Council gets 2015 income outlook

In order to have a budget you have to have revenues matching expenses, and the Cheney City Council got a first look at what income the city can expect in 2015 at their Oct. 28 meeting.

Cheney’s assessed valuation has been climbing each year, and the good news in 2015 is that trend continues, increasing by $2,188,346 over 2014 valuation to a total of $512. 4 million, according to data from the Spokane County Assessors Office. The result to the city coffers is the emergency medical services levy for 2015 will increase $2,555, 1 percent, while the city’s general property tax levy rises another 1...

 

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