Monday, July 29, 2013

Woonsocket hopes supplemental tax will be end of deficits

Woonsocket hopes supplemental tax will be end of deficits | Breaking News | providencejournal.com
"The supplemental tax will raise $2.5 million from multifamily residential real estate and motor vehicles, and the money will be used to balance the 2012-13 budget, which ended June 30.
That assessment is also built into the 2013-14 tax rate, along with a 4-percent tax increase and a cut in the homestead exemption, which means the average homeowner in the city will see a 23-percent increase in his or her tax bill."

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