and the Hall tax—the latter a tax Tennessee legislators set on a course to be phased out by 2022.
Over the next few years, city officials say it will become more dependent on local taxes as the Hall tax is eliminated. Local taxes, which make up 32 percent of the city’s revenue, include property taxes, personal property taxes and public utilities property taxes.
How the budget compares to the 2017-18 fiscal year
Last year the city established $1.9 million to fund large capital improvements, including a city-wide video surveillance system, Harding Place sidewalks and a three-year, three-phase sewer pressure modeling project.
This fiscal year will wrap up the above projects, and the city will focus its efforts on new budgeted improvements such as paving projects on Tyne Boulevard, West Tyne Drive and Leake Avenue; stormwater projects on Belle Meade Boulevard, Lynwood and Westview; and enhancing security features to the dumpsters located at City Hall.
This year's capital improvements fund is just more than $500,000.
You can see a full breakdown of the city's expenditures and revenues here.
Video surveillance system nearing completion
A city-wide video surveillance system is in its final installation stages. The project includes installing license plate recognition cameras at at 20 intersections surrounding Belle Meade. The project has been in the works for more than two years.
What to know
- The cameras, manufactured by Memphis-based company Skycop, are able to detect a license plate listed on a crime database.
- The surveillance system does not track speed, therefore no speeding tickets will be issued.
- Metro Council passed an ordinance in 2017 that outlaws law enforcement from using surveillance cameras. Although some things overlap between Nashville and Belle Meade, the city is able to bypass Metro's law.
The next Board of Commissioners meeting is Wednesday, Aug. 15, at 4 p.m. Regular meetings are held at City Hall, located at 4705 Harding Road.