With more than a month to go before the end of the year, Greenville council has a budget ready to go for 2004. At a special meeting Tuesday, council approved the $3.6 million spending plan. No hikes in property or income taxes are planned to support the spending plan. Residents will, however, have to pay more for their sewer service. Due to state budget cuts, nearly $70,000 in grant money the sanitary authority counted on to balance its budget was lost. To make up for it, sewer rates were raised from 62 percent of customers' water bills to 70 percent. Property taxes will stay at 31.5 mills, and the earned income tax rate at 1.7 percent for residents and 1.5 percent for nonresidents who work in the borough. The earned income tax is required by the state-mandated fiscal-recovery plan. The state got involved in borough finances in 2002 when Greenville council, facing a deficit of $1.5 million, became an economically distressed community. |
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