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County chief financial officer David Bulzoni said the borrowing will raise annual debate payments by about $1.1 million, but won't require another tax hike next year. The county raised property taxes 33% this year.
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County taxpayers face a property tax increase of at least 1.75 mills next year just to pay for new borrowing.
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County officials don't know how much taxes will rise, but the county plans measures to trim an estimated $11.3 million year-end deficit and will borrow to cover at least part of that.