City Taxes to go up 3cents/$100
By BryanM From • Jun 10th, 2008 • Category: News.Local, PoliticsThe city council finally had the first vote on a budget tonight. The agreed upon tax rate is going to be $0.56 per $100 of assessed value ($90 per year for a $300k home). The budget process still requires one more vote in 2 weeks.
At this rate, city workers aren’t going to get raises, and some spots will remain unfilled, or the positions will go away. At least one full time transitions back to part time, and benefits take a cut. Outside agencies aren’t safe either, they are going to get cut, but are in line for an even bigger cut next year. This budget leans the city budget from last year, so expect to either see efficiencies, or reduction in services. They also are using $400k from the reserve fund to feed outside agencies this year, and sending them notice that next year they too will need to make up that additional lost revenue.
More city council meeting notes at InTheBurg.
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