City Council Calls Up The ‘Reserves’
Emergency Funds Used To Avert Tax Rate Hike
City Council on Tuesday decided not to defer traffic light updates on South Main at Pleasant Hill and Mosby roads in order to avoid a real estate rate hike, opting instead to dip into the city’s cash reserves. (Photo by Jason Lenhart / DN-R)
Heading into the meeting, council faced a $372,000 deficit if it wanted to…
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