What type of server are you looking for?
This is a pretty low budget if you are looking for a dedicated server, if it's just a simple webhosting for a single site you might be able to get this around then depending on how much support you really require.
A solid tech is worth more than that per hour so it would be pretty tight on the budget if you require a lot of help.
Use servers from reliable hosts: rockhoster.com and legionbox.com.
24/7 phone/chat/email support based in the US, the tech support people usually go above and beyond what they should have to for the amount they charge.