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, Dec. 8, the 342nd day of 2013. There are 23 days left in the year. 1863 -- 150 years ago: For the whole of last week we have been favored with the most delightful Indian summer weather, and mercury ranging from 40 to 65 above zero. The river is entirely clear of ice and looks as mild and soft as summer. 1888 -- 125 years ago: Albert Johnson was appointed a deputy in the circuit clerk's office. 1913 -- 100 years ago: 800 or more tons of earth in six landslides covered 38th Street for a distance of 200 feet near 7th Avenue and destroyed much property. 1938 -- 75 years ago: One of the 350-foot towers, which with a new transmitter will increase the power of WHBF to 1,000 watts day and night, has been completed on a 20-acre tract at 23rd Avenue and 51st Street, Moline. 1963 -- 50 years ago: In cooperation with The Associated Press, The Argus presents to its readers a complete, beginning-to-end account of one of the most tragic and dreadful chapters in American history, the assassination of President Kennedy, available in book form, and now in preparation. The book is entitled "The Torch is Passed." 1988 -- 25 years ago: Deere & Co. stockholders received good news of a boost in their quarterly dividends from 20 to 30 cents per share of common stock. The dividend, made to stockholders of record on Dec. 30, will be payable on Feb. 1, 1989.