Bemidji City Council; Final levy, 2010 budget to be adopted
The Bemidji City Council is set to adopt the final tax levy and budget for 2010.
The council is expected to approve both during its regular meeting that begins at 7 p.m. Monday at City Hall.
First, however, the council will meet in a special budget-focused work session at 6 p.m. at City Hall.
The council has been working toward preliminary levy increase of 19.9 percent or $613,000. The tax rate, if the preliminary levy is adopted, would increase from 35.9 to 41.2.
However, those amounts could change, if the council wants to adjust them. The preliminary levy may be lowered, but cannot be raised.
The preliminary levy increase is planned to recapture revenues lost through Local Government Aid cuts in 2008 and 2009.
The overall city budget is increasing $21.5 million due, primarily, to bonding and construction related to the development of the 140-acre south shore, which includes the Bemidji Regional Event Center.
The council also will discuss the five-year Capital Improvement Plan, which outlines expected expenditures for improvements and equipment purchases.