The Carroll City Council will begin the process of retooling its Fiscal Year (FY) 2024 budget at their meeting Monday following approval of legislation that will correct an error in the state’s property rollback calculations. Earlier this week, Gov. Kim Reynolds signed Senate File 181, which reduces the taxable valuation for residential properties from 56.49 percent to 54.65 percent. Early estimates show the city will lose around $200,000 in revenues due to the change, and Interim City Manager Jeff Cayler says the council needs to determine how they will make up that shortfall.
SF 181 extends the deadline for cities, counties, and school districts to submit their FY24 budgets to the Iowa Department of Management to April 30. The extension provides an additional 30 days for budget changes, giving local governments about 60 days to correct budgets that are often months in the making. Cayler says they have several options moving forward.
The removal of the yellow and red signs in Carroll’s central business district also returns to the agenda on Monday. At the council’s Feb. 13 meeting, community members brought a request to city officials to have the signs removed due to their age and appearance, but the council postponed their decision until they could hear from the public and affected business owners.
Feedback can be sent to Cayler directly at jcayler@cityofcarroll.com or the Carroll Chamber of Commerce at 712-792-4383 or chamber@carrolliowa.com. Other items on the Monday, Feb. 27 agenda include the public hearing for a rezoning request for a property northeast of Carroll that falls within the city council’s control and an engagement letter with Court Street, LLC for an expanded tax abatement schedule in the central part of the city. Monday’s meeting begins at 5:30 p.m. at Carroll City Hall. It will also be live-streamed via the city’s YouTube channel. The full agenda and details on how to attend remotely are included below.
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