Budget Commission 5-Year Plan Includes Smaller Supplemental Tax
Board to discuss how to assess bills to add 4.5 percent onto 2012 levy on Tuesday.
Editor's note: The total $14.5 million deficit figure comes from the $10 million cumulative deficit, combined with the $4.5 million the Budget Commission added to the School Department budget in 2012, bringing schools up to $66.9 million. After months of audits and meetings, Woonsocket has a five-year plan to solve its $14.5 million deficit, including a smaller supplemental tax increase added to the base than proposed last year. The "more modest" supplemental tax would add $2.1 million more to this year's budget, a 4.5 percent increase on the 2012 tax levy, said Tax Assessor Chris Celeste. He noted the city has already taxed up to the state's 4 percent increase limit this year. At the Feb. 4 Budget Commission meeting, City Finance …
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Nelson Aldrich
11:15 am on Tuesday, February 26, 2013
Right you are Steve,how could we expect anyone who didn't see this train wreck coming to fix it? more ›