Bettendorf Budget Public Hearing
The Bettendorf city council will hold the first of two public hearings Tuesday night on the proposed budget for next year.
Finance Director Jason Schadt says the 119 million dollar budget would be nearly the same as this year's, except for some new hiring.
"The FY21-22 budget adds three police officers, so we're really happy to be able to work that in without a property tax levy increase. This is three new positions."
Schadt says the pandemic did not hurt this year's budget as much as they'd expected, but it did reduce revenue for amenities in the city such as the fitness center, Splash Landing waterpark, and the Family Museum. But he believes their finances will recover in the coming year.
The proposed property tax rate in Bettendorf is the same as this year, $12.80 per $1,000 of property value, but payments will go up thanks to a change in the state rollback.
"An average home in Bettendorf is right around $250,000, and that home would pay about $42 more in taxes next year than they are in the current year."
Following Tuesday night's public hearing, a second public hearing will be held in two weeks ( 3/16 ) along with final approval. The budget must be submitted to the state by March 31st.