Gladewater increases taxe rate three cents
POSTED: Friday, September 17, 2010 - 3:14am
UPDATED: Friday, September 17, 2010 - 3:15am
AS REPORTED IN THE LONGVIEW NEWS-JOURNAL:
GLADEWATER — Gladewater city officials say, they have balanced the budget, and increased the tax rate about 3 cents.
Officials used more than $100,000 of reserve funds Thursday to do so.
Gladewater's $4,185,957 budget required the city council to pull $104,624 from a reserve account to balance it.
The budget will include spending an extra $100,000 on road improvements.
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