×

City proposes budget without tax increase for 2024

Residents in the City of Warren are not going to see a tax increase in 2024.

Mayor David Wortman the city isn’t going to be suggesting a tax increase in its 2024 budget.

The city is “in a strong financial position,” he said.

The proposed general fund budget for 2024 comes in just under $10 million.

A breakdown of that total shows that the fire department is the single biggest share of the budget, $2.85 million, followed by the Department of Public Works at $2.81 million.

Other department budgets include $1.93 million for police, $1.87 million for finance and administration and $347,434 for building codes.

On the revenue side, $6.83 million of the total budget is projected tax revenue. The two major taxes in the City of Warren are property taxes as well as earned income taxes.

“Intergovernmental revenue” is projected at over $900,000 in addition to over $750,000 categorized as “charges for services.”

An additional approximately $310,000 is projected from licenses and permits.

To balance the budget, a total of $457,377 in fund balance is utilized.

The other elements of the city’s budget include $3.49 million in capital improvements, $3.22 million in sewer fund operations and just over $400,000 in parking fund operations.

Projected parking fund revenues are primarily garage permits ($125,000), parking meters ($105,000) and Midtown Lot fees ($100,000).

A public hearing will be held to gather public feedback on the budget on Dec. 11 at 5 p.m. at the municipal building.

A notice published in Wednesday’s Times Observer indicates that Warren County officials plan to release their 2024 budget on Dec. 5.

Newsletter

Today's breaking news and more in your inbox

I'm interested in (please check all that apply)
Are you a paying subscriber to the newspaper? *
   

Starting at $2.99/week.

Subscribe Today