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Council to discuss budget Monday

February 1, 2013
By DAVID ALEXANDER - Staff Writer (dalexander@timesrepublican.com) , Times-Republican

As city officials look forward into 2013, they are ramping up to begin making considerations as to how to spend residents' tax dollars.

The Marshalltown City Council will discuss this year's budget expenditures at the upcoming city council meeting Monday night. At this week's council meeting, the city's finance director presented the council with the yearly debt service.

Randy Wetmore, city administrator, said in fiscal year 2013, there will be a 4 percent increase in Iowa Public Employees' Retirement System (IPERS) for police and fire workers. That $156,000 operational increase is one of the largest the city will incur this fiscal year.

Article Photos

Wetmore

Because of that increase in expenditures, the city does not anticipate adding any new positions in the upcoming year.

Marshalltown sees little economic growth each year, Wetmore said, so planning big expenditures is often difficult.

"We should be able to provide the same level of service we have in years past," he said. "That's always our ultimate goal."

Although not technically part of expenditures, the sale of $5.6 million in bonds for street repairs and a new fire truck also constitute a significant investment for the city, he said.

Wetmore encouraged those who want to get involved in the discussion to attend the weekly city council meetings from 5:30 to 6:30 p.m. in the Council Chambers, 10 W. State St.

Figures for the general fund operations expenditures were unavailable as of press time.

 
 

 

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