Thursday, Apr 24, 2014
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Recent Comments

dukeofquincy - QHS now looking for Boys and Girls Basketball coaches - Quincy, IL News - QuincyJournal.com
Lauded for his efforts? He was a full-time firefighter who attended half the practices and ran a very unorganized program. Several key players quit during his tenure as coach. Those were some of his problems.
HuhWhy - City/Firefighters labor contract must be voted on again - Quincy, IL News - QuincyJournal.com
So when this is brought back up before the city council, since it did not pass before, does it need a super-majority to pass? I wonder what the rules are on this procedurally?
cjohnfall - City/Firefighters labor contract must be voted on again - Quincy, IL News - QuincyJournal.com
so, urkidswillpay, to what do you refer.? are there activities of the mayor of which we should be advised!
yesqcy - City/Firefighters labor contract must be voted on again - Quincy, IL News - QuincyJournal.com
As should be. I don't see it being the end if the world, just put off a week. Little egg on the face, but, when doesn't that happen from time to time.
qfingers - City/Firefighters labor contract must be voted on again - Quincy, IL News - QuincyJournal.com
Reluctant to say the emperor wears no clothes perhaps? You would think the more experienced aldermen would have caught this. This is so infrequent though doesn't surprise me that nobody noticed at first.

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City/Firefighters labor contract must be voted on again

City of Quincy to consider levy increase

City of Quincy to consider levy increase

4 months, 2 weeks ago by Bob Gough

City looks at 6.8 percent increase to help pay for pensions

The Quincy City Council has approved holding a Truth in Taxation hearing in order to consider a property tax levy increase of more than 5 percent.

The Finance Committee discussed the matter in detail in the meeting that preceded the Council meeting and the Council took action. The hearing will be held on December 16.

The City’s administration provided the Committee with three alternatives on the levy and increases needed to accommodate funding increases needed in Police and Fire pensions: $2.072 million for Fire pensions and $1.397 million for Police pensions, according to the Illinois Department of Insurance.

One alternative would raise the levy by nearly 7 percent to more than $6 million. The increase would mean a $67.71 increase to an owner of a $100,000 home. This would cover the increases needed to cover the Police and Fire pension funds.

Another would raise the levy by 3 percent to $5.8 million. The increase would mean an increase of $29.86 to an owner of a $100,000 home. $215,000 would be needed from the general fund to cover the pension increases.

The third option keeps a flat levy of $5.65 million. $500,000 would be needed to cover the pension increases. Mayor Kyle Moore says this option will lead to severe cuts in other City departments and “everything is on the table.”

Finance Committee Chairman Mike Farha (R-4th Ward) noted several times throughout the meeting on how quiet everyone was as aldermen and other city officials begin to realize the scope of the City’s financial difficulties.

While the City is looking at preliminary figures that show $1.1 million cash balance at the end of next year, projections for five years down the road show the City with deficits growing to the point where the City would end 2019 with a year-end cash balance in the range of negative $30 million.


From the Newsroom

Bob Gough on Twitter

Bob Gough 7 minutes ago

RT @1Hodge2B: Culver-Stockton is more than a higher learning institution. It is a family. Today we just lost a family member. #RIPAnton #Wi…
Bob Gough on Twitter

Bob Gough 1 hour, 1 minute ago

@BBQmasterqcy @AndrewSmithh84 Somebody's gotta step up and defend Kane and Oshie needs to start shooting. #LGB
Bob Gough on Twitter

Bob Gough 1 hour, 2 minutes ago

@ChrisDuerr For this season? Ouch.
Bob Gough on Twitter

Bob Gough 1 hour, 10 minutes ago

@NOTMayorSpring My youngest son is taking karate. Shall I ask his Sensei if you can make a guest appearance?