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North Tonawanda passes 2018 budget with unchanged tax rate

Property owners in North Tonawanda will pay the same tax rate in 2018 as they did this year.

The Common Council passed the $36.2 million budget for 2018 Tuesday night, holding the tax rate steady at $13.28 per $1,000 of assessed valuation. Because of an increase in the city's total valuation, the total amount to be collected in taxes will rise 0.83 percent, but that's a full percentage point under the state-mandated tax cap.

General fund spending for 2018 is down about $219,000 from this year, but City Accountant Amanda Reimer said most of that is attributable not to a spending cut but an accounting change. The city's contingency account of $210,000 is being moved out of the regular budget into a reserve fund, she said.

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