The Combined Lake Delhi Recreational Facility and Water Quality District

Thursday, March 1, 2018

6:30 pm

Lake Delhi Trustees Administration Building

Delhi, IA

The combined regular and special meeting of the Combined Lake Delhi Recreational Facility and Water Quality District was called to order by President Steve Leonard at 6:30 pm.

Trustees present: Leonard, Kramer, (Havertape & Gifford by phone)

Trustees absent: Burger, Herman, Staebell

Visitors: None

Motion to approve the meeting agenda as read made by Havertape, seconded by Gifford. Motion carried.

The public hearing for the FY 2018/2019 budget was opened at 6:32 pm. Kramer presented a budget listing estimated expenditures and revenue sources for fiscal year 2018/2019. This includes a proposed taxation rate of $4.00 for the General Fund and 5.79439% for Debt Service. It was noted that the Debt Service taxation rate went from 7.13909 to 5.79439 due to increased valuations.  Kramer also noted that the property tax revenue will increase from $265,212 to $326,219 due to increase property valuations.

With no visitors there was no public comment.

Motion to close the public hearing was made by Kramer, seconded by Havertape. Motion carried. The public hearing closed at 6:33 pm.

Motion to adopt and file the FY 2018/2019 budget as presented by Kramer was made by Gifford, seconded by Havertape. Motion carried.

Havertape motioned to adjourn, Kramer seconded. Motion carried. The meeting was adjourned at 6:35 pm.