Cold Spring Approves Preliminary Budget for 2020
COLD SPRING -- Residents of Cold Spring shouldn't expect to see a noticeable increase to their property taxes next year — at least on account of the city.
During their Tuesday night meeting, the Cold Spring City Council quickly and unanimously voted to adopt a preliminary budget of just over $1.7 million.
That figure is up less than one percent over last year's budget of $1.65 million.
The adopted levy is lower than anticipated. When preliminary budget discussions began, the council was looking at closer to a 7 percent increase.