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Council reviews budget adjustments, proposed tax rate and liability for donated Oldville property
Summary
Councilors reviewed a routine $15,000 transfer from the enterprise fund to general for operating expenses, discussed amending the 2025–26 budget, and considered a proposed tax rate of 0.000469 raising $13,007.52. Members also debated insurance liability for a donated property called Oldville and asked staff to research county assumption or other options.
At the Cleveland public hearing, the Chair presented several routine fiscal items and invited questions. The Chair said the town proposes a routine transfer of $15,000 from the enterprise fund to the general fund to cover operating expenses and described an amended 2025–26 budget that updates revenues near the end of the fiscal year.
On the proposed property tax rate, the Chair read a rate of 0.000469 that would yield $13,007.52 in town revenue. A council member reacted to the small local share of property tax receipts, saying, “It’s unconstitutional, if you ask me.” The Chair and staff did not change the proposed rate during the hearing.
Councilors also discussed a town-owned property called Oldville, which staff said had been given to the town by the Oltsons in exchange for grave plots. Councilors linked the town’s recent insurance increase in part to Oldville and explored options for reducing the town’s liability, including asking the county to assume maintenance or liability, charging admission or usage fees, or setting up a donation box to support town operations. Staff recommended researching the county’s ability to assume responsibility before engaging the county and said outside advice is planned: a person named Liz (a past Price City Council member) will bring suggestions at the next meeting.
The hearing recorded no public comments on these items. After completing discussion of the agenda, a council member moved to adjourn the public hearing, a staff member seconded, and the Chair called for assent; the motion carried and the public hearing ended.
