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Finance committee reviews FY25 budget gap; members favor alternatives to mill‑rate hikes
Skagway Municipality Finance Committee · December 4, 2024
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Summary
Committee members discussed options to balance the FY25 budget including a possible 1% sales tax increase (estimated in‑meeting at ~$2.4M), service cuts, and the prospect of port revenue increases; the chair emphasized the need for a net‑zero budget and fiscal restraint.
The chair presented a staff spreadsheet showing how second‑reading changes affect the FY25 budget and outlined options for balancing it. Committee members discussed cutting services, reducing rec‑center hours (which some opposed), raising the…
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