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Franklin budget talk: manager backs tax rise, proposes residential rebate amid Dominion rate hike
Summary
City manager urged raising the real‑estate rate and outlined changes to electric charges after Dominion announced increases, proposing a small biannual residential rebate instead of lowering rates; staff will bring utility-rate comparisons to the May 12 meeting.
The Franklin City manager told council April 28 that rising costs and debt pressures support a change to the real‑estate tax rate and adjustments to utility rates while proposing a rebate for residents rather than a permanent cut.
At the work session, the manager said she recommended moving the real‑estate tax “from a dollar and 3 to a dollar and 7¢” to help address debt obligations and rising costs. On electric service, she said Dominion Energy has announced increases that would affect wholesale charges and recommended creating a large‑industrial…
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