Good news for City of Beloit budget
The City of Beloit has good news for property tax payers in 2009.
City Manager Larry Arft says the tax levy is up about three percent, or about $17 a year for a $100,000 home. He says the economy isn't much of a worry, because state revenue is fixed for 2009. Beloit received a slight increase because of formula adjustments, which was enough to balance the budget.