vcp550 220-802 70-466 70-417 70-243 1z0-060 70-487 m70-301 1z0-599 400-051
Friends link: 350-050 400-051 350-021 ccnp-voice mcdba app-dsk-100 e20-814 m70-301

Tax Hike In 2014 Oil City Budget Trimmed Down To 1.35 Mills

December 6, 2013
By

Oil City Council Thursday trimmed down an expected real estate tax increase for next year from 1.6 mills to 1.35 mills as they prepare to take a final vote on December 19 on the 2014 city budget.

The tax hike in the $16.3 million spending plan would mean an additional levy of about $13.50 for every $10,000 worth of assessed property.

The change in the budget proposal would trim the city’s projected operating reserve fund from $148,000 to $100,000.  No other cuts from the previous version of the spending plan were expected.

Council also approved increases that would translate to between four and twelve dollars in the city’s water and sewage rates.

Venango Weather