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No Tax Increase In Lenoir’s Proposed 2020-21 Budget

No Tax Increase In Lenoir’s Proposed 2020-21 Budget

City of Lenoir City Manager Scott Hildebran presented the 2020-2021 budget proposal to City Council Tuesday night (May 19). There is no increase in taxes or fees in the proposed budget.

The proposed budget and presentation are available online at www.cityoflenoir.com/budgetprposal. City Council will hold a public hearing on the proposed budget during the June 2, 2020, regular meeting. After the public hearing, Council will vote on the budget.

Under the proposal, the city property tax will remain at $0.58 cents per $100 in valuation and the Rescue Readiness Tax will stay at $0.0085 cents. The general fund, which includes all City services except for water and sewer, is budgeted to be $17.8 million dollars. More than three fourths of the general fund is spent on Police, Fire, and Public Works services.