Mount Vernon to borrow $2.5 million to reduce 2013 tax hike
Photo credit: Xavier Mascarenas | City of Mount Vernon Mayor Ernie Davis reacts as a resident speaks out against a proposed budget which calls for considerable tax increases during an open meeting at City Hall. (Dec. 6, 2012)
Mount Vernon firehouse threatened by proposed budget cuts
Mount Vernon residents irked by 2013 budget plans Faced with public backlash over a nearly double-digit property tax increase next year, Mount Vernon will borrow $2.5 million in 2013 to pay off outstanding tax challenges, a move aimed at lessening the blow to taxpayers' wallets.
On Thursday, the city's Board of Estimate and Contract -- which includes Mayor Ernie Davis, Comptroller Maureen Walker and City Council president Roberta Apuzzo,...
