COLONA -- Alderman voted 5-0 to increase the city's property tax levy for this year's property taxes payable next year by 20 percent to $441,762.
The increase means the owner of a $100,000 home would pay about $40 more in the city portion of his property taxes.The increase will prompt a truth-in-taxation hearing at 5:30 p.m. Dec. 10 at city hall.
Aldermen Mike King and Mary Carlson were absent for Monday's meeting.
Budget director Lories Graham offered options of increasing taxes by 10 percent to 30 percent, noting the increases wouldn't provide all the money needed by the city's budget.The city's equalized assessed valuation has fallen due to lower home values, generating less tax money, she said.
The police pension funding likely will be $40,000 short with the city going from two retirees to four, she said. Overall, the city could be $150,000 short without any "tweaking," she said, noting Mayor Danny McDaniel able to trim the shortfall to about $120,000.
"There is a dilemma every year making ends meet in various departments with the general fund," she said."We're still going to have a tough go coming up with this money.Part of the problem is the state is not paying us."
The council on Monday also:
-- Approved Shive Hattery's agreement for a $24,200 preliminary civil engineering bid to improve the sewer crossing over the canal at Third Street. The culvert runs 450 feet to connect with Greenway Avenue.
-- Directed Mayor Danny McDaniel to appoint a successor to fill the term of Ald. Clinton Sullivan, who has left Colona.
-- Noted a judge has ruled Colona must issue a building permit to Charlie Phillips for 218 2nd St., but the city can have its building inspector visit to ensure he has a licensed contractor do 80 percent of the work.
-- Learned the mayor presented a medallion from the city to WWII veteran Phillip Clong for his service.
-- Named the former Church of God at 617 8th St. the Colona Activity Center.
Today is Sunday, Aug. 31, the 243rd day of 2014. There are 122 days left in the year.
1864 -- 150 years ago: The Chicago and Rock Island Railroad will carry all who wish to attend the Chicago convention for half fare — that is, full fare to Chicago and return free. 1889 -- 125 years ago: Hardy Hetter, for several years yardmaster in the Burlington Railroad yards in Rock Island and Moline, was transferred to Beardstown. He was succeeded here by J.E. Albrecht. 1914 -- 100 years ago: Corn was estimated at 50 percent of the normal crop in Rock Island County by Crop Correspondent Thomas Campbell. 1939 -- 75 years ago: Robert Carroll, 12-year-old son of Mr. and Mrs. Farr Carroll, of near Aledo, won the grand championship of the Mercer County baby beef show with "Fat Stuff." 1964 -- 50 years ago: About 250 persons attended the first in a series of horse shows at the Hillandale Stables off Knoxville Road near Milan on Saturday afternoon and evening. 1989 -- 25 years ago: Ground was broken this morning for the $4.5 million Rock Valley Business Park near Rock Valley Plaza, Rock Island. The first building is 17,000 square feet for offices and a warehouse and should be completed by Dec. 1.