Friday, June 24, 2011

Council OKs $3.5B budget, 3.85% property-tax hike

Council OKs $3.5B budget, 3.85% property-tax hike: "LIKE IT OR NOT, a temporary property-tax hike is on the way for a second year in a row.
City Council concluded its final session before its summer break yesterday by passing a $3.5 billion budget that included a temporary 3.85 percent property-tax increase to collect $37 million for the cash-strapped school district."

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