The Spearfish City Council is set for the first reading of its 2018 budget proposal on Tuesday, September 5th. The budget proposed will have an overall decrease of 1.8 percent from last year’s 2017 budget proposal and sees an increase in taxes and utility rates reports the Black Hills Pioneer.
Residents will be expected to pay an increase in utilities and property taxes to meet expenditures for the coming year. The mill levy will increase 0.0031 giving the city $2.825 per $1,000 for its main operating fund, which is mostly financed through property taxes.
Many organization will see an increase in funding, however. City employees will receive a two percent step increase and a one percent cost of living increase. A 1.4 percent increase will benefit organizations such as the Western Hills Humane Society, Artemis House, and the Retired Senior Volunteer Program. The City’s Hospitality Fund will increase 1.2 percent to help fund historic preservation, Special Olympics South Dakota, High Plains Western Heritage Center, and Matthews Opera House. The biggest cut however comes from the Visit Spearfish organization which is appropriated $175,000, a cut of 12.5 percent.
The City of Spearfish’s Capital Improvement Plan consists of $4,084,751 which will include money for new snow removal equipment, road improvement, as well as funds to purchase the former McLaughlin Sawmill.
The full reading will be held Tuesday night. The complete budget proposal will be available at the city finance office. To learn more about the 2018 budget discussions, explore Spearfish City Council minutes. Visit the Black Hills Knowledge Network’s community profile to learn more about Spearfish.