South Boston residents will get a chance to weigh in on a proposed real estate tax increase and the overall budget for the upcoming fiscal year when council members meet Monday evening.

The meeting gets underway at 7 p.m. at Council Chambers on Yancey Street.

While tax rates have not increased since 2015, town officials are proposing a hike to 27 cents per $100 of assessed value starting July 1.

The current rate is 21 cents per $100.

That means on a home valued at $100,000, the tax would increase from $210 to $270. Also, overall tax values have increased by about 4.4% in South Boston year-over-year.

The overall budget is proposed at $15.31 million, about a 23.5% increase from the previous fiscal year.

At April’s council session, South Boston Town Manager Tom Raab pointed out the bulk of the increase can be attributed to a $2.6 million grant for the Riverdale project. The town received the Federal Emergency Management Agency hazard mitigation grant to purchase properties in Riverdale impacted by frequent flooding of the Dan River.

It’s possible that council could take action and adopt the budget and tax increase on first reading, according to the agenda. Otherwise, members may decide to defer a final decision until the next session.

Other issues

In other matters, council is expected to hear funding requests from area organizations.

The Halifax County-South Boston Public Library is asking for nearly $112,000 in financial support from the town.

In a letter to the town manager, Jay Stephens, the library director, said the increase in funding request is to help meet the state mandated minimum wage of $12 an hour effective in January. The library system is looking to give all employees a 5% raise for the next fiscal year.

The South Boston-Halifax County Museum of Fine Arts and History also is looking for an increase in annual town funding from the current $27,500 to $35,300.

Doug Ford, the president of the museum’s board of directors, also cited the state’s minimum wage law for rising costs in addition to basic maintenance expenses increasing.

Council also is expected to receive the 2021 annual report from the South Boston Police Department and consider a request to reappoint Sterling Roberts to the South Boston Board of Zoning Appeals.