CITY COUNCIL MOVES CLOSER ON FINALIZING FY18 OPERATING BUDGET

CITY COUNCIL MOVES CLOSER ON FINALIZING FY18 OPERATING BUDGET

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THE SIOUX CITY COUNCIL CONTINUED ITS BUDGET HEARINGS FOR THE NEXT FISCAL YEAR IN A MORNING SESSION AT CITY HALL THURSDAY.

THE FOUR COUNCIL MEMBERS DISCUSSED A NUMBER OF LINE ITEMS WITH THE ULTIMATE GOAL OF HOLDING THE LINE ON RESIDENTIAL PROPERTY TAXES.

AT THE END OF THE SESSION, MAYOR BOB SCOTT MADE A MOTION TO OFFSET A $700-THOUSAND DOLLAR INCREASE IN STORMWATER RATES WITH AN EQUAL REDUCTION IN RESIDENTIAL PROPERTY TAXES.


OC…….ON THE HOMEOWNERS. :28

BUDGET MANAGER DONNA FORKER EXPLAINS WHAT THAT MEANS TO THE OWNER OF A $100-THOUSAND DOLLAR HOME:


OC……….TYPICAL $100,000 VALUE. ;20

FORKER SAYS THE MAYOR’S MOTION EVENS THE PLAYING FIELD BETWEEN COMMERCIAL AND RESIDENTIAL PROPERTY OWNERS:


OC…………..AND THE COMMERCIAL. ;23

MAYOR SCOTT SAYS HE’S PARTICULARLY CONCERNED ABOUT FIXED INCOME RESIDENTS NOT BEING HIT WITH A TAX HIKE:


OC….. NEUTRAL TO THEM. ;16

THE COUNCIL WILL HOLD A PUBLIC HEARING ON THE OPERATING BUDGET AND TO INCREASE THE STORM WATER FEE AT THEIR FEBRUARY 27TH MEETING.