Archive for Wednesday, August 23, 2000

Budget hearing is Thursday

August 23, 2000

The public hearing for the 2001 city budget will be at 7:30 p.m. Thursday at the American Legion Hall.

The hearing will be the second hearing of the budget. The budget was republished following the first hearing on July 25, after a mistake was found.

The $46,000 mistake in the general bond and interest budget actually lessens the 2001 budget's mill levy from 44.596 to 44.547. City Administrator Larry Paine said he made the error entering information from the 2000 budget into a spreadsheet for the 2001 budget. That error carried over into the 2001 budget, and was not caught until after the budget hearing on July 25.

The City Council voted to republish the budget and hold a second hearing.

The $7.8 million 2001 budget supported by 44.547 mills is nearly a 10-mill increase from the $7.3 million 2000 budget supported by 35 mills. A mill is $1 in property taxes for every $1,000 in assessed valuation.

Most of the increase can be attributed to capital improvement projects, including the reconstruction of Sixth Street, the relocation of the portion of the city's waterline from Lawrence that currently runs beneath the Baker Wetlands, the widening of U.S. Highway 56 and improvements to the city's electrical distribution system.

The budget is also providing for city employee salary increases, an additional police officer and two patrol vehicles (one new, one used) for the police department.

A special meeting of the City Council will be held following the public hearing for adoption of the 2001 budget.

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