budget deficit

Facing a projected $912,000 budget deficit in coming year, Bettendorf officials recommend 10% increase in residential property taxes

Calling it a "perfect storm" that created a $912,000 projected budget shortfall, Bettendorf city officials are recommending the council hike property taxes 10 percent in the coming year, plus increase stormwater fees 8.5 percent, sewer fees 7 percent and solid waste fees 5 percent.

The increase in property tax would mean the average resident with a home assessed at $215,000 would pay approximately $147 more annually. The higher sewer, stormwater and solid waste fees for an average user of those services would see an approximate annual increase of $31.

Bettendorf officials scramble to plug $1.3 million budget shortfall; early retirement incentives, property tax increase under consideration

A projected $1.3-million budget shortfall has Bettendorf city officials scrambling to offer an early retirement incentive to employees and seeking council support for a property tax increase for the coming fiscal year.

City Administrator Decker Ploehn and Mayor Bob Gallagher called a special work session of the city council Monday (1/29) to outline the proposed early retirement program and the need for higher taxes to offset the incentives over the short term.

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