Rapson wants to cut PTC's cash reserve goals to stave off projected millage hike in 2004, 2005

If Peachtree

City Councilman Steve Rapson has his way, the City Council will lower

its reserve goals to help stave off a projected tax increase in 2004 and

2005.

Rapson argued

at the council's retreat Friday that a cash reserve based on three months

of operating expenses "is too high for a city our size." He

urged cutting the goal

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