Politics & Government
Council Approves $57.9-Million Budget; Increases Tax Rate 1.98%
The Portsmouth Town Council met Monday night to discuss and vote on the provisional budget for fiscal year 2012-2013.
The Portsmouth Town Council held a budget workshop Monday night to discuss and vote on the $57.9 million provisional budget.
Featured here is a report of actions taken during the workshop.
The new budget results in a tax increase of 1.98 percent. The new tax rate, if the final budget is approved, would be $14.18.
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The council must still approve the proposed 2012-2013 fiscal year budget, which is attached at right, before the budget is finalized. The vote will take place after a public hearing, which will be held on June 13 at 7 p.m. at the .
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