City Budget Up $691,000; Taxpayers Anxious

Parks and Recreation Department director Andy Cappello addresses the council.
By: 
ED BARBER
Staff Writer

The Newport City Council approved a budget of $3.8 million for fiscal year 2017/18 at Wednesday evening's meeting. This represents the amount needed to be raised in taxes to pay for city services. The expenses are up $691,000 but the overall effect on the tax rate is not as dramatic. A residential property valued at $250,000 would realize a tax increase of $69. Some reserve funds were used to balance the budget, but the aldermen left untouched the Walmart funds for the time being. Upgrading a part time position to full time in the police department will save $63,000, a proposal the council accepted.Read more in the Newport Daily Express

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