UPDATE: 10:30 pm: Just a quick couple of notes. I had to miss most of the meeting, but will review the recording soon and get a full report posted. The meeting began with a public hearing on the first phase of the sewer repairs. Several key areas that are on the verge of failing have been engineered and financing options are being explored for this $1.2 million phase.
Council Member Albertson now wants to allow public comment at the beginning of the meeting so people can provide comments before the council votes.
During the budget discussion, the mayor noted the deficit "burn rate" is about half of what was expected. He is confident that the town can hang on until revenue from development catches up with demand. Construction taxes are helping, as did the $1.5 million in sales that Point Ruston closed on last month.
I'll get more details up soon.... Karen
_____________________________________
The scheduled agenda is pretty light again tonight for the Ruston Town Council. The issue of permits for private security systems and the dog park is on the docket again, along with discussion of fireworks. And rather than talking about annexation, the council will discuss the "budget". The full packet of information is available on Ruston Reports.
Hope you can join us at 7 pm at 5117 N. Winnifred Street.....
Monday, May 18, 2009
Subscribe to:
Post Comments (Atom)
2 comments:
How would 1.5 million in Point Ruston sales help Ruston's tax income?
As far as I know, there's only WA state excise tax associated with real estate sales.
There is a half-percent sales tax on real estate sales that goes directly to Ruston, I believe. And it signals more property on the tax roles, which builds our on-going sustainability. Property tax is the biggest part of our tax base.
Post a Comment