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SRIA Budget - No Lease Fee Increases

08/01/2012 8:40 AM | Anonymous
The SRIA Board adopted next's years budget on June 27th. Once again there will be no increase in the residential lease fees that are tied to the Consumer Price Index (CPI). The efforts of PBA to have this increase overturned during the budget process 3 years ago has saved over $750,000 in additional residential lease fees. Given the present climate of double taxation, can you imagine how bitter the pill of higher lease fees would have been?

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