Tax Increase in Salamanca

Salamanca City Council has adopted a new budget for 2010-2011 that includes a 3.2 percent tax increase.

Mayor Jeffrey Pond said the increase was necessary because of reduction in state aid in several areas, collecting less in mortgage taxes and interest that would have been earned on those revenues.

The city’s taxable assessment is down due to continuing removal of properties from the tax rolls that are deeded to Native Americans, who are tax exempt.

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