A $219.5 million municipal budget was submitted to the City Council last week that will bring a tax increase to residential owners because of state-mandated revaluation, Mayor Timothy Stewart and most city officials say. According to published reports a tax rate of 34.98 ($34.98 per $1,000 valuation) will take effect July 1 if the budget … Continue reading Revaluation Makes Tax Increase Inevitable According to the Mayor