The Tyrone Town Council is on its way to adopting the $3.085 million FY 2010-2011 budget by the end of June. Expected decreased property tax revenues are being offset by 3 percent departmental reductions and the transfer of $136,000 from the reserve account. The 2.89 millage rate is expected to remain unchanged.
The council Thursday continued the discussion of the proposed General Fund budget that totals $3,085,674. That amounts to a $45,005 increase, or 1.5 percent, over the current year. Read More»