Mayor Michael Villa said today that he has no formal objections to the changes to his proposed budget passed by the common council on Tuesday. According to the city clerk’s office, Villa signed the resolution yesterday which was passed by the council by a 3-1 vote with one abstention.
The finalized budget calls for an 8% property tax increase and a 9.7% increase in user fees for the 2019-2020 fiscal year which will begin July 1. The budget is structured to generate a surplus of approximately $300,000 in order to begin reducing the city’s fund balance deficits which total $8.3 million.
