Council approves $23.5 million budget for 18-19

With no objections, either oral or written, during a public hearing this past Monday, the Eagle Grove City Council approved a $23.5 million dollar budget of expenditures for the 2018-19 fiscal year. The document shows projected revenues of just over $22.6 million, with an ending fund balance of nearly $1.9 million. The levy rate for city property is 17.68187 per $1,000 assessed valuation, and 3.00375 for Ag land per $1,000. The largest line item is just over $17.36 million for business type/enterprises (look for a more detailed story on the new budget in an upcoming issue of the Eagle).

In addition to the budget resolution, several other ordinances and resolutions were reviewed and approved at the meeting. The Council reviewed Ordinance 2018-02, which will add a section to City Code on limits of use of storage containers (or Pods) within the city. Resolution 2018-10 set a public hearing for March 19 at 7:05 p.m. to take up that. Ordinance 2018-03 and 2018-04 were reviewed, which will amend existing zoning classifications on certain parcels. A public hearing for that issue was set for the same date at 7:25 p.m. Ordinance document 2018-05 was presented, which amends the Code provisions on minimum floor areas. Resolution 2018-12 set that public hearing for the same date at 7:45 p.m. First readings are scheduled to take place on all of those at that time.

Read the full story in the March 8 edition.