Budget Fuss: The Budget-man Cometh

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Budget Fuss: The Budget-man Cometh

POSTED: Thursday, May 13, 2010, 8:22 PM

More budget coverage on Twitter.

This morning, the regular meeting of City Council was suspended in order to hear speakers on various revenue proposals being floated by Council and the administration, including a property tax hike between 9.9 percent and 12 percent, a sugar-sweetened beverage tax (between, apparently, half a cent and two cents), and a tax on smokeless tobacco products and cigars.

The plan seems to be this:

After this hearing, Council leadership will meet with the administration and try to hammer out a deal. Council needs nine votes to pass it, but the final votes on this stuff aren't usually quite that close: leadership would like to get 11.

Assuming it happens, Council will reconvene its regular meeting, amend the bills that constitute the mayor's initial budget proposal, and allow the revised budget a first reading and initial vote – which will let them vote it in finally next week.

So what's the deal going to be? Not totally clear yet. A new proposal of a 12 percent increase to the property tax seems to be gaining some traction. It would close most of the current budget gap and likely obviate the need for other taxes. Councilman Frank DiCicco, about an hour ago, seemed to voice support for it, saying:

"We're going to take a political hit no matter what we do ... I say take the 12.10 [property tax hike] and not worry about the other taxes because we can't get the nine votes anyway."

However, it seems to be up in the air still whether Mayor Nutter is willing to drop his sugary beverage tax or not – he's staked some political capital on it, and has received national attention for the proposal.

Posted by Isaiah Thompson @ 8:22 PM  Permalink | Post a comment
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