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Tuesday, April 24, 2012

Salisbury's City Council Discusses 2013 Budget Plan

SALISBURY, Md. - The Salisbury City Council talked money Monday evening.
It was the first reading of Mayor Ireton's 2013 budget which proposes a property tax hike. Councilwoman Laura Mitchell addressed the increase saying in reality, assessments have dropped over the last 3 years, so residents' property values have gone down.
"If you had $100 tax bill with the previous rate and your assessment dropped on the average percentage, your bill with the increase, the 1.5 cents that the mayor has proposed, would still only be about $98. So you're still saving $2," said Mitchell.

Mitchell says that the rate change basically compensates for the drop in the assessed value, so it really isn't increasing taxes at all. The council will continue discussing the budget Tuesday.

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