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PUBLIC MEETING

Posted by: In: Blog 25 Aug 2015 Comments: 0

The Golinda City Council has called a public meeting to be held on Tuesday, September 8 at 7:00 p.m. to discuss our town’s current and future financial goals.

As you all know, Golinda does not, at this time, levy any property taxes on our citizens. We have always relied on sales tax revenues from our local businesses. The sales tax revenues averaged around $8,000.00 monthly, however, in the last quarter of 2014 our revenues fell to an average of $800.00 per month and continues to be within that range. The city expenditures average $6,000.00 per month with some months as high as $18,000.00 or a low as $3,000.00. Of course, this depends on how much work is done on our streets and in cleaning up our roadways. As you can see, city services will have to be cut dramatically if we continue to have these shortfalls. Our base expenses, salary for the city secretary, electric bill, phone bill and park maintenance runs around $1,500.00 per month. Add to these the costs of association memberships, training and supplies and we currently operate at least $1,000.00 in the red. This is if we do not provide any type of services whatsoever. Of course, at this rate it is inevitable that we, at some point in time, go completely broke.

We have called this meeting in hopes of getting a large turnout so as to discuss our current situation and how and what may be done to improve our financial condition. There are several things that we will discuss. Among these will be the possibility of assessing a city tax. As a General Law city we can, if approved by our citizens, levy up to a 1.5% city tax. This would be based on current appraisals. We will discuss staying the course by providing minimum services, as has been done in the past, and staying afloat with the aid of fund raisers and help from our citizens. We will discuss abolishing our corporate existence (this requires a petition and an election) thereby opening up the possibility of annexation by one of our neighbors. If this is the route chosen, we would then become dependent on Falls county to provide our services. As we all know, Falls county is not in the best of financial circumstances themselves.

As you can see, there is a lot to discuss and thrash over. I look forward to seeing all of you at this meeting. Everyone is invited and all ideas will be welcomed.

Doyle Parks – Mayor

 

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