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Council debates pay plan increases and limits on tax‑rate reductions amid budget pressure
Summary
Council members discussed possible reductions to the proposed property tax rate, the mechanics of fund balance restoration, and the mayor’s proposed pay plan. Several members urged caution on cutting services to lower rates; others suggested a modest tax increase to avoid future fiscal cliffs. No formal rate change was adopted.
Committee members discussed a proposal from Council Member Toombs to reduce the fund balance restoration to lower the proposed property tax rate by five cents. Toombs said initial calculations were off and that lowering the rate without compensating cuts would require roughly $30 million in cuts elsewhere; she described the savings for many households as modest (on the order of tens of dollars per year).
The chair and finance staff explained that the fund balance restoration in the proposed budget restores reserves…
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