Wednesday, April 14, 2010

BOF Adds $1M to Budget

By a vote of 5-1, the Board of Finance tonight added $1,000,000 back into the Budget.  This results in a proposed tax increase of 2.32% and a new mill rate of 23.04.

Mark Vendetti cast the only vote against the motion made by Gayle Alexander and seconded by Frank Wargo.

The Board of Finance is now out of the loop...if the voters say "no" to this Budget it goes back to the Council for modification.

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