Soldotna passes budget; mill rate unchanged

The Soldotna City Council passed the city’s operating budget for fiscal year 2018 in 15 minutes.

With no public or council comments and not much else on the Wednesday night meeting’s agenda, the council passed Soldotna’s approximately $12.5 million operating budget swiftly and unanimously. They also adopted a resolution setting the city’s property tax rate at 0.5 mills, the same as last year.

There were no changes made to the budget since a work session held in May.

Soldotna administrators and council members considered raising the mill rate during the budget process last year to make up for lost sales tax revenue, due in part to the city’s temporary loss of its year-round sales tax, but opted to keep it the status quo at 0.5 mills and dip into the city’s fund balance to cover the difference.

Reach Megan Pacer at megan.pacer@peninsulaclarion.com.

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