If the City of Greensboro's 2010-11 actual property taxes were:
$152,872,562
while 2011-12's budget was projected to be about
$153,349,025
why is 2012-13's projected budject expected to bring in
$156,568,660
while 2013-14's is expected to be
$163,690,085?
2 comments:
6.3% more over two years.
http://www.greensboro-nc.gov/modules/showdocument.aspx?documentid=15771
"The second-year budget is balanced with a 65.25
cent tax rate, the equivalent of a two cent rate
increase over the adopted rate for FY 12-13."
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