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You are here: Home / News / Local News / City Council Continues Effort to Bring Down 2014 Tax Rate

City Council Continues Effort to Bring Down 2014 Tax Rate

November 19, 2013 By WRFA Radio Leave a Comment

The Jamestown City Council is continuing its work on the $33.6 million, 2014 budge.

According to an article in the Jamestown Post-Journal today, Council members on Monday night discussed areas where cuts in the budget could be made. In the original executive budget proposed by Jamestown Mayor Sam Teresi, the tax rate was proposed to increase by 55 cents, or 2.5 percent, to $22.18 per $1,000 assessed property value. With the proposed changes from the city council, the tax rate increase would decrease by around 12 cents and end up at to $22.06 per $1000.

City officials plan to have a budget hearing on the spending plan later this month.

A public hearing on the budget was also held on Monday night. No one from the public was in attendance.

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