With property values slowly inching up again, Venice Mayor John Holic wants voters to approve “a stop-gap measure” blocking the city from getting a windfall of millions in property taxes and spending it all. The Herald-Tribune reports the proposed city charter amendment would require the city manager to get City Council’s consent if he or she intends to present a general operating budget that calls for an increase in property taxes of more than 3% or that year’s increase in the CPI. Holic says it would also prevent the council from being surprised by a budget that calls for a big jump in spending.
