MADISONVILLE-The Madisonville final budget for 2012-2013 is in place without a tax increase yet enough money to give employees a 2 percent raise, the first in seven years.

In a brief get together Monday evening, the mayor and aldermen gave the budget a second and final reading. The property tax rate will stay at 52 cents while the general fund comes in at $3,438,214.

Street aid fund is set at $107,262 and the drug investigation fund will have $10,000 available.

See full story in the Wednesday, June 27, edition of The Advocate & Democrat.