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Coralville says LOST estimates remain uncertain; staff to seek federal funds for Forevergreen Road
Summary
City Administrator Kelly Hayworth told the council LOST revenue estimates are not yet reliable and are not included in the budget; he also said he and Ryan Heiar will take position papers to Washington, D.C., seeking funding for the joint Forevergreen Road project, and noted a BRIC grant extension application.
City Administrator Kelly Hayworth told the Coralville City Council on April 14 that the city does not yet have a reliable estimate for local option sales tax (LOST) receipts and that LOST monies are therefore not included in the current budget. Hayworth said the first year of LOST collection will span only 11 months because collections are paid in arrears, and that nearby communities (Solon and Tiffin) have received more LOST revenue than Coralville’s estimate.
Hayworth also reported that he and Ryan Heiar will take position papers to Washington, D.C., seeking additional federal funding for the joint Forevergreen Road project shared between North Liberty and Coralville. He told the council the state has applied for an extension to the Building Resilient Infrastructure and Communities (BRIC) grant because of limited movement at the federal level and that the state expects the extension to be granted.
Mayor Laurie Goodrich mentioned upcoming community events including Toast to Business and an upcoming United Way meeting. Councilperson Katie Freeman said she will participate in planning the field mediation grant program with other Johnson County entities. Staff noted that social-services applications go through the United Way.
No formal votes or budget amendments were taken during the session; the items were presented as informational updates and next steps were not finalized at the meeting.
