To fund the next phase of these projects, the proposed budget calls for the issue of $16.5 million in bonds. This issuance represents most of the increase in the proposed tax rate for the upcoming year.
In 2021 voters approved a series of road upgrades and other projects to improve city services. To fund the next phase of these projects, the proposed budget calls for the issue of $16.5 million in bonds. This issuance represents most of the increase in the proposed tax rate for the upcoming year. If approved, the budget calls for beginning three bond projects. Asphalt replacement will begin on Sleepy Hollow, Balsam, and Willenberg. A new street and drainage project will begin on Moss, Chestnut, Wisteria, and Palm while throughout the city crews will be replacing street panels.