Council Agrees To Hold Proposition C To $2M Needed
To Restore Critical Funding For City –

Action called “responsible and accountable” on behalf of citizens

 Kirkwood, Missouri – April 5, 2007 – In response to rising county reassessments, City Council Thursday night agreed to protect Kirkwood taxpayers by limiting the revenues that would be generated by Proposition C. The proposition was placed on the June 5 ballot to provide funds needed for core city services, including police, fire and paramedics.

“Proposition C was designed to generate $2 million of revenue in year one; that's what we need and what we should ask of the citizens of Kirkwood --- no more, no less,” stated Mike Brown, Kirkwood Chief Administrative Officer, noting that his recommendation was based on input from staff and the Citizens Finance Committee.

As a result of Council’s agreement, in August, when tax rates for the coming year are set, Proposition C’s rate would be set lower than 34 cents in order to generate only  $2 million.

“Quite frankly, because of reassessments it's very difficult to make accurate revenue projections at this point. The county won't have real data for us to work with until summer, even though we have requested it,” said Brown.

Noting the urgent needs within the city, Mayor Mike Swoboda stated, “We can take this step now to protect our taxpayers while still adequately funding core city services. This is the responsible, accountable action to take on behalf of the citizens of Kirkwood.”

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