The city of Fulton’s 2018 budget passed a unanimous roll call vote by the Fulton Common Council after a public hearing brought out mostly positive remarks on Tuesday. The $16,492,000 budget brought a zero percent tax increase despite a spending increase of $245,861 from last year and revenues down $1,931 for a total of $9,605,997. A recent push by councilors to sell city-owned properties acquired by tax foreclosure has contributed to a $10,844,170 increase from last year in the city’s total assessed value, reaching $337,533,626. The tax rate remained steady at $20.50 per $1,000 of assessed value, the increase in assessed value helping to keep this figure unchanged, city officials said.
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