city budget

City debt nearly doubles in 5 years

March 4, 2011 by editor


In the past five years, the City of Bettendorf's debt has nearly doubled, increasing from $57 million in fiscal 2006 to $105 million at of the end of June 2010.

An additional $17.3 million in general obligation bonds are due to be issued in the coming fiscal year beginning July 1.

Recommended budget would boost residential property taxes over 3%

February 9, 2011 by editor

Bettendorf residential property taxes would go up an average of 3.65 percent next year under the 2011/12 budget recommendation being considered by the city council.

While the city administration is recommending keeping the municipal tax rate the same as last year, increased residential property assessments are projected to boost most homeowner tax bills between 3 to 4 percent.

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