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Crookston officials warn of tighter budget after $200,000 tax-capacity drop; road needs could top $10M

Crookston City Council · August 13, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City staff told the council the certified net tax capacity fell by about $200,000, shrinking revenue by an estimated $118,000 at the current rate and prompting early talks about levies, reserves and a capital plan to address tens of millions in road and infrastructure needs.

City staff told the Crookston City Council on Aug. 12 that the city's certified net tax capacity fell by about $200,000, reducing expected revenue at the current tax rate by roughly $118,000 and narrowing options for new spending ahead of the budget season. The figure emerged during an informational presentation as staff opened the 2025 budget process and asked the council for preliminary direction.

Jeff (city staff) said the city is operating with multiple reserve and restricted accounts and provided a snapshot of cash and investments. He told the council the city…

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