Wetmore Township again has a budget without an increase in property taxes.
Supervisors Ron Conklin, Steve Dyne and Bill Ryding acted Tuesday to adopt a 2012 budget that retains a tax rate of .65 mills. Owners of property within 780 feet of a fire hydrant pay an additional .35 mills for a total tax burden of 1 mill.
The budget calls for expenditures of $591,816. Revenues are listed at $531,598.
A projected $53,000 surplus at the end of this year will help close the budget gap, it was pointed out.
It appears certain that the 2012 Kane borough budget will carry a property tax increase.
How much of an increase? Thatâ€™s the million-dollar question.
The tentative budget calls for a modest 1.5-mill increase. However, discussion at two budget workshops indicates that council may be ready to support an even higher tax increase.
Councilwoman Janet Bard already has announced she favors a 5-mill tax increase that would, in part, provide funding for necessary repairs for some of the deteriorating streets in the borough. No other council members have endorsed her hefty tax hike.