Rosenthal: Increase necessary to end deficit spending; utilities still subsidizing general fund
The City of Lake City has tentatively approved a tax increase for the upcoming fiscal year even though property values continue to rise and bring additional revenue to the city without a tax hike. (TONY BRITT/Lake City Reporter)
The new Lake City manager said a proposed tax increase is “absolutely” needed for infrastructure work and to move the city away from its history of deficit spending.
That reasoning fr...
Premium Content is available to subscribers only. Please login here to access content or go here to purchase a subscription.