Palmieri’s 2019 Budget Proposal Contains Two Percent Tax Decrease
Utica residents would see their property taxes go down under Mayor Robert Palmieri's proposed 2019-20 budget.
Palmieri presented his budget to the Board of Estimate and Apportionment on Monday.
The spending plan totals $71.8 million and comes with a proposed tax decrease of just over two-percent.
The Mayor says the budget is the result of positive fiscal trends, including expansion of the city's tax base and increased sales tax revenue.
Palmieri says the budget increases spending by less than one-percent annually over an 11-year span.
The Mayor's budget message and proposal can be found at cityofutica.com.
The new fiscal year begins on April 1st.