April 21, 2010

Tax hike now set at 5.5 percent

By making some more cuts and fiddling with a few line items, the city's Board of Finance is now eyeing a 5.5 percent property tax hike this year.
That would raise the mill rate from 25.99 to 27.43 for the coming fiscal year, which begins July 1.
It isn't clear, though, that the increase will win approval. At least three finance board members may vote against it and perhaps more. Some city councilors may be wary as well.
More details to follow in Thursday's Bristol Press.*******
Copyright 2010. All rights reserved.
Contact Steve Collins at scollins@bristolpress.com

9 comments:

Anonymous said...

This wont happen - there will layoffs before any tax hike...If I was a union person in the city I would be begging for the union reps to open up contract talks

Anonymous said...

Smoke and Mirrors!

Anonymous said...

How about cutting the pay for these moron-ic council members? They're practically all worthless bags of wind. Plus for the Democrats it's just a pathway to a state or city job (or the B&G Club) anyway.

Anonymous said...

12:19

They actually want to expand to nine members because they are working to hard.

Anonymous said...

April 21, 2010 1:55 PM:

You mean "too hard" or is "hard" a destination?

Regards,
April 21, 2010 12:19 PM

Anonymous said...

5.5 percent is way too much in this economy. Get the pencils out and start cutting.

Anonymous said...

Bunch of crap

Anonymous said...

4:27

How about "they feel that they are overworked"?

Anonymous said...

I have an idea.....stop buying property! it isn't only the agreed to price, but the loss of tax revenue as a municipal property...."We know it's a bad idea, but we're going to do it anyway!"....TOTALLY ILLOGICAL>