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Politics, Taxes

2007 Budget Proposed

March 8, 2006 Waldo Jaquith

City Manager Gary O’Connell has presented the 2007 budget for Charlottesville, which proposes $121M in spending, an 8.45% increase over the current year, John Yellig wrote in yesterday’s Daily Progress. Partially offsetting the 14% increase in real estate assessments, the budget cuts real estate taxes by two cents — a thirteen cent cut would be necessary to maintain the current taxation level.

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