At the heart of Monday’s meeting with the Nome Joint Utility and City Council was a question: can NJUS use part of the $2.2 million credit line from the city to pay for fuel?
After weeks of budget work sessions, the Nome Joint Utility has finally approved its financial plan for the new year.
Focused on city and utility employee contracts, the Nome City Council’s proposal to collect property tax on aircraft died on the table after failing to get sufficient votes.
The city’s top priority is continuing with ongoing water and sewer upgrades, but even modest projects are uncertain in the face of a potential $3 billion deficit due to falling oil prices.
Public outcry saw the council allow two contentious tax proposals die without consideration, but an idea to assess property tax on aircraft moved closer to a final vote.
The City Council and the Nome Joint Utility grappled with the details of a $2.2 million line of credit at a special session Friday, Nov. 14.
Removing the sales tax exemptions from local churches and nonprofits could bring in up to $300,000 a year, city finance officials say.
An emergency work session of the Nome Joint Utility Board was called to order last week, to discuss the utility’s finances. It would appear NJUS has a cash flow problem.
The council moved forward on issues related to realignment of the Center Creek Road and formal opposition to future liquor licenses, but heads butted on the upcoming marijuana initiative.
Technicians, already scheduled to visit Nome from the Netherlands for routine maintenance on the turbines, should be able to repair the faulty unit to working order.