Council to examine 2020 fiscal possibilities - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
June 23, 2019 Newswires
Share
Share
Post
Email

Council to examine 2020 fiscal possibilities

Bemidji Pioneer (MN)

Jun. 23--BEMIDJI -- A 4.6 percent increase in Bemidji's property tax levy could be on the table in 2020.

However, there are several variables still at play, and that increase could be less.

On Monday, the City Council will get a full briefing on what to expect in the 2020 budgeting process during a financial management work session.

According to documents, the city could see a revenue increase of $405,426 and expenses amounting to $713,588.

If those estimates were to hold, the total budget increase would come to $308,162, resulting in a rise in the levy of 5.3 percent. However, when accounting for new construction values, the estimated levy increase comes to 4.6 percent.

Increases in personnel costs, reflective of union contracts previously approved by the council, reflect one of the largest adjustments to accommodate in a potential budget, coming to $610,888. These costs also include the hiring of an additional street department employee and the new community development director position.

Where the levy increase could fluctuate rather substantially is in the Bemidji Police Department. Documents show the agency is seeking renewal for an $80,000 grant for auto theft prevention and a $66,750 grant for the state's Toward Zero Death program.

If both grants are renewed, the 2020 levy increase would be 2.5 percent less. However, the city will need to prepare if they grants aren't awarded.

Another matter to be discussed Monday is financial planning for the city's expansion and its many buildings. In documents, City Finance Director Ron Eischens noted that an estimated $33,600 would be needed to establish a new facilities manager position at $33,600, to provide general maintenance for the city's various buildings.

Additionally, in consideration for the city's annexation of Northern Township land, potential budget requests in 2020 include a motor grader, with the potential of a new police officer coming in 2021, too.

Other expenses factoring into the budgeting process include about $15,000 as part of a new agreement with Northern Township for Joint Planning Board funding, $10,000 in operating costs at the Carnegie Library once it's finished and an estimated $8,000 to operate Minnesota's Presidential Primary.

On the other side of the discussion, the city will see an increase in revenue of $161,426 as a result of the Legislature increasing Local Government Aid. Additionally, the city is expected to see an increase in utility and cable fees with annexation, along with a rise in street maintenance dollars from the state.

___

(c)2019 The Bemidji Pioneer (Bemidji, Minn.)

Visit The Bemidji Pioneer (Bemidji, Minn.) at www.bemidjipioneer.com

Distributed by Tribune Content Agency, LLC.

Older

Liability claims cost Santa Fe millions to settle

Newer

‘I don’t really know her’: Why Kirsten Gillibrand’s campaign is stuck at 0.3%

Advisor News

  • How advisors can prepare clients for an uncertain retirement landscape
  • Investors aren’t waiting out uncertainty
  • Transamerica and Advo(k)ate Advisors launch pooled employer plan
  • ‘I wish I’d met him sooner:’ Karlan Tucker remembered for integrity, faith
  • Why women must be more engaged in investing
More Advisor News

Annuity News

  • Jackson Financial CEO caps 40-year career with blockbuster Q2
  • Lumos Insurance introduces the Immediate Care Plan to help families fund long-term care
  • NAIC regulators begin consensus phase on annuity illustration overhaul
  • AM Best Revises Outlooks to Negative for Subsidiaries of Group 1001 Insurance Holdings, LLC
  • Market-value adjusted annuities: Key considerations for advisors
More Annuity News

Health/Employee Benefits News

  • New York state made $21.6M in improper Medicaid payments
  • Enough of the blame game
  • Why Hybrid Healthcare Is a Business Imperative for Employers in Colorado
  • Abbott seeks leaner, cheaper health plans
  • AGD SUPPORTS TWO FEDERAL BILLS TO STRENGTHEN DENTAL COVERAGE
More Health/Employee Benefits News

Life Insurance News

  • Don't keep checks with clerical errors
  • The insurance distributor that builds its own software will win the next decade
  • iA Financial Group Reports Second Quarter Results
  • Supporting small businesses starts with smarter benefits conversations
  • Judge again tosses Penn Mutual whole life lawsuit alleging tax scam
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Royal Neighbors Unveils Its 2026 Scholarship Recipients 2026 Royal Neighbors Scholars Making a Difference Across the Country
  • Ibexis Announces Expanded Bank Relationships and New Index Options for FIA Plus® and WealthDefender® Series
  • Agent Review Launches Video AI Identity Verification to Help Protect Insurance Professionals, Consumers and Public Trust
  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet