Wednesday, April 28, 2010

Proposed Budget Would Not Raise Tax Rate

City Administrator Jerre Bryant presented a $56.7 million budget to the City
Council on Monday, and councilors confirmed the appointment of Westbrook's new
chief financial officer. If the budget for 2010-11 is approved as proposed, the
city's property tax rate will remain at $16.70 per $1,000 of assessed value.
City officials anticipate about $25.8 million in non-property tax revenues, a
slight reduction over this year, but say the budget will not raise property
taxes. The city's total expenditures, for schools, municipal services and the
county budget, are proposed at $56,631,139.
- John C.L. Morgan

Related: Westbrook Taxes: 2008 v. 1958 (March 18, 2009)
Related: Westbrook Taxes (January 31, 2008)

No comments: