Reading mayor proposes new budget

READING, Pa. - October 4, 2012

Mayor Vaughn Spencer's budget includes a 13 to15 percent property tax hike.

Officials also say pensions and city insurance are up 5 million dollars from last year, which could mean cuts to the city's fire, police, and public works departments.

Many council members say they oppose the budget and the mayor admits it still needs work.

The budget must be approved by December.

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