June 2, 2014 www.knoxfocus.com PAGE A1 FREE Take One! June 2, 2014 BUDGET BREAKDOWN Honoring Fountain City City budget passes with tax increase By Mike Steely funding of some groups
[email protected] to 2 or 3 years instead of As predicted last week one, and doing away with by The Focus, the budget an upcoming issuance of proposed by Mayor $31.4 obligation bond. Madeline Rogero, some The city’s new budget $384,611,930, passed for 2014/2015 increases City Council but not after the tax rate to $2.7257 a last ditch effort to cut it per $100,000 of assessed back and shelve the tax property value. The increase. budget is about $2.2 Councilman Nick Della million less than the Volpe led an attempt to current operating budget. cut the overall budget in It includes a mandatory the city council meeting 2.5% pay increase to all Tuesday evening by cutting city employees and enough increases in funding to money to cover the growing organizations, stretching Continue on page 2 No County Tax increase, no pay PHOTO BY DAN ANDREWS. Fountain City Town Hall hosted its annual Honor Fountain City Day on Memorial Day, May 26. Hundreds raises attended the day-long event to celebrate the community and to honor veterans. INSIDE: See Mike Steely’s Our Neighborhoods profile of Fountain City on B1. By Mike Steely
[email protected] “bold move.” “It’s time to treat our Despite a last minute employees fairly,” he said. attempt to add $21 million The Board of Education to the Knox County budget had asked for a similar for 2014-2015, the county increase, proposed by commission voted the Superintendent James motion down and went McIntyre, but Mayor Fizz, Boom, Read on to approve Mayor Tim Burchett turned that Burchett’s proposed budget away, noting a decrease that has no tax increase in revenue.