Thursday, November 29, 2007

Breckenridge Increases Mill Levy

With a 5-2 vote, Breckenridge Town Council passed the second reading of a ordinance that sets the Town’s 2008 mill levy at 7.52 mills, an increase of 1.45 mills from 2007.

The increase will go to pay the debt related to Breckenridge Recreation Center and Stephen C. West Ice Arena.

As a result, money will be freed up from other funds so the Town can continue to work on its vision plan for a sustainable community, council members said.

A mill is $1 per $1,000 of assessed property value.

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