Newark Mayor Jonathan Taylor and the village board recently announced that the proposed 2018 budget will have a 0 percent tax rate increase and there will be no increases to the water or sewer rates.
The village will continue to provide necessary services residents expect, such as police and fire protection, street maintenance and code enforcement, all of which help maintain property values. Village Parks and Recreation will remain fully funded. Over 37 percent of the department of public works operations budget will be spent on street paving.
Money management and strategic planning allowed Newark to continue providing public services while keeping the tax rate from growing. With an aggressive effort to build economic development, the village has expanded its tax base. The village is in a stable position to meet any equipment replacement needs in 2018 that aren’t in the budget. This policy allowed the village to obtain a new vehicle for the police department in 2017.
“The village management team and the board have worked diligently to keep spending in check while providing first class public services to our citizens,” Taylor said. “Our plan is not just for the now, but is an example of what to expect for Newark in the decades to come.”
The next board meeting will be at 6 p.m. April 18 in Newark Village Court, 100 E. Miller St.