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City balances budget without tax increase
by Debbie Lurie-Smith
Sep 05, 2013 | 1363 views | 0 0 comments | 37 37 recommendations | email to a friend | print
It appears city taxpayers do not need to worry about a tax increase this year, as Gray’s finances remain strong.

At a called finance meeting Aug. 27, Mayor Pro Tem and Finance Chairman Loretta Lipsey presented the 2014 budget for the city. The budget and millage rate will be officially adopted at the Oct. 7 council meeting.

The city’s budget is $2,016,923, and its millage rate is 9.5.

According to handouts at last week’s meeting, Fire Chief Max Wood asked for an increase of $14,500, the police department an increase of $11,000, and street department an increase of $14,000.

The Downtown Development Authority asked for a $5,000 increase for its budget to cover anticipated expenses.

For the full story, pick up a copy of this week's newspaper or subscribe to our e-Edition at http://ee.jcnews.com.
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