The Herald Bulletin

Morning Update

Local Politics

March 13, 2014

Water rate hike up for final approval

City Council to consider additional funding requests

(Continued)

The largest funding request in the general fund is for $1 million with $900,717 on personal services.

As a result of the missed deadline, the city lost approximately $810,000 in the tax levy for 2014, which totaled $673,000 in lost revenue.

Mayor Kevin Smith’s administration is reducing the general fund operating balance by $1.8 million this year to $2.5 million by the end of the year.

Follow Ken de la Bastide on Twitter @KendelaBastide, or call 640-4863.

Tonight's meeting Anderson City Council will meet at 7 p.m. in council chambers of City Hall to consider final approval of a 47 percent in water rates and a $14.3 million bond issue for system upgrades.

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