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Local revenue expected to increase in Martin

Posted

Budget hearing scheduled for June 30

The City of Martin’s proposed budget for the fiscal year beginning July 1 anticipates more local revenue over the last two years, even without a tax increase.
The budget, which can be seen in more detail on page 6B of this issue, estimates a collection of $9,705,965 in local taxes over the next fiscal year, compared with a 2022-23 estimate of $8,288,932 and a 2021-22 actual amount of $8,031,561.

Board members approved the tax rate of $1.75 per $100 of assessed property value on the first reading Monday along with passage of a proposed annual budget of $13,732,391. Estimated revenues for 2023-24 are $13,970,339.

A public hearing and final passage on the proposed budget and property tax is set for 12 noon June 30 in the city courtroom.

The Board also introduced on first reading an ordinance to amend the city’s official zoning ordinance clarifying the use of travel trailers and recreational vehicles. Also approved on the first reading was a request by Dustin Forsythe to rezone property at 109 Lee St. from R-2 (Medium Density Residential) to R-3 (High-Density Residential). Public Hearings on these two ordinances are set for the city’s July 10 regular meeting.

Also on the agenda was a motion to accept a $62,250 bid from Portland Utilities needed for sewer line repairs. (Kelly West – CIPP Lining)
In other business, next month’s informal city board meeting will not be held. The regular board meeting is set for July 10, 5:15 pm in the city courtroom.