The Nome City Council is considering a drop in property taxes, down to 11 mills, a tax break valued at more than $275,000.
Alongside an amicable meeting with Nome Public Schools, the city council on Monday agreed to spend roughly $420,000 to add full-building humidification to the planned Richard Foster Building.
Adults over the age of 21 can now legally possess and use up to an ounce of marijuana, but sale of the drug remains illegal as local and state lawmakers hammer out new rules.
A rate consultant told the Nome City Council and the Nome Utility Board that electric rates should go up by as much as 13 percent, and water/sewer rates by nearly 16 percent.
Amid discussions of the still-forming city marijuana laws, the Nome City Council also approved an electricity rate hike and operating budget for the city utility.
An audit for 2013 finds the accounting practices for the city’s utility are sound, but operating at a loss that could lead to debt struggles down the road if changes aren’t made.
On budget with the city’s new museum, library, and cultural center, the City Council addressed the utility’s loans before discussing how to spend an NSEDC donation and how to eventually deal with legal marijuana sales.
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.
“Basically we need to figure out how to get $1 million closer than we are today,” Utility Manager John Handeland said of the group’s 2015 budget.