Auditors Grade City

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Auditor Paul Breazeale revealed the numbers found in his study of the city of Meridian over the previous fiscal year. One aspect of his report was taxes.

"If you look back in time from 1993 to 2000, the millage rates have not changed much at all," said Breazeale. "As a matter of fact, you went four years from 1998 to 2002 you didn't have any increase."

Breazeale also measured the city by the value of its taxable property.
"If someone asks you is the city of Meridian growing, the answer is -- if you look at the assessed value of property-- the answer is yes," the auditor said. "It's a nice smooth upward curve."

Breazeale said he thinks city is doing nicely financially, that Meridian has economic growth, taxes are relatively stable and predictable and the general fund balance is adequate and growing.

City Council President Mary Perry said she was pleased with the audit report.

"One thing I like about it is the debt service is on the downward trend, our funds and taxes have stayed about the same and our sales taxes and revenues have increased," Perry said. "So the report looks good. I like it and I feel that we are doing our citizens a service in that we are keeping our city operating without a struggle and a cost to them."