{"id":176118,"date":"2019-07-22T10:22:16","date_gmt":"2019-07-22T15:22:16","guid":{"rendered":"http:\/\/csinewsnow.com\/?p=176118"},"modified":"2019-07-22T10:22:16","modified_gmt":"2019-07-22T15:22:16","slug":"valley-city-holds-discussion-2020-budget","status":"publish","type":"post","link":"https:\/\/csinewsnow.com\/?p=176118","title":{"rendered":"Valley City holds discussion, 2020 budget"},"content":{"rendered":"
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\"\"Valley City\u00a0 (CSi)\u00a0 The Valley City Commission met Monday at 7-a.m., to review the first draft of the 2020 City Budget.\u00a0 Commissioner Erickson was not present.<\/p>\n

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.\u00a0 A decrease in Mills was noted by .11 mills.<\/p>\n

She added that this is the first budget increase in the Mill Levy since 2010.<\/p>\n

That amounts to and increase in the 2020 budget from 2019 of $18,677.<\/p>\n

Projected revenues are $30,000, with appropriations of $100,000.\u00a0 State revenue sharing is estimated to \u00a0increase from $365,000 to $390,000.\u00a0 She noted local sales tax revenue so far this year has decreased from this time in 2018.<\/p>\n

Parking revenues are budgeted from $2,000 to $5,000, with Muncipal Court\u2019 budget increased by $2,000 from the 2019 budget.<\/p>\n

City Administrator David Schelkoph said the City Commission next month will be approached to increase speeding fines from $10 to $20.<\/p>\n

The Reserve Fund was \u00a0increased by $46,000 at $965,000 at 30-percent of the General Fund Budget, required by law.<\/p>\n

The property tax increase on a home Valued at $150,000 is $33.56, and on a $500,000 commercial property, $125.\u00a0 She pointed out that the figure is for the city budget only.<\/p>\n

City salaries include a one step increase, and a cost of living increase of 1.3 percent.<\/p>\n

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.<\/p>\n

The meeting was shown on 68 Cable Channel with replays.<\/p>\n

The next budget meeting is set for 7-a.m. Tuesday at City Hall.<\/p>\n

 <\/p>\n

 <\/p>\n<\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Valley City\u00a0 (CSi)\u00a0 The Valley City Commission met Monday at 7-a.m., to review the first draft of the 2020 City Budget.\u00a0 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 […]<\/p>\n","protected":false},"author":3,"featured_media":119135,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25,5],"tags":[],"class_list":["post-176118","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-valley-city"],"_links":{"self":[{"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/176118","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=176118"}],"version-history":[{"count":8,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/176118\/revisions"}],"predecessor-version":[{"id":176126,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/176118\/revisions\/176126"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/media\/119135"}],"wp:attachment":[{"href":"https:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=176118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=176118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=176118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}