City Commission Passes First Reading Of 2016 Budget Ordinance

MoneyThe Huron City Commission made a major step in developing a budget for next year by passing first reading of the Annual Appropriations ordinance. Finance Commissioner Bryan Smith says property taxes were figured with a one and a half percent Consumer Price Index increase with point-nine-five percent new growth….

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A three-percent salary increase is included in the 2016 budget. Worker’s compensation has not increased…

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Updated premiums for insurance should come next week. Capital Asset spending is expected to be near three-point-three million dollars next year. Enterprise funds for utilities are expected to rise…

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Overall next year’s budget should be less than this year…

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The 10-percent decrease mention by Smith is due to funds for a project at Huron Regional Airport being moved to the 2016 budget.