05/16/12 - 8:02am
The city of Soldotna’s proposed fiscal year 2013 operating budget may include a property tax reduction.
The proposed budget, which will be introduced to the city council next Wednesday, estimates appropriations greater than revenues by $84,562, said Soldotna City Manager Larry Semmens.
The estimated revenue for fiscal year 2013 is $9,378,283, while the estimated expenditures is $9,462,293.
However city officials say the proposed tax cut is justified by the growing amount of sales tax the city is estimated to collect in fiscal year 2013.