During a recent government meeting, officials discussed key financial strategies aimed at alleviating the tax burden on senior citizens and addressing public safety funding. The finance committee emphasized its commitment to freezing property tax rates for residents aged 65 and older, contingent upon legal allowances. The committee is set to further explore this initiative in a meeting scheduled for August 7.

The city anticipates generating approximately $14 million from property taxes, alongside $150,000 from service charges. However, the proposed funding for public safety, estimated at $22.6 million, will not be fully covered by these revenues, leaving an $8.2 million gap that will need to be filled by sales tax.

A significant portion of the budget discussion focused on infrastructure improvements, with $5 million earmarked for this purpose. The finance committee also proposed reallocating funds to unfreeze previously frozen positions and to cover costs associated with school resource officers (SROs). The city aims to assume full financial responsibility for three officers currently funded by the school district, which has faced financial difficulties in recent years.

Despite the school district's ongoing financial stress, there was a glimmer of hope as the school board president indicated that payments owed to the city would soon be made. This development could potentially alter the city's funding strategy for the SRO positions, which had been initially budgeted at $230,000.

Overall, the meeting underscored the city's efforts to balance fiscal responsibility with the need to support both its senior citizens and local educational institutions, while navigating the complexities of funding public safety and infrastructure projects.