For­tune an­nounces bud­get for 2017

The Southern Gazette - - FRONT PAGE - BY COLIN FARRELL

The Town of For­tune has ap­proved a bal­anced bud­get for the year 2017 of $1,391,128.90.

There will be no change in res­i­den­tial prop­erty tax which will stay at a rate of 8.5 mills, and the com­mer­cial mill rate stays steady at 11.

Some of the ma­jor ex­pen­di­tures fore­casted in the up­com­ing bud­get in­clude; $569,698 for wa­ter, sewer and paving up­grades to Snook’s Road and ex­ten­sion; $1,442,594 for up­grade to the For­tune Arena; and $48,750 for a wa­ter agree­ment with the town of Grand Bank.

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