Drainage District 7 and 12 explores funding for upcoming $1M levy project

During the regular meeting of Iowa County on August 29, discussions centered around the financial planning and engineering challenges related to upcoming drainage projects in Districts 7 and 12. The meeting highlighted the need for funding to address a significant project estimated to cost between $850,000 and $1.1 million, which is not expected to commence for at least two years.

The primary concern raised was the lack of available funds to cover the project costs. The current engineer, Bill Clawson, expressed discomfort with the project due to its complexity, specifically mentioning the need for specialized modeling skills he has not been trained in. This has prompted the team to seek alternative engineering firms, with ongoing discussions with HR and other potential companies to ensure the project can move forward.

The financial strategy discussed included a proposed levy that would generate approximately $225,000 annually over the next five years, totaling around $1.125 million. This levy would be based on a tax rate of $22.20 per $1,000 of taxable valuation. The funds raised would not only support the upcoming project but also address existing debts and maintenance costs within the drainage district.

The meeting also touched on the importance of timely assessments and planning, as the project will require a year for pre-planning and permitting, followed by an estimated three months for construction. The urgency of securing funding and engineering support was emphasized, given the unpredictable nature of future expenses and the need for ongoing maintenance.

In conclusion, the discussions at the Iowa County meeting underscored the critical need for strategic financial planning and engineering expertise to address the drainage challenges facing Districts 7 and 12. As the county prepares for the upcoming project, securing the necessary funding and resources will be essential to ensure its successful implementation. The board anticipates further discussions and decisions in the coming months to solidify these plans.