City budget proposal on council agenda

    The city’s 2019-20 budget hearing will be held Tuesday, Sept. 17, as part of the council’s regular meeting at 6 p.m.
    Taxpayers will see just over a 6 cent increase (per $100 in property valuation) in the levy next year if the proposed budget is approved. As proposed, the tax rate for all sources would go from .6289 to .6890.
    To support the budget, city residents would see an increase of tax askings from $1,082,950 to $1,194,067, or 10%.
    In order to stay under the state-mandated spending lid, City Clerk/Administrator Jo Leyland said $6,000 had to be cut out of the budget. She took out $3,000 from each of the fire department and library’s budget proposals, but told council members they could make alternate cuts if they chose. There were no suggestions offered at the Sept. 4 meeting.
    The city saw about $1 million in new growth in its valuation for the coming year. If there had been no “new growth,” Leyland said the valuation would have dropped. According to the county assessor, the valuation rose from $172,177,938 to $173,286,735.
    A wage ordinance for 2019-20 salaries will also be considered.

 

The Imperial Republican

308-882-4453 (Phone)

622 Broadway St

PO Box 727

Imperial, NE 69033