Provo Mayor Unveils $146 Million Budget

Provo Mayor Unveils $146 Million Budget

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PROVO, Utah (AP) -- Provo Mayor Lewis Billings has unveiled his city's proposed 146 (M)million dollars budget -- the same as last year's.

City officials predict record sales tax revenues.

The budget calls for no new taxes, deriving most of its revenue from an anticipated economic upswing. The budget does, however, call for a six percent increase in water fees in Provo, effective July first.

The budget also proposes the refund of Provo's current road bond debt. Though the move will free up five (M)million dollars for maintaining roads without increasing property taxes, it would also extend the repayment period of existing bonds from four years to six.

That proposal would go to voters in November.

(Copyright 2005 by The Associated Press. All Rights Reserved.)

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