11/18/2010Posted by MJ
"The 2011 budget the Common Council passed Wednesday includes a property tax reduction that may evaporate for many homeowners once the cost of the city’s new privatized garbage and recycling program is figured in..."
The $21.4 million general fund budget spends almost $1.8 million less than this year, but that’s primarily because the Council detached the estimated $1.3 million cost of the new garbage program and placed it in a separate budget. The tax rate of $15.24 per $1,000 of assessed valuation is down 69 cents, or 4.34 percent, but that’s because garbage isn’t included.
Now we can follow the garbage privatization process unfold...