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Property Tax funding to city budget

2004 $64,325,034

2005 $60,618,869

2006 $66,217,216

2007 $63,926,230

2008 $67,056,675

2009 $76,149,571

2010 $78,525,638

2011 $79,566,667

2012 $94,142,096

2013 $97,658,368

Property TAx funding to Schools

2004 $97,641,524

2005 $100,917,997

2006 $103,546,399

2007 $113,126,355

2008 $118,064,827

2009 $118,064,827

2010 $123,968,468

2011 $125,010,374

2012 $118,644,632

2013 $118,644,632

Since 2007 local tax dollars to support the Warwick school budget has increased only $5.5 million or 4.9 percent overall, while the city budget has increased by $33.7 million or 52.8 percent overall. In 2007 64% of budget was allocated to schools - today 55% to schools - 45 to city. So you can't blame schools for the tax increases over the last 5 years.

The city side of the budget is out of control.

And for those who work for the city, think about this fact. Even through there were no raises this year for city employees and employees are paying more for healthcare and the school budget was level funded, over $3.5 million more in local tax dollars is needed for city spending.

If you don't realize there is a problem with the city budget, keep on believing the Mayor and the city council. In the very near future with the exploding retiree cost requiring more and more of new tax dollars, it is going to be very difficult to budget for raises for active employees.

From: A new look

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