9-2-15 fdl city manager unveils proposed budget

A proposed Fond du Lac city budget includes a slight increase in the tax rate.  The budget released Tuesday includes a 2.5 percent increase in the tax rate.  The property tax levy is up 4.6 percent from $22.8 million to $23.9 million.  City manager Joe Moore says the increase is driven primarily by an increasing debt payment and a nearly 1.5% increase in net new construction.  The budget also includes an estimated 6.9 percent increase in water utility rates for the typical residential customer.  The city is using more than $1 million from its general fund balance.  New expenditures in the budget include $100,000 for a new  home ownership incentive  loan program,  $20,000 for a Lakeside Park master plan and $60,000 for a  Public Works Street lighting electrical conduit update.  The entire budget can be found on the city of Fond du Lac’s website.

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