News Flash Home
The original item was published from 8/17/2023 12:06:38 PM to 10/1/2023 12:00:11 AM.

News Flash

Budget

Posted on: August 17, 2023

[ARCHIVED] BOND ISSUANCE & THE TAX RATE

Bond Projects

To fund the next phase of these projects, the proposed budget calls for the issue of $16.5 million in bonds. This issuance represents most of the increase in the proposed tax rate for the upcoming year.

In 2021 voters approved a series of road upgrades and other projects to improve city services.  To fund the next phase of these projects, the proposed budget calls for the issue of $16.5 million in bonds. This issuance represents most of the increase in the proposed tax rate for the upcoming year. If approved, the budget calls for beginning three bond projects. Asphalt replacement will begin on Sleepy Hollow, Balsam, and Willenberg. A new street and drainage project will begin on Moss, Chestnut, Wisteria, and Palm while throughout the city crews will be replacing street panels.

Facebook Twitter Email

Other News in Budget

Budget in Brief

Budget in Brief Document

Posted on: August 17, 2023