Reardan in the black in 2021, budget approved
Town plans for positive budget
Last updated 12/10/2020 at 2:07pm
REARDAN – The town council unanimously approved the 2021 budget at its Dec. 3 meeting. The budget anticipates the town being in the black in 2021, with $1,072,783.31 in revenue and $808,433.42 in expenses for a net of $264,349.89.
The budget details where local property and sales taxes, utility payments and other local payments will be allocated in the town. Council approved a 2.35% property tax increase at its Nov. 19 meeting, which was filed with the Lincoln County Assessor’s Office but has yet to be approved. It likely won’t be until closer to the end of the year, according to tow...