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Oldsmar budget session postponed

The City Council budget work session has been rescheduled for 6 p.m. Aug. 7 at the library reading room on State Street across from City Hall.

Council members, who have the final say on the municipal budget, will discuss City Manager Bruce Haddock's proposed $19-million budget for the fiscal year 2002-03.

Although city officials are proposing to keep the city's property tax rate at its current level, residents can still expect to pay more in taxes because property values have increased. At the current rate of 4.65 mills, a resident with a home valued at $80,000 and a $25,000 homestead exemption would pay $255.75 in city taxes.

The meeting was originally scheduled for July 30.