LA CROSSE, WI (WKBT) - Residents in La Crosse will see a tiny increase to their taxes next year.
The City Council approved the city's 2014 operating budget Tuesday night. It includes a 3% wage increase for city staff and doesn't tap into the reserve funds.
Mayor Tim Kabat says they had to make compromises, but it avoids significant cuts to programs and services.
Earlier Tuesday, Mayor Kabat learned the city's assessed value dropped by nearly eight million dollars. That meant the city and council members needed to find a way to get to the desired tax rate. "But they didn't go to that next level of making an additional cut so we ended up with a budget that in essence holds the line, but increases the tax rate by two cents to make up for the difference and the loss of $7.9 million in value," said Mayor Kabat.
Bob Seaquist from District 8 is the lone council member to vote against the budget, saying he's opposed to the amount of cuts being made.23061790
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