Taxes
The 2007-2008 city budget has been adopted and goes into place July 1. While it is a realistic budget and tight, it does allow the city to continue to move toward its goal of a clean, vibrant and active city. There are significant changes in the way we recruit, hire and pay police officers in an effort to reach a fully staffed force. In November the city will make the last payment on the bonds for the conference center and parking deck which will lead to a decision of whether we continue in that business or sell the facilities. The money we collect from the hotel-motel tax goes toward that debt and when the bonds are paid we will install a tourism board so that we can legally continue to collect the tax. The funds will then be used for maintenance and upkeep. There are funds for a marketing study to look for ways that we can support our existing businesses and restaurants. In these tough times we must continue to look for ways to help our local economy. There are some other key items in this year’s budget which I will address later. As tight as this budget is, it continues to put pressure on us financially through property tax. We continue to look for ways to lower our property taxes and one way to help keeps popping up - Annexation. It is obvious and will make a significant difference in all of our property tax bills. More later. I know I haven’t written much lately but that will improve. Thanks for your interest and patience.
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