Augusta’s proposed spending up 3.4%, but tax rate expected to remain unchanged City Manager William Bridgeo submitted his proposed budget, which includes the school budget, to city councilors Wednesday. Share AUGUSTA — A $69.3 million city and school budget proposed by the city manager would keep the property tax rate the same as it is now. The budget, submitted to city councilors by Augusta City Manager William Bridgeo on Wednesday, is up by $2.3 million — or 3.4% — over the current year’s budget. But projected revenue increases — including pandemic-related federal relief funds and an increase in the city’s overall property valuation — mean it will not require a tax increase and should allow the rate to remain at its current $20.94 per $1,000 of property value.