Borough assembly approves 2015 budget
The borough assembly voted 5-0 Tuesday to pass both the property tax rate and the municipal budget for the fiscal year 2015.
At a May 13 budget workshop, officials pledged the mill rate of 12.75 mills will remain unchanged this year. That means that a house assessed at $200,000 would pay a property tax bill of $2,550.
Since presenting the budget at a public workshop May 24, officials have received news of $37,219 in additional revenue, composed of a $23,821 shot in the arm from increased revenue sharing and a $13,398 increase from the state for renting the Wrangell jail to house state conv...