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Councilors lobby for more money to offset property taxes -
Rising residential real estate values mean higher tax bills for many -
$2 million return expected from purchase of U.S. Treasury Notes -
The tax bill on the average single-family home will increase $194 next year -
Tax bills likely to go up next year because of higher residential property values -
Money set aside for "rainy day", unfunded pension liability, property purchases
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But Finance Committee makes no recommendation on use of free cash -
Sock it away for a rainy day or give taxpayers a break?
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Property tax relief is discussed during budget debate -
Average single-family homeowner facing $216 increase
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