FORT WAYNE, Ind. (Indiana's NewsCenter) - Fort Wayne Mayor Tom Henry says he's prepared to deliver a 2011 budget that keeps spending flat and doesn't result in cuts to city payroll.
Mayor Henry just unveiled $134.9 million spending plan represents an increase of less than two-percent above last year.
Even with permanent property tax caps primed to take effect statewide, city taxpayers will see on average a 2.9 percent hike in their taxes.
If you own a home with assessed value of $100,000, you'd see your bill go up by about $11 a year.
Henry thinks it's still a bargain.
Mayor Henry says, “In today's economy, to be able to come to city council and state that we have a balanced budget for you, with no cuts in services and no personnel laid off, is a tremendous statement."
The Henry administration says roughly $1.4 million in rainy day funds could be tapped if a flood, ice storm or some other extraordinary event justified the need for more money, but he hopes those funds can be kept in reserve.
The proposed budget includes a one-percent pay hike for non-union city workers.
The proposed budget will be introduced to city council Tuesday evening.
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