No tax hike; fire rating improves
The Norris City Council on Monday night approved a $1.53 million spending plan for fiscal year 2021-22, while holding the property tax rate at last year’s level — $1.54 per each $100 of assessed value.
Also holding the line with no increases for the new year are water and sewer rates, the council decided.
The council also learned that the city’s fire-protection rating has been improved, which could save residents and businesses money on fire insurance premiums.
Even without raising taxes, the new budget provides for pay increases for all city employees, along with a new holiday and bonus pay plan and two new city positions – an additional police officer and public works employee.
Revenues for the general fund budget are projected to be $1.58 million, and the city expects a budget surplus of about $40,000 for the year.