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NEWS ARCHIVE
City tax levy declines
(Clinton) -- Local tax levy drops while city maintains services with no major cuts
As the Clinton City Council finished their review of the budget for the next fiscal year, the tax levy declined for the city operations.
City Administrator Jeffrey Horne said for the city budget the levy was reduced by about ten cents per thousand dollars valuation from last year to a levy of $15.49 for the budget year.
An increasing tax base and careful spending and planning were cited as reasons for the decline.
City council members also pointed out that the spending plan did not include any layoffs or other major cutbacks.
Also as part of the discussion the council learned that the city has about 3-million dollars left in room for bonding. With fire department facilities, a police station and a new library as priorities for bonding, the council did not make any commitments at this time. Council members did comment that it may be best not to plan any major bonding issues for now with the idea that funding may be needed for various improvements that may be prompted by a ‘hoped for influx’ of new residents by the use of the Thomson, Illinois prison and the new industrial park.
The use of the prison also was the topic of comments by Mayor Rodger Holm. He says the city has been pro-active in planning for the impact of opening of the prison as a federal prison for months. Holm says meetings are being planned with developers, bankers and others in the near future on the potential for new development. He said these meetings and discussions have been on-going since last fall to determine was steps the city needs to take to be ready.
Written 2/23/2010 by Dave Vickers - KROS News
