The Oak Ridge City Council will consider a budget tonight that does not include a tax rate increase.
The Oak Ridge City Council will consider a budget tonight that does not include a property tax rate increase but does include a 1.5 percent pay raise for city employees.
Council approved the budget on first reading May 14, and tonight’s vote will be the second and final reading.
If Council approves the budget tonight, it would be the fourth year in a row without a tax rate increase. The property tax rate would stay at $2.39 per $100 of assessed value.
The city would give the schools the same amount as last year, or roughly $14.6 million, and general fund municipal expenditures would total about $19.5 million.
Nine new employees would be added to help the city comply with a U.S. Environmental Protection Agency order that requires Oak Ridge to stop all sewer system overflows by 2015. The budget, which applies to the fiscal year that starts July 1, also includes money for renovations at Woodland Elementary School and other capital projects, including for an expansion of the Roane State Community College branch campus in Oak Ridge.
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