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 BUDGET MESSAGE Fiscal Year Town of 2021

Nc 4p 2021-2025 Form

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this morning almyra city leaders presented the proposed budget for the next year wy's Max koven joins us live in the studio with a look at the tax impact for property owners Max rata and almyra property owners are looking at a 5.3% increase in property taxes next year the city's operating budget for 2025 is projected at over $41 million that's an increase of just about $3 million from the current year for an average home valued at1 100,000 owners are looking at paying about $150 more a year or about $12.50 per month City officials say the increas is needed to keep up with Rising health insurance costs and to make sure salaries for police officers stay competitive with other departments inflation uh affects all of us uh you know health insurance unfortunately is going to be raise we're going to be paying over a million dollars um wages certainly uh are are a significant part of um an increase for employees we're bound under Union contracts and we

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