The Fredericksburg City Council passed its fiscal year 2014-2015 budget during a regular meeting Tuesday evening. The council also approved the adoption of the effective tax rate, set at 0.2482 per $100 valuation, which is down 1.18 cents from the current $0.2600 rate. After weeks of consideration, the council voted to scrap annexation plans for a 145-acre area southeast of Fredericksburg along U.S 290 East in response to significant opposition from area property owners as well as the high utility service cost burden on the city. To read the entire Daily Update, click here: fredericksburgstandard/articles/2014/09/03/daily-update-sept-3
Posted on: Wed, 03 Sep 2014 14:06:58 +0000
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