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The proposed FY 2010 Budget is complete and has been presented to the Council by City Manager James Fisher. It includes a new effective tax rate of .526370/$100 in valuation from the current rate of .518300/$100 in valuation to allow the City to meet all of their obligations.
There are two budget hearings scheduled for the public to make comments, August 17th and August 31st. The adoption of the budget by the Council is September 8, 2009, which is a Tuesday, due to the Labor Day Holiday.
According to the City of Murphy website these two hearings are coupled with Budget Work Sessions, scheduled 6 p.m. to 9 p.m.