Budget Reflects No Tax Increase

As you have likely read, the City Council adopted a budget last week with a unanimous vote to not increase income from property taxes. This has been perhaps one of the toughest budget years the city has ever faced. Compared to last year, the budget is down $3.3 million, capital funds have been reduced 100%, training and travel was reduced over 50%, and department supplies and services reduced 14%. Also, six vacant positions are being held open. But most importantly, our Police Association, the Lake City Employees Association, and the Fire Union was willing to forgo their contracted cost of living increases for next year.