The Nome Common Council finalized the city's fiscal year 2025 budget during its meeting on Monday, June 10. The approved General Municipal Fund Budget stands at $17,948,567.33, reflecting a slight decrease from the 2024 fiscal year's amended budget.
City of Nome Mill Rate Set for 2025, Increase to Property Taxes Coming knom.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from knom.org Daily Mail and Mail on Sunday newspapers.
The City of Nome has set the mill rate for 2024 at 11.5, marking an increase from the previous year's rate of 10.5. The resolution, identified as Resolution No. R-24-05-04, was adopted during a City Council meeting held on May 28.
During the session held in the Nome City Hall meeting room, Burgess discussed figures and graphs included in a draft of the budget plan displayed on two large wall-mounted TVs.