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City officials warn $3 million shortfall if New Franklin fire levy fails; council briefed on cuts and tax alternatives
Summary
City officials told New Franklin City Council that the expiring 5.75-mill fire levy would produce roughly $3 million a year and that a failed ballot measure would create a structural shortfall requiring broad cuts or new revenue such as an income-tax change or reduced income-tax credit.
New Franklin officials told the City Council on Tuesday that an expiring fire levy set for the November ballot would generate about $3 million a year and that a failure would create a multi‑million dollar shortfall requiring either broad cuts across departments or new revenue. AJ of Davenport Financial said, “the city would be running about $3,000,000 annual deficit” in the fire district fund if the proposed 5.75 mills fails.
The levy in question is the ballot measure designed to replace a five‑year levy originally passed in 2019. Council members and municipal advisers said the current fire fund expenditures for fiscal 2025 are about $3.4 million, while the levy is projected to produce roughly $3.0 million a year, creating a growing gap as expenses have risen. Matt Staczynski of MS Financial cautioned, “we're not here to be an alarmist. We're not here to try to scare people. We're…
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