SAUGATUCK, MI (WHTC-AM/FM, June 26, 2023) – One of the last Lakeshore communities to formally confirm a budget for Fiscal 2024 is expected to do so on Monday evening.
The Saugatuck City Council, during its scheduled biweekly business meeting, will hold a public hearing ahead of of a vote on a proposed $5.4 million spending plan. It would keep the property tax rate steady at 10.8 mills.
“The 2023/2024 recommended budget reflects the anticipated reduction in City revenues due to cuts in state revenue sharing, beach fees, parking lot fees, and the low interest rate on the City’s investments. It is also anticipated property values will either not increase as they have in prior years or decrease to some degree. However, due to the nature of the assessment cycle in Michigan, this will not be recognized for two to three years.” – Saugatuck City Manager Ryan Heise’s memo to council members that is contained in the supporting documents for the meeting agenda.
The Saugatuck City Council convenes its 7 PM business session in the second-floor meeting room of Saugatuck City Hall (102 Butler St.). An online link to the agenda and supporting documents is here.
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