After months of tweaking, and a public input session last week, the Two Rivers City Council will be voting on the proposed 2023 budget tonight.
City Manager Greg Buckley told us the $46 million spending package includes, “Not only or $11.5 million General Fund, but also the various Special Revenue Funds, Capital Projects, and the various city utilities.”
Buckley said that there will be a tax increase of 2.73%, which he explained is “Driven mostly by an increase in our debt service costs for last year’s capital projects.”
It also includes a 3% wage increase for city workers, which bumped the overall spending up about 2.9%.
He also said that given the inflationary pressures everyone, including municipalities, are feeling these days, he feels he and the Finance Committee did “pretty well” putting this budget together.
The package is expected to be accepted at the 6:00 City Council meeting in the Council Chambers.