CITY COUNCIL TO HOLD PUBLIC HEARING

May 05, 2017

CITY COUNCIL TO HOLD PUBLIC HEARING

The Rockford City Council will hold the first of two public hearings on May 8, 2017 at 7:00 pm to set the budget for the upcoming 2017/2018 fiscal year.  This year will be the first budget to include the infrastructure recommendations provided by the city engineering firms.

For the past two years studies have been conducted of the city water and sewer pipes along with the major and local streets.  A 10 year plan to address the aging infrastructure was presented to the city council at three different work sessions earlier this year.  City staff has recommended a plan that blends annual funding along with long term bonding to accomplish the goals of the 10 year plan.  In order to fund the plan an increase in the current property tax millage is anticipated.  The current 10.9 mills levied on city property owners are expected to rise to 12.9 mills.  Because of the rise in the millage rate an additional public hearing will take place on May 22, 2017 at 7:00 pm when a more detailed explanation of the 2017/2018 budget will occur.

City staff has responded to the infrastructure studies completed with a conservative approach for the funding.  It is within the statutory authority provided by the City Charter for the City Council to set the property tax rate necessary to fund the budget each year.