The City Council of Isanti convened on March 12, 2024, to discuss critical financial matters, including proposed adjustments to the city's tax levy and water and sewer service charges. A significant highlight was the council's decision to consider a reduction in the proposed tax levy increase from 3.88% to 2%, aimed at easing the financial burden on residents, particularly those on fixed incomes.
Councilman Jeff Duncan advocated for the lower increase, emphasizing the need to balance the city's financial health with the residents' ability to pay. He pointed out that many residents are already facing rising costs due to increased water rates, which are also under review. The council acknowledged that while the city has seen a substantial increase in property values, the tax rate should reflect a fair approach to taxation without overburdening citizens.
In addition to tax discussions, the council addressed the need for a 5% increase in water and sewer service charges over the next four years. This increase is deemed necessary to fund infrastructure improvements, including a new well and water tower, as the city has experienced a significant rise in water usage due to new developments. The council noted that the rates had remained unchanged for several years, making this adjustment essential for maintaining service quality and infrastructure.
The meeting also included discussions on the Heritage Intersection Improvements Project, where the council approved funding for right-of-way services and geotechnical assessments, ensuring that the project meets state requirements and progresses efficiently.
Overall, the council's discussions reflect a commitment to fiscal responsibility while addressing the needs of the community, balancing infrastructure demands with the financial realities faced by residents. The anticipated outcomes include a more manageable tax increase and necessary adjustments to utility rates to support ongoing city projects.