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City Council hears pitch for 2019 levy hike

Submitted by admin on Wed, 08/29/2018 - 10:23am
By

Glencoe property taxpayers are facing a proposed property tax hike from the city in 2019, an increase intended to pay for debt in infrastructure improvements.
Monday afternoon, Aug. 27, during a workshop session, City Administrator Mark Larson proposed a 6.804 percent increase in the city’s tax levy. The increase in the levy to approximately $2.545 million is meant to pay for debt service resulting from investments to the aquatic center, 11th Street and Morningside Drive, the city center, street improvements in 2014, 2015, 2016, 2017, and the central storm sewer project. The city will make debt service payments of $968,145 in 2019.
Larson said the approximately $1.58 million for the city’s general levy – the fund that pays most of the city’s operational costs – will remain at the same level as in 2018. The city’s operating budget, he said, will remain the same or have a minimal increase as in 2018. A request from the police department for new equipment – replacement vehicles, Tasers, body cameras and higher pay for part-time police officers – is included in the proposed budget.

Read the full story in the Aug. 29 edition of The Chronicle.