Council holds tax rate,
plans to up sewer fees
Farrell council has passed, on second reading, a series of ordinances setting budgets for 2003.
At the top of the list Is the general fund budget of $2,085,173. The budget is supported by the same tax rate as this year, 22.67 mills.
A mill is $1 for every $1,000 in assessed property value; assessments are a property's 1970 market value.
The sewer fund budget of $734,108 is supported by a fee hike, but council has not yet raised fees. An ordinance could be ready for action in January, officials have said.
Monday, council also approved:
» Employee salaries and wages.
» Revolving loan fund budget of $248,000.
» Capital fund budget of $78,238.
» Liquid fuels fund budget of $142,000.
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