Bryan Mayor Doug Johnson focused on the city’s finances during his annual State of the City report during Tuesday’s regular Bryan City Council meeting. While he was pleased with the overall outlook, he also offered a warning that the city cannot afford to lose any of these particular areas of revenue, referring to the state’s kilowatt hour tax and the city’s 0.3 percent fire department and 0.5 percent income tax funds. He added if that were to happen, the city would have to make cuts or find other avenues of funding. While aforementioned city taxes – which have a combined fund balance of $4.14 million as of the end of 2016 – are not in danger, the state kilowatt hour tax, which accounts for $790,000 of the council’s $25.35 million budget, could be.
Check Also
If you don’t clear the snow and/or ice from your sidewalk, are you liable if someone slips, falls and gets hurt?
With Ohio getting deeper into winter with snowfall and cold temperatures, homeowners will be out …
WBNOWQCT Your favorite Rock & Classics!