SAN BENITO — A proposed $12.7 million general fund budget would boost the city’s parks program.
Last night, city commissioners approved the first reading of the balanced budget which would come with a $1.8 million street maintenance fund. Commissioners are expected to approve the budget Sept. 19.
As part of the budget, officials are keeping the city’s property tax rate at 72 cents per $100 valuation, where it is projected to generate $4.5 million compared with $4.37 million this year. The budget — about $200,000 bigger than the current $4.37 million budget — would come with a $4.6 million fund balance, which compares to the city’s current fund balance.
Source: Valley Morning Star