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Big Spring city officials are proposing an increase in their tax levy for the next fiscal year, but they promise residents will get a good bang for their buck.
During the city councilâ€™s annual budget work, City Manager Todd Darden and his staff proposed a budget featuring a tax rate of 86.5043 cents per $100 property valuation, which is the same rate as the expiring budget. Because of a huge jump in property valuations, however, the rate is projected to bring in $826,000 more in revenue than it did last year.
For more of this story, read Wednesday's edition of the Herald.