Wednesday, March 19, 2014

City Ready to Pass 2014 Budget

City council has managed to trim about 100 thousand dollars in spending
from the 2014 municipal budget.

Overall the city will spend about 600 thousand dollars more this year than last year.

Chair of the finance committee Ron Lunny says they did their best to keep spending under control.

Overall, the tax rate will drop by four percent, however because of an increase in the municipal assessment, most homeowners can still expect to pay about 2.7 percent more in 2014.

Council is planning to pass the budget on Monday.