City Council OKs $203M budget |
Friday, 13 June 2008 | ||
By DONNA KENNY KIRWAN PAWTUCKET - As expected, the Pawtucket City Council on Wednesday night gave second passage to a $203 million FY '09 budget that increases residential taxes by 4.5 percent and requires concessions on the part of many municipal employees. The increased property tax rates will be reflected in the tax bills that will be mailed out at the end of the month. The new residential rate will jump by 53 cents, from the current $11.86 per $1,000 to $12.39 per $1,000 of assessed valuation. For the average Pawtucket homeowner, the increase will be about $122 a year. The new commercial rate will rise by 90 cents, going from the current $19.98 to $20.88 per $1,000 of assessed valuation. -30- |