Some of the most involved work at Fairway city hall on Monday evening came not during the city council meeting, but during the finance committee meeting that convened earlier. Finance committee chair Melanie Hepperly led the council and members of the governing body in a line by line examination of the city budget as they come closer to their deadline for submitting a completed budget to the county. The committee also heard from a representative of George K. Baum and Co. about what would need to be done to refinance the city’s GO bonds. If the bonds were refinanced, the city would need need to raise the property tax levy to 20 mills instead of the 22 mills that would be needed if the refinancing did not occur. The city is facing a $500,000 budget shortfall for 2011.
Parks and Recreation director Nathan Nogelmeier announced that the city would be discontinuing its participation in the EasyRide program at the end of 2010 due to low ridership.