GR approves 2014-2015 spending plan

generic Grand Rapids City Hall 051314

GRAND RAPIDS, Mich. (WOOD) — The Grand Rapids City Commission approved a $441 million budget Tuesday morning.

The biggest chunk of funding for the 2014-2015 fiscal plan is from the city’s income tax, equaling about $65 million.

Property owners contribute close to $13 million through property taxes. A homeowner with a home worth about $90,000 with a taxable value of about $45,000 would owe about $413 in property taxes.

The biggest expenses are in the area of public safety; it costs just over $46 million to run the Grand Rapids Police Department and just under $38 million to get a fire truck to your door.

The new fiscal year begins July 1.

WOOD TV8 provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

blog comments powered by Disqus