FORT WAYNE – You read the story every October: City Council members approved a multimillion-dollar budget for next year, which represents this percentage of an increase over this years spending, blah, blah, blah.
What does it mean? Where does that money really come from, and where does it really go?
Most people – especially at tax time – understand intimately where the money comes from. But the property taxes we pay are only the most visible source of city revenue, and not necessarily the largest.
Its easy to say the city – or any governmental body – spends too much, but what does that spending buy us?
On Tuesday, the Fort Wayne City Council approved the 2014 budget. Heres a peek at its inner workings: