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home : news : news Wednesday, May 25, 2016

3/12/2014 Email this articlePrint this article 
Low Moor tax rate to fall 3 cents

By Jeremy Huss
Staff writer

Low Moor property taxes will fall slightly in fiscal year 2015, but the city will eat into its unspent balance for a major road repair project under a budget proposal approved by the city council March 4.

The budget sets a property tax levy of $7.67 per $1,000 valuation, a decrease of three cents, which will generate $50,370 in property taxes. The budget estimates additional revenue of $66,600 in fees and services and other miscellaneous income for total revenue of $140,377.

Expenditures are estimated at $380,250, which will reduce the city's unspent balance from $418,542 to $178,669.

Public works makes up the largest portion of expenses and includes $170,000 for street repairs on 3rd Avenue, $10,000 for street lighting and $5,000 for traffic control and safety.

Expenses of $106,000 are estimated for landfill fees and water and sewer utilities.

Other notable expenses include $5,000 to the Low Moor Fire Department, $5,000 for parks and recreation, $750 for the YWCA domestic violence program and $750 for Habitat for Humanity.

Other business

In other business:

•The council authorized water and wastewater superintendent Mark Roode to inquire with Clinton city officials regarding an offer to draw up specifications for improvements to 3rd Avenue. Roode said the road has been deteriorating for years, and council members are concerned increased truck traffic at the Lincolnway Railport will cause additional damage.

•Roode reported Bodine Services was contracted to vacuum water from 1st Avenue Feb. 21. A clogged storm drain and other factors caused melted snow to collect in a deep pool on the street and the water had to be removed before cold weather returned and it froze, Roode said.

•Agreed to solicit bids for mowing of city parks for April through October.

•Tabled action on acquiring a credit card in the city's name.

•Approved a motion authorizing mayor Tom Goldensoph to enter into a lease for the Low Moor Community Center at a rate of $1 per year. The city also pays for the insurance on the property since council meetings were relocated to the facility in 2012

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