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Expanding City Tax Base Main Objective with Budget Deficit Looming

April 21st, 2016 by WCBC Radio

By far, public safety takes up the largest part of the city of Cumberland’s budget, with a price tag for the year exceeding $11.2 million. With the city looking at a nearly $600,000 deficit for the upcoming fiscal year, and finances not expected to improve dramatically in the next few years- public safety could be an area to be re-examined. Mayor Brian Grim said the ideal solution to the city’s budget problems is to expand the tax base. The mayor says expanding the tax base is exactly what the controversial Rolling Mill revitalization project is designed to do…





 

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