Serving Lincoln County for more than a century!
DAVENPORT — City council adopted the balanced 2024 budget after a public hearing at its regular meeting Wednesday, Nov. 22.
The city is budgeting for $8,542,208 in resources and $7,444,975 in expenditures, which would leave the city $1,097,233 in the black.
Predicted expenditures include:
$1,657,475 to current expense
$80,000 to employment reserves
$105,000 to park reserves
$1,000 to swimming pool reserves
$46,500 to the library
$182,300 to the cemetery
$777,850 to streets
$500 to vandalism rewards
$75,000 to street equipment reserves
$1,060,000 to airport capital improvements
$90,000 to fire equipment reserves
$26,000 to cemetery reserves
$345,000 to general capital improvements
$60,500 to tourism
$162,700 to the airport
$57,750 to park bond reserves
$584,700 to water
$623,000 to sewers
$614,700 to garbage
$100,000 to sewer equipment reserves
$280,000 to water capital improvements
$515,000 to sewer capital improvements
The adopted budget includes a 4% base wage increase for city employees. The annual salary for full-time employees is $109,237.19 for the city administrator, $87,613 for the clerk/treasurer, $66,973.05 for the deputy clerk/treasurer, $66,973.05 for the assistant maintenance superintendent and $61,296.52 for city crew members.
The mayor will be paid $675 per meeting, while councilmembers make $160 per meeting.
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