Deliberations begin 3:30 p.m. Monday into the proposed 2016 capital and operating budgets for St. Thomas.
In his opening remarks contained in the budget binder, director of finance David Aristone indicates at this stage of the process, city ratepayers can anticipate a 2.32% hike in the property tax levy.
The proposed levy for this year is $48,721,653, up from the actual 2015 levy of just over $47 million.
Proposed capital projects this year would require almost $21.8 million in funding. Continue reading →