Sound and Sustainable City Budgets
FY07 Municipal Tax Rate = .67; FY08 Municipal Tax Rate = .67; FY09 Municipal Tax Rate = .67
As Mayor, Bob:
- Did not raise municipal taxes for the past two city budget years, while maintaining essential services for streets and sidewalks, snow removal, Fire and Police Services, and Parks & Recreation
- Restored the City’s financial health and increased the City’s financial reserves
- Implemented new risk management and employee wellness programs and competitively bid the City’s Heath and Workers Compensation and liability insurances, saving $1 million
- Limited growth in operating expenses to less than the rate of inflation
- Proactively addressed the City’s pension fund issues
- Maintained the City’s high bond rating despite financial challenges
- Negotiated groundbreaking “fee for service” agreements with UVM and Champlain College, resulting in a fairer arrangement which reduces the burden on taxpayers
