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Zarnetske releases proposed budget


SOUTH KINGSTOWN – Town Manager Robert Zarnetske released his proposed municipal budget plan this week, which he characterizes as a “bare-bones spending plan.”
The town’s expenditures are anticipated to increase 1.11 percent, amounting to $320,552 over the previous year. The budget “assumes close to level revenues and close to level spending across the board,” but would still require a 0.98 percent increase to the real estate taxes.
This would equate to about 14 cents per-thousand dollars of assessed value, meaning the average homeowner could anticipate a $56 increase to their yearly tax bill. At the moment, due to quickly growing real estate values seen across Rhode Island, the average home in South Kingstown is valued at $400,000. ....

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