Saturday, July 11, 2015

Proposed Budget Amendment

I have asked Town Council to levy a 20 mil property tax for 2015 and provide a $2,948,058 tax credit.   It passed first reading at the July 9 meeting. 

I have scheduled a special meeting of Town Council and a public hearing for July 23 at 6:00.    Second and final reading is scheduled at that time.

If the budget amendment passes, there will be no additional tax collected by the Town.  The Town millage and tax credit will appear on the tax bill mailed by the County Auditor this fall.   The amount billed and paid by Town taxpayers to the County Treasurer on behalf of the Town will be zero.  

Here is an  example of what the 2015 tax bill would look like.

The budget amendment also includes $840,000 to pay for a new Town Hall by a lease purchase agreement and $200,000 to maintain a reserve fund.

If you have any concerns or questions please email me at mayorwoolsey@gmail.com or call me at 697-7020.

No comments:

Post a Comment