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16-CENT TAX RATE REDUCTION IS OFFERED IN PROPOSED BUDGET

An overall 16-cent tax rate reduction is contemplated in the 1998 tentative budget prepared by Eden Supervisor John S. Tsakos.

The $3,131,473 spending plan calls for raising $1,805,840 of it through local property taxes with an overall tax rate of $4.37 per $1,000 assessed valuation. The 1997 tax rate was $4.53.

The budget calls for a 4 percent raise for most Eden officials and employees, but Tsakos said the precise numbers remain to be determined.

The tentative budget will be the subject of a public hearing Oct. 22.

The budget's general fund lists appropriations of $1,4644,036 with a $1.31 tax rate, down 22 cents.

Tsakos said the tax rate cut was partially due to reductions in town insurance costs from $80,000 to $56,200 and in accounting costs from $13,000 to $7,500. He also took only $12,000 of a $33,000 salary.

The $900,507 highway fund appropriation, about the same as this year's, will require a $2.32 tax rate.

Among the planned purchases are a replacement fire truck that Tsakos said may cost up to $250,000, a regular truck and a pick-up truck. Reserve funds already in hand will pay for them, he said.

Eden's proposed Fire District spending for the Eden and East Eden Volunteer Fire companies will be $166,928 and require a 53-cent tax rate, up 5 cents. Again in 1998, the Garbage District fee will be $148.

Residents of Eden Water District Extension 1 will have a $1.29 tax rate while the Extension 2 tax rate will be $3.32. Residents of both districts also will pay a 32 cent maintenance tax rate.

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