Sunday, December 13, 2009

St. Charles weighs budget cuts, new taxes to offset projected deficit

 St. Charles the "Pride of the Fox," a unique place to live, work, and visitWhen St. Charles won a wage freeze concession from its union and nonunion employees, city officials thought they would safely finish the 2009-10 budget year in the black. But a continuing economic slump has both the current and future budget turning red and the city council considering new taxes

excluding property tax income, the other top revenue categories as a group are bringing in about 12.5 percent less than last year.

two new taxes - on amusements and alcohol

Click on the following for more details:  Daily Herald | St. Charles weighs budget cuts, new taxes to offset projected deficit

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