Resolution #2009-6 Inflation Adjustment for Mill Levy Calculations

Under current law, 15-10-420, cities and counties are allowed to increase their budgets by one-half the rate of inflation.  This restriction ignores the effects of higher costs for fuel, utilities, wages, benefits and capital projects on the ability of local governments to provide essential services.

Be it resolved that the League of Cities and Towns will arrange for the introduction of a bill that will remove the provision that  limits local government budget adjustments for inflation to ½ the three year average increase in the Consumer Price Index.