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Claremont seeks to tighten budget, meet goals

May 10, 2012

Claremont hopes to cut spending while tackling big initiatives in the coming fiscal year.

City officials say better financing and projected upticks from revenue streams will allow the city to scale back its budget and accomplish specific goals set by councilmen in recent years.

Claremont’s recommended fiscal year budget comes at a cost of about $2.36 million, which represents a decrease of about 6.2 percent from the 2011-12 fiscal year budget.

According to a draft of the recommended plan, the city’s tax rate of 46 cents per $100 of valuation will remain the same, as will its fees and water and sewer rates.

To read more of this story, pick up the Friday edition of Catawba County's community newspaper, The Observer News Enterprise, at newsstands throughout the county.

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