The City of Marshfield has released the proposed 2019 City budget, which will be presented and discussed at the Council’s first budget meeting on Monday, October 22nd at 5:30 p.m. in the Council Chambers of City Hall Plaza (now referred to as the old City Hall).
“This was a very challenging budget to prepare, given the sizable reduction (approximately $94,000) in state transportation aid, and the loss of almost $5,000,000 in assessed value (outside of TIF districts, which increased significantly), due to new state legislation that greatly increased exemptions for personal property,” said City Administrator Steve Barg in the release. “The proposed budget includes a 2.74% increase in general fund expenses, and a 1.99% increase in the City’s tax rate (to $9.38 per $1000 of assessed value).”
[Last year, OnFocus learned how the City budget process works. Click here to read more.]“Please know that all efforts were made to find cost reductions where possible, while striving to maintain the high quality programs/services that our citizens expect,” said Barg in a letter to Council.
This is a developing story. OnFocus will be taking a closer look at the City budget and what it means for citizens. Residents are encouraged to contact their alderman with questions or concerns.
