Germantown considering more than $12 million in capital improvements
Germantown’s $12 million improvement budget was approved by the financial advisory commission in early April.
There are 10 article(s) tagged Germantown Financial Advisory Commission:
Germantown’s $12 million improvement budget was approved by the financial advisory commission in early April.
Germantown officials are recommending maintaining the city’s current property tax rate, but an increase in the cost of utilities is proposed.
Germantown’s resident-led commission recommended the suburb’s customers not get a water credit after a diesel spill forced residents to reduce the water usage for flushing toilets only.
The city is expecting a 15% increase in its operating costs, but 56% of the spike is related to personnel.
Among the 32 projects in the 2023-24 proposed budget are accessibility improvements at City Hall, a new roof and other upgrades at Germantown Community Theater and a number of school, intersection and road projects.
Germantown is considering raising the stormwater fee for the first time in 11 years to help cover some projects and operating expenses.
Germantown is beginning the annual review of its budget. Increases in the stormwater and utility rates are under review for a possible increase.
Some Germantown residents – outside the suburb’s water system – were affected by the MLGW boil water advisory, leading the suburb to consider accelerating efforts to provide water to all residents.
Germantown's finance commission will review the 2020-21 budget later in the summer. For now, the commission recommends aldermen adopt resolution continue under the current budget.
Germantown's Financial Advisory Commission recommended unanimously Tuesday evening that the city move forward with purchasing Germantown Country Club.
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