City of Sparks Proposes Ideas to Increase Revenue - KTVN Channel 2 - Reno Tahoe News Weather, Video -

City of Sparks Proposes Ideas to Increase Revenue

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The City of Sparks is looking to add some revenue - and asking some residents to foot the bill.

The city council voted to include a number of policy changes to the budget for the 2015 fiscal year.

They are proposing an increase to the property tax rate that would affect 3.7% of properties. It would add a little more than four cents for every $100 of assessed value - bringing it to the maximum allowed by state law.

The City says this will add about $250,000 in revenue.

They are also aiming to bump the city's garbage fee from 5% to 8% which would generate about $400,000 for the City.

The City says while revenue is expected to climb next year, expenditures are projected to outpace the growth.

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