Sheldon’s Proposed City Budget Features Many Projects and Lower Tax Levy
Date posted - January 31, 2013
Sheldon, Iowa — The City of Sheldon’s proposed budget for the coming fiscal year is filled with many fairly large projects, but the tax levy for 2013/14 will actually be lower. The levy for the current fiscal year is 12.86686 but the next fiscal year that will drop to 12.70082.
Some of the major projects include the infrastructure for the Trilogy development in the Fieldcrest area and the Sheldon Crossing Residential Development. The city and state Department of Transportation are planning on improvements of Highway 18 from Country Club Road to the expressway, and a complete overlay of the highway beginning at the junction of Highway 18 and Business 60. Another project will be the rebuilding of Country Club Road from Highway 18 to Ninth Street as well as improvements to Ninth Street in that area. And the city plans to spend about one hundred thousand dollars on blacktop overlay on several streets.
New bleachers are to be installed at the Sheldon City Park to replace the existing wooden bleachers. The cost will be about fifty thousand dollars.
At their budget workshop the council also addressed several requests for funding. In response to their requests, RIDES Transportation will receive ten thousand dollars, and Children’s World will receive one hundred thousand dollars to be paid over a three-year period. The city will look into the possibility of getting part of that funding from the Hotel-Motel tax proceeds, which is administered by the Marketing Committee. There are some limits to the type of projects this money can fund.
And, the council agreed that it’s important for the city to proceed with plans for drilling a new deep well. We’ll have more details on this project and concerns about the city’s water supply on a later newscast.
At their next regular meeting the Council is expected to set a date and time for a public hearing on the budget.
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