TAX RELIEF TIMES TWO
There are two pieces of news today that could give some relief to taxpayers. State Senator Luke Kenley will announce recommendations tomorrow from the property tax commission that he says will cut property taxpayers bills in half and give renters a 25-percent break.
Also the Mayor’s office is announcing today that the city’s bond credit rating has been upgraded to AAA, which should make it easier for the city to borrow money and lower interest rates. The rating is based on the city addressing its outstanding pension issues.
I’ll bet a hundred bucks some people over at city hall wish this news would have broke last week and I don’t blame them.
