Mayor Lenny Curry will present his budget to the City Council today, and he sounds prepared to lower property taxes.
Mayor Lenny Curry will present his budget to the City Council on Thursday morning, and he sounds prepared to lower property taxes.
Holland spoke about a lower property tax millage in the coming year’s budget. He said he has more than 40 years of experience in real estate. “Now, the city’s gonna still have an increase in the budget, probably 91%, you know, more than what they had the year before. So it’s really a savings to the taxpayer, but the city’s still going to come out of this with a lot more revenue,” Holland said.“In addition to investments in public safety, infrastructure and economic development, the budget I will release this Thursday will include debt reduction & reserves against future challenges.
I asked him if a tax decrease presents a risk for the future since the rates of increasing value seem unsustainable.
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