Park Rapids 2012 budget up modest increase from 2011
Park Rapids has approved the preliminary General Fund budget and proposed property tax levy for 2012 at a slight increase from 2011.
The Park Rapids City Council set the 2012 General Fund budget at $1,564,873 and the 2012 tax levy was set at $2,157,073, up 3 percent from 2011.
The breakdown of revenues is $1,584,873 from property taxes, $314,126 from Local Government Aid from the state and $699,291 from other sources. The city makes payments on several bonds.
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