NEWS HEADLINES

Chico City Council to vote on budget, tax rate

By Brian Knox | Published Saturday, August 30, 2014

If you have a comment or question about the 2014-2015 fiscal year budget for the city of Chico, Tuesday’s the night to attend a council meeting.

The Chico City Council will hold a public hearing on the proposed budget and tax rate at 6:30 p.m. Sept. 2. The city has proposed a balanced budget of $2,231,628.17 while keeping the same tax rate as the current year, 48 cents per $100 valuation.

The budget includes $543,000 for the city’s Texas Community Development Block Grant for a new water filtration system. That amount includes $269,000 in grant funding and $274,000 from local funding. The budget also includes a 4 percent cost of living increase for city employees, a new backhoe and funding for the next phase of street improvements according to the current five-year plan.

The council will adopt the budget and tax rate in the meeting following the public hearing.

Other items on Tuesday’s council agenda for consideration and action include medical insurance, amending the current fiscal year’s budget, appointment of EDC officers, seasonal hours at the park and regular department reports.

The meeting is open to the public.

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