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|