Valley City  (CSi)  The Valley City Commission met Monday at 7-a.m., to review the first draft of the 2020 City Budget.  Commissioner Erickson was not present.

City Auditor, Avis Richter, presented comments saying the value of a Mill in the 2020 budget is $17,400 and increase of $192 from the 2019 budget.  A decrease in Mills was noted by .11 mills.

She added that this is the first budget increase in the Mill Levy since 2010.

That amounts to and increase in the 2020 budget from 2019 of $18,677.

Projected revenues are $30,000, with appropriations of $100,000.  State revenue sharing is estimated to  increase from $365,000 to $390,000.  She noted local sales tax revenue so far this year has decreased from this time in 2018.

Parking revenues are budgeted from $2,000 to $5,000, with Muncipal Court’ budget increased by $2,000 from the 2019 budget.

City Administrator David Schelkoph said the City Commission next month will be approached to increase speeding fines from $10 to $20.

The Reserve Fund was  increased by $46,000 at $965,000 at 30-percent of the General Fund Budget, required by law.

The property tax increase on a home Valued at $150,000 is $33.56, and on a $500,000 commercial property, $125.  She pointed out that the figure is for the city budget only.

City salaries include a one step increase, and a cost of living increase of 1.3 percent.

On another topic Schelkoph said the city will need to consider an increase in the two and a half percent city sales tax allocation for the Permanent Flood Protection fund, based on the continued rise in the construction costs.

The meeting was shown on 68 Cable Channel with replays.

The next budget meeting is set for 7-a.m. Tuesday at City Hall.