ATLANTA -- Mayor Maynard Jackson has proposed a lean $348.9 million general funds budget for fiscal 1992 that would slightly reduce Atlanta's property tax.

The proposed budget calls for a 0.7% increase over this year's $346.4 million budget and will now be taken up by the City Council, which must act on it by the end of February. The council will be asked to consider a 0.2 mill decrease in property taxes that will save taxpayers $1.3 million.

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