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Real Estate Taxes Will Rise

May 14, 2010 5:35 AM | Comments
Council approved a 9.9 percent hike in the real estate tax on Thursday (May 13), but it balked at Mayor Nutter's pet proposal to tax sugary drinks.  That bill is stuck in committee, even though the administration lowered the tax from 2 cents an ounce to 3/4ths cent. Expect a lot of action over the coming weeks on these issues.  The proposed budget must pass before June 30 and Council and the mayor are still bargaining over taxes and spending.

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