Most city of Edgerton departments will spend less money in 2015 than they will in 2014, Beth Linn, city administrator, told members of the city council on Aug. 14.
Council members approved a 2015 budget that maintains the current mill levy of 36.922 mills.
For the owner of a $105,000 Edgerton home, the tax rate translates into an annual tax bill of approximately $446. Though the tax rate is holding steady, the mean value of an Edgerton home has increased. In 2013, the mean value of an Edgerton home was $100,815, and the owner of such a home paid approximately $428 in property taxes to the city in 2014. The mean value of an Edgerton home increased to $105,000 this year.
Linn said in addition to a flat tax rate, Edgerton residents will also see flat water and wastewater rates next year.
Most departments will spend less money in 2015, but public works will spend more money next year.
Municipal budgets must be submitted to the county no later than Aug. 25. The budget Edgerton submitted proposes 2015 expenditures of $1.9 million and revenues of $2.2 million.
The 2015 budget is slightly higher than the 2014 estimated budget. Officials estimate they will spend approximately $30,000 more in 2015 than they will in 2014.
Linn said the city was able to maintain existing tax rates in part due to additional properties annexed into the city of Edgerton over the last year, and due to projected increases in sales tax and franchise fee revenues.
Linn reminded the council that taxes and development fees at the Logistics Park of Kansas City has to be used for developing that specific project. City officials had anticipated some heavy haul trucking revenue in 2014, but the city and state have yet to set regulations and fees for the usage of Edgerton roads for heavy haul.
“In 2014, we thought we’d have some heavy haul revenues,” Linn said. “That’s obviously not happening yet.”
In other business, Edgerton city council members:
• approved the purchase of a new tandem axel truck;
• annexed a parcel of land located near the Homestead Lane interchange at Interstate 35 into the city;
• and moved the dates of Edgerton Municipal Court from the third Tuesday of each month to the fourth Tuesday of each month.
City adopts budget with flat mill, rates