Mayor Jim Ireton has proposed a property tax hike…in his latest $53 million budget for the city of Salisbury.
And, the new Council President Jake Day called it “fiscally appropriate.”
Ireton is seeking $8.84 per $1000 of assessed property value.
Last year, former Council President Terry Cohen rejected the Mayor’s proposal for a hike of $8.34 cents.
The increase comes in the face of one of the most dramatic plunges in property values of 8 percent and is needed just to maintain the amount revenue the city has been receiving.