Quantcast
breaking news

Mayor Unveils Revised 2013 Proposed Budget

Fort Wayne's Mayor unveiled an amended version of his proposed 2013 budget.  At a City council meeting last week many residents and city council members voiced their concerns about the Mayor Henry's original proposed budget prompting him to go back to the drawing board. -->
By: Sherrell Hubbard
Updated: October 15, 2012
watch video

Fort Wayne's Mayor unveiled an amended version of his proposed 2013 budget.  At a City council meeting last week many residents and city council members voiced their concerns about the Mayor Henry's original proposed budget prompting him to go back to the drawing board. 

 

The proposal would maintain the City's cash reserve and use some of the interest from the legacy funds.

 

The mayor says by using a one-time distribution of interest from the Legacy funds they can steer clear of the City's savings account.  The newly proposed budget still includes a tax hike for homeowners but it's about half of what was originally proposed

 

City Controller Pat Roller says a 2.8 % tax levy is needed to keep the city in good financial shape. She says if approved, it would mean the owner of a $100,000 home would be paying an additional $11 in property taxes next year.

 

City council will vote on the 2013 budget on October 23. The following week, recommendations will be presented to City Council regarding the Legacy funds.

Comments

Log in to comment on this article

Readers Feel...

hello
Related Content

Limited number of season tickets to go on sale Thursday at 10 a.m....

We are introducing you to 11 year old Nyla as she is one of eight children and would love a big sister to be creative with her and teach her new things. ...

In Allen County several crews worked to put out a large fire in Allen County on Friday....

We introduce you to Adam who is hoping to find a big brother who shares his passion for science and "geocaching"....

Massachusetts Governor Deval Patrick says no unexploded bomb were found at the Boston Marathon. The only explosives at the Boston Marathon were the ones that went off Monday....

Indiana received a "C+" when it comes to government spending transparency, according to an annual report by the U.S. PIRG Education Fund....

Kristen got a visit from 2 classes from Cani Head Start and gave them a tour of our weather center....

What happened in Bluffton, the morning of October 27, 2009, that left a young mom dead? Fox Fort Wayne's Nadia Bashir investigates the death of Amy White....

Second grader Elizabeth Valdez from Harris Elementary did a science project to find out who was the most accurate news station for forecasting here in Fort Wayne....

Meet Jessie who is 8 years old and is looking for a school buddy to shoot hoops with....

 
 
 
 
 
©1998 - 2013 Fortwaynehomepage.net
Nexstar Broadcasting, Inc.
All Rights Reserved