Page 2 - Gloria Osborn News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The Galesburg City Council is going through their annual fall into winter tradition of finalizing next year's spending plan. The Council has until December to finalize the FY22 budget. City Manager Todd Thompson says even though the budget is thought of as a single document it's really a series of budgets for different departments and programs. He says the past two budgeting years were unusual, but 2020 and '21 saw better revenues than expected. Administration is recommending a 2.5 percent increase in the property tax levy or about $190,000 more than last year. That increase amounts to about $9 more paid for $50,000 in property value. There's been about a 4 percent increase in full-time employee costs. Thompson says City HR staff is going to work with police and fire departments to try to reduce overtime. Finance Director Gloria Osborn says there's no estimate yet on the increase in Equalized Assessed Value of properties. The City Manager has promised to put th ....

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