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Fort Madison Budget Appears Balanced

Fort Madison, IA – Fort Madison's proposed spending plan for next year appears to be balanced without any signficant cuts. City Manager Larry Dinwiddie says, after years of budget cuts, early numbers show revenues and expenditures are coming in at about the same pace. He says the spending plan, for the fiscal year that begins in July, does not include any program cuts or job eliminations. Dinwiddie says the city wants to avoid laying off workers, especially within the police and fire departments. Dinwiddie says most of the city's capital projects, including vehicle and computer purchases, will have to be moved to future budgets. He says the spending plan will likely include a property tax rate hike of roughly $1.00.