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Davenport Financial Condition "Stable and Strong"

With more than two months to go before the deadline, Davenport is preparing to take the final steps to approve next year's budget. Two workshops with the city council were held last week, and a public hearing is set for February 1st.

Chief Financial Officer and Assistant City Administrator, Mallory Merritt, says the proposed budget is balanced, and there'll be no change in the property tax rate which has been at the current level since 2013.

"So I would say it's kind of a combination of great policies and guidance from our city council, and conservative budgeting and conservative financial management at the staff level."

She says the budget also includes what she calls a significant investment in streets and sewers.

"We've heard from our community through our community survey that that continues to be of great interest to our residents. So our city council and staff continue to look for creative and innovative ways to fund more and more of those type of infrastructure projects."

Final approval is set for late March, just in time to submit it to the state before the deadline of March 31st.

A native of Detroit, Herb Trix began his radio career as a country-western disc jockey in Roswell, New Mexico (“KRSY, your superkicker in the Pecos Valley”), in 1978. After a stint at an oldies station in Topeka, Kansas (imagine getting paid to play “Louie Louie” and “Great Balls of Fire”), he wormed his way into news, first in Topeka, and then in Freeport Illinois.