CEDAR RAPIDS — A property tax hike to pay for flood protection and anticipated revenue from a reestablished traffic camera program to pay for 10 new police officers are highlights of a proposed Cedar Rapids fiscal 2020 budget unveiled Tuesday evening. The budget, which broadly previews city spending priorities, would increase the municipal property tax rate for the first time in a decade to support a 10-year, $264 million borrowing plan to cover much of the local share of a $750 million flood control system.“We all knew we were going to have to put a significant amount of investment in our flood control system,” Cedar Rapids council member Tyler Olson said earlier this week.
Similar Stories to Tax Hike, More Officers Proposed In Cedar Rapids Budget on Bing News
B.A. Morelli, The Gazette (Cedar Rapids)
Tue, 02/05/2019 - 7:55pm
Sections: u.s.
Topics: Iowa Linn County Cedar Rapids
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