Home Owners in Fort Wayne Could be Paying More in Property Taxes

Home Owners in Fort Wayne Could be Paying More in Property Taxes

Home owners in Fort Wayne could be paying more in property taxes if Mayor Tom Henry's new budget is passed.
Home owners in Fort Wayne could be paying more in property taxes if Mayor Tom Henry's new budget is passed.

The 2014 budget was introduced by the Mayor and other city officials.  Henry says this budget is unique from other years because it includes plans to hire and train more police and fire fighters. 

In order to pay for that, the Mayor says he wants to magnify the amount of property taxes the city is able to collect.  That includes some from property owner's pockets.

Dan Brockman is saving up to buy his first home but he's not looking forward to increased property taxes if the Mayor's budget is approved. 

The city will maximize the amount of money it's able to collect.  Property owners could see as much as a $12 dollar increase in their property tax bill over a year span. 

When Henry asked the citizens of Fort Wayne their wants and needs, he says the answer was more public safety, cleaner parks, and better road conditions. 

The $147 million dollar budget for 2014 includes:
- academy class to train and hire 20 new police officers
- academy class to train and hire 15 new firefighters
- improvement projects for public works and parks
- 2% raise for city employees
- expense reduction of $5 million

This budget will go to City Council for approval or denial at next Tuesday's meeting.  If City Council is not in favor of the budget, it can be trimmed but not changed.
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