Albemarle presents balanced budget proposal
The Daily Progress Friday, February 17, 2017 at noon
Albemarle’s Interim County Executive Doug Walker presented a balanced budget request containing no proposed tax rate increases for the coming fiscal year to the Board of Supervisors on Friday.
Walker’s budget request contains projected revenues and matching ex-penditures — for capital and operational costs — of nearly $400 million each. The projected overall increase in revenue is nearly $21.9 million, or 5.8 percent higher than the current adopted budget.
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