[Audio] Pine City Adopts Budget and Levy, 4-1 Vote
The Pine City Council officially adopted the 2009 levy and budget, Wednesday, at a special city council meeting at city hall. The city’s tax levy increased 6.11-percent. City administrator Don Howard says the city came within $1,000 of the maximum allowable levy. The total levy is $1,020,551.
The budget is down from a year ago, but taxes are up. Howards says this is because the city is bringing in fewer revenues, and more responsibility now falls on the tax payer.
Hear Howard’s Comments:
Both the levy and budget received approval with a 4-1 vote. Councilman Mark Nisley, who will be replaced on the council next month by Paul Janssen, cautioned the council on approving a budget while they consider a potential purchase of the old Pine County courthouse.
Howard says there is $100,000 in emergency capitol funds, which could potentially be used to purchase the courthouse. Pine County made an offer to the city to sell the facility for $50,000 earlier this month. The city must make a decision by January 31st.
General Fund $701,190.00
Capitol Improvement $100,000.00
Debt Service Fund $178,073.00
Total Levy $1,020,551.00
Debt Service $178,073.00