New Hope Proposes 10.68% Tax Increase
By Andrew Richter
The bad news for New Hope citizens just never ends. After a 7.04% increase in the levy last year and a doubling of the franchise fee, Mew Hope isn’t done. They are proposing a 10.68% tax increase for 2017!
1) Fund balance maintains close to 45% of expenditures if this budget is maintained
2) Overall levy increase is 10.68%. Prior year increase was 7.04%
3) LGA to be used for equipment replacement savings – not general operations
You can see it in the next council packet conveniently located on HERE page 45 LOL
When are you people in New Hope going to throw the bums out?