Doug Barrett | Aug 25, 2017 AT 8:16 am
The East Grand Forks council got its first real look at a proposed 2018 operating budget last night. The proposed spending plan could result in a ten-percent increase in the local levy next year. That doesn’t mean taxes will climb that high due to new growth in the city. Mayor Steve Gander says his goal is to keep the property tax increase for the individual family to under five-percent.
Gander says even at that rate the bump outpaces inflation. He says it’s important the city put some money aside for future needs – including the reserve fund…roads…and a building fund.
City staff will bring some revised numbers back to the council for a work session on September 12th. Preliminary budget approval is expected September 19th.