During a recent city council meeting, officials discussed the proposed budget for 2025, correcting an earlier miscommunication regarding the figures, which were mistakenly labeled as 2024 numbers. The budget anticipates water and sewer revenues of approximately $2.4 million and $1.5 million, respectively, with projected fund balances of $2.9 million for water and $1.46 million for sewer by the end of 2025. The stormwater budget is projected at $325,000, while solid waste is expected to generate $611,626.
The council is recommending the adoption of a property tax levy of $4,176,692, which equates to 54.856 mills. This figure has raised concerns among residents, particularly regarding its impact on property taxes. Public speaker Mike Miller expressed frustration over the tax increase, highlighting that homeowners would see a significant rise in their property tax bills due to increased valuations. He urged the council to consider budget cuts to alleviate the financial burden on residents.
Council members engaged in a robust discussion about the mill levy, with some advocating for a lower rate. Councilman Dale expressed a preference for a slightly reduced mill levy of 54.575 mills, while others defended the proposed rate, citing the need to address inflation and maintain city services.
The conversation also touched on comparisons with neighboring cities, with some council members noting that the city's tax rates are competitive when considering the services provided, such as fire protection and library services. The council emphasized the importance of transparency and community engagement in the budgeting process, acknowledging the challenges of balancing fiscal responsibility with the needs of the community.
As the council prepares for a final decision on the budget, the public is encouraged to participate in upcoming meetings, with the next opportunity for discussion scheduled for September 17.