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.
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.
Finances were the central topic of discussion at Nome’s Joint Utility meeting this week, in the wake of a $2.2 million line of credit extended by the Nome City Council.
Removing the sales tax exemptions from local churches and nonprofits could bring in up to $300,000 a year, city finance officials say.
For three hours yesterday, the Nome Common Council waded through budget requests from three different public groups—the school, the city, and the utility board. By the end, nobody was happy, and three extra work sessions were scheduled to hammer out details.