The Ketchum City Council’s regular meeting will have a heavy fiscal feel next week, as it is scheduled to conduct a second reading of next year’s budget and take a first look at ballot language for a bond to build a new fire station.
The council will take up both questions Monday starting at 4 p.m. at City Hall.
On July 15, the council agreed to an initial draft of a $24.9 million spending plan, though debate and decisions didn’t end with the first pass. The budget requires three readings before taking effect on Oct. 1.
In May, the council passed a resolution to put a bond before voters this November to fund a new fire station. Now, with an $11.5 million estimate for the project in hand, the council will consider exactly how to ask that question. At that amount, the bond would add about $21.52 in additional annual taxes per $100,000 of assessed property value, according to a memo prepared by city staff.
To view the full agenda with links to full documentation, click here.