Taxable valuations have remained regular for the Metropolis of New Hampton as they put together for 2023-34 Fiscal 12 months budgeting course of.
That’s Mayor Bobby Schwickerath, who says, whereas stability is sweet, it additionally creates a problem to giving raises to Metropolis staff, which is important to retaining good individuals.
Schwickerath says the Metropolis obtained their taxable valuations earlier than typical, with the numbers coming in earlier than Christmas.
He provides that the Metropolis and division budgets for the brand new fiscal yr beginning July 1st, primarily based on their taxable valuations, needs to be accomplished by the tip of this month.
