The city’s budget

Recent meetings of the Council of the city, have revolved around a new amendment to the budget this year. On January 16, the administrators of the city had made a modification to the previous year's budget and was subsequently presented to councillors for their final approval.

The amount of that budget is $9, 022.520. After reviewing the amendment made by the administrators of the city, the Aediles are arranged to make a new amendment. This new amendment would, according to the councillors, a reduction of 500,000 in maintenance costs for the system water-harvesting rain; but would increase property taxes, precisely in order to be able to compensate for the money that is spent on the rainwater.

According to the budgeted by the administrators at the beginning of the month, the increase in the rate of the property taxes would rise from 4.51 in 2013 to 5.06 this year.

The same councillors understand that there is no previous law adopted by the Council to oblige them to adopt rates rising property taxes. We must stress, however, that the mayor Yannuzzi veto tax rates adopted by the majority of the Council last December, that required to reduce the tax rate to 4.06, through the use of the money from a city account that is collected from the transmission of the wastewater.

In the subsequent meetings, the councilors will try to make the amendment consistent with the rate approved by the former council and subsequently vetoed by the mayor last December. From these lines, we welcome the decision of our councillors to make an amendment to the current budget, which involves no increase to the tax of the property, which in recent years, has been the easiest way out of our mayor, to combat the fiscal deficit facing by the city.