JAMESTOWN – The Jamestown City Council has approved a local law to override the state’s tax levy cap.
Lawmakers made the decision Monday Night during the monthly voting session. It must now be subject to public comment prior to being signed by the Mayor. A public hearing on the local law will take place at 9 a.m. on Oct. 10 in the police training room on the 4th floor of city hall.
The city council also passed a local law was also passed last year by the council, even though the city’s budget was under the 2 percent tax levy cap. Officials say the local law is simply a procedural move to prepare for the off-chance there is a clerical error in budgeting and the 2014 spending plan does have to go over the tax cap.
As for the 2014 city budget, Jamestown Mayor Sam Teresi says that it’s going to be another difficult year, but he will do his best to deliver a budget that will not have a tax increase that goes over the tax cap limit.
“It is going to be extremely difficult this year… to meet that cap, but that remains our goal to stay at our under the cap,” Teresi said on Monday. “We’re going to be working right up to the last minute on Tuesday – the day in which the charter prescribes that the mayor has to deliver the executive budget to begin the next phase of the budget process with the legislative branch.”
Teresi will present his 2014 spending plan at 4 p.m. on Oct. 8 in the Mayor’s conference room. The presentation is open to the public.
[…] dollars and called for a property tax increase of .8 percent. The city council has already approved a local law that would allow the city to go over the state mandated tax cap if necessary – although that local law is still subject to a public hearing prior to being signed […]