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Park Hills meets to discuss tax rate

PARK HILLS – There will be a special session of the Park Hills City Council this evening at 6:30 regarding the 2004 municipal tax rate and also how to use the remaining street improvement money for the current year.

The session will open with a public hearing at which residents of the city may make comments regarding the proposed tax rate. The city’s administration is proposing a rate of 68.4 cents per $100 assessed valuation. This is the same rate property owners paid last year.

Following the pubic hearing, which in recent years has drawn no public participation, the council will consider adoption of an ordinance setting the tax rate.

The council is also to discuss how it wants to use approximately $55,000 it has left in the current year’s appropriation for street improvements. The total amount set aside in this year’s budget for street projects was $238,000. Earlier in the year the council approved a contract with Lead Belt Materials Co. for the resurfacing of 22 streets at a cost of $163,719.

As the construction season draws near an end, the city is looking at possibly doing additional street work. There have been several suggestions as to what projects might be added to this year’s schedule, but nothing formally proposed.

The council’s Public Works Committee, chaired by Councilman Tom Reed, opted last week to not make any recommendation to the council as to what additional work be done this year. The panel noted that the full council decided on a list of projects this spring and thus it feels the decision now should also be made by the full council.

Also on the agenda for tonight’s meeting to be held in the Municipal Building will be further discussion on the budget being prepared for the new fiscal year that begins Oct. 1. The council met last week to continue work on the budget that will total nearly $7 million, according to preliminary figures.

As it stands now, the council contemplates another special session in September to take final action on the new budget.

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