Wow! It’s hard to believe another year has passed by already. And
it has been a busy one for the city! Today I’d like to do a rundown of
some of the top things the city has accomplished this past year.
To start off, the City Council voted to decrease property taxes by 2
cents this past year. After the budgets were completed for the
2015/2016 budget year, City Council decided that some of the additional
revenues not budged for operations should be returned to the property
owners in the form of a tax cut. The rationale was that this would also
help out homeowners pay for an increase in water rates which also
happened during the same budget cycle.
This past year has
also been a good year for the city’s finances as well. As our community
continues to slowly move out of the recession, financial revenue
projections are surpassed. Other financial moves were made this year to
help improve the city’s financial state. Some Electric Ratepayer Debt
was refinanced this year in order to take advantage of low bond rates.
This refinancing saved Elizabethton Electric ratepayers over $799,000 in
interest payments over the life of the bonds.
Also, the city
applied for multiple different grants this year and were awarded three!
These grants totaled over $417,000. While many of these require the city
match money, many of the projects the grants will be used for are
projects that the city would need to complete at some point in the
future. Rather than city taxpayers paying for the entire amount the
state will be paying for a portion of these projects.
This year
the city also updated and adopted new building code regulations,
property maintenance regulations, and disability accessibility code
regulations. These regulations ensure that buildings are constructed as
they were designed to be and that they were constructed safely for the
resident or occupant of the building. These regulations also help the
city enforce a minimum standard of external appearance of buildings
within the city. The disability accessibility regulations ensure that
facilities constructed in Elizabethton will be accessible to all
citizens regardless of disability.
This past year also brought
the completion of two major projects. The first was the completion of
the Eastside Waterloss project. This project was targeting the dramatic
water loss that we saw in many of Eastside’s old water lines. This was a
large project which utilized various funding mechanisms including
grants. I’m sure many of our citizens in Eastside were glad to see this
project completed! The completion of the Tweetsie Trail was also another
major win for the City and our citizens. You can now ride from Snap-On
to Old Navy in Johnson City along a variety of paths and trails.
Some
other projects this year included the completion of the new Citizen’s
Bank Stadium, the beginning of the EHS Band Room, the implementation of
new library software, and a variety of other projects. As we look to the
new year, what progress would you like to see your city make? Let’s
talk about it!
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