To the editor:
The May 18 issue of The Anderson News stated that the Anderson Public Library had $375,000 included in the budget just passed for retirement of one-half of the remaining building debt.
The stated plan also called for paying off the remaining $375,000 the next budget year. Next budget year the Library’s baseline budget will bring in another $375,000 without an additional tax increase because of the compensating rate requirement that the revenue for that year not be less than the year before.
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