News Flash

City News

Posted on: September 18, 2018

2019 Proposed City Budget

City Budget

The City Council discussed the preliminary budget for 2019 at the September 4 City Council meeting. Final approval of the budget and levy will take place after a public meeting held in December. Property owners will receive a notice of the hearing and the property tax impacts in November. The preliminary levy can be reduced at that time but not increased.

The 2019 Budget assumes continued levels of service with some additional funding for major initiatives. Beginning to implement the findings of the space study that started in 2018 is a priority as it not only attempts to most efficiently utilize space allotments for city activities but identifies major maintenance needed to assure the buildings are current for the next 20 years. The 2019 budget includes a number of these high priority maintenance efforts. Additional projects will be scheduled over the next few years. In addition to preserving the City’s building infrastructure, equipment needs are also included in the budget such as radios for public safety to replace equipment that is no longer supported. Vital city infrastructure, which includes streets, water/sewer main rehabs as well as park updates continue to be priorities in the budget. The last of the Park Bond projects will be completed in 2019 with the completion of renovations at Lions Coon Creek Park.

The Proposed 2019 City tax levy is $28,233,781 as compared to $26,845,674 in 2018. The entire proposed budget can be viewed here.

An estimated impact on benchmark homes is as follows:


MARKET VALUE

CITY TAXES


2019
2018
2019
2018
Home 1
144,800121,200
497
402
Home 2
182,300
174,400
665
648
Home 3
233,500213,700
895
829
Home 4
250,200
229,900
970
904
Home 5
340,400307,900
1,375
1,264
Home 6
380,800
372,400
1,556
1,552


 

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