Monday, March 21, 2016

Municipal spending up. Municipal taxes up.




Total Amount to be Raised for Support of Municipal Budget:

2016:  $18,368,296.82 

2015:  $18,025,424.44

Increase: 1.9% ($ 342,872.38)


Operating Expenses

2016:  $18,217,500.00 

2015:  $17,505,498.00

Increase:  4.1% ($ 712,002)


Total General Appropriations

2016:  $ 25,502,444.72 

2015:  $ 25,029,006.44

Increase:  1.9% ($ 473,438.28)



Why would the Lodi Mayor and Council increase taxes and grow the surplus?  Because the five council seats were up last yearPad the budget off years.  Use the surplus for election years gimmicks.

The above only has to do with municipal spending.  Wait and see what happens to your school taxes in the near future with Capizzi's $7.5 million office.