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jfisher@timesrepublican.com T-R PHOTO BY JOE FISHER Councilman Mike Ladehoff serves on his first meeting since winning a special election for the first ward council position last week. The Marshalltown City Council set a public hearing date of March 22 on the budget for fiscal year ending June 30, 2022. The budget will be published in the Times-Republican and the city will hold the hearing before approving it. Finance Director Diana Steiner presented updated budget documents to the council during a meeting on Monday, which reflected actions the council has made in recent weeks. A public hearing was also held on entering into a Sewer Revenue Refunding Loan agreement. The city is paying 2.69 percent interest on a 2015 bond, but Steiner said it could get a rate at 1.5 percent or possibly lower. This could result in $200,000 in savings.

Gary thompsonGabe isomJoe fisherDiana steinerMike ladehoffJessica kinserMarshalltown community development corporationMarshalltown city councilRosemont companies of cedar fallsDirector diana steinerSewer revenue refunding loanSouthridge estatesRosemont companiesCedar fallsTodays newsCity council sets hearing on budget