$2,255 loan from Hancock County could impact 24-cent tax on next fiscal year | Community


Rob Hillesland Summit-Tribune

Hancock County supervisors approved a resolution Jan. 31 authorizing a loan agreement, along with a $2.255 million bond with a provision for the levy of taxes to be repaid over 10 years. It will fund several county capital improvement projects.

Projects include the acquisition and installation of emergency communications equipment and systems related to the new county tower near Duncan, repairs to the roof of the northwest tower of the county courthouse and the addition of an east vestibule entrance to the courthouse.

To collect a direct annual tax sufficient to pay the principal and interest on the bonds as they mature, all taxable property in the county will be levied to sufficiently produce the following annual amounts during the next fiscal years, commencing July 1: 2022 – $253,380; 2023 – $251,200; 2024 – $252,000; 2025 – $252,700; 2026 – $253,300; 2027 – $253,800; 2028 – $254,200; 2029 – $254,500; 2030 – $249,700; 2031 – $249,900.

Hancock County Auditor Michelle Eisenman estimated for the next fiscal year 2023 that the impact of the tax should be about 24 cents per $1,000 of assessment. She noted that the tax levy can change each year due to assessments, and county officials won’t know successive years until assessments end in December.

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On January 18, supervisors approved bonding service with Robert W. Baird & Co. of Milwaukee, Wisconsin, which offered an interest rate of 1.4940%.

During their Jan. 31 public forum, supervisors responded to public concerns raised by Gary Schleusner about Great Bicycle Ride Across Iowa (RAGBRAI) registry cyclists crossing the county this summer. It was noted that cyclists will likely pass through the Woden, Crystal Lake and Britt areas, although this is a far northern Iowa route this year.

Supervisor Gary Rayhons said unforeseen costs and liabilities are among the biggest concerns.

“The last time they went through Garner, they had an organizational meeting and provided a package,” supervisor Sis Garman said. “There are people who will just step in for a day and not be registered.”

County Emergency Response Coordinator Andy Buffington said Hancock County last time did not issue permits for vendor booths despite requests, due to concerns from public health inspectors .

Hancock County Sheriff Rob Gerdes said this week should be business as usual for the sheriff’s department. He said there were no plans to divert department resources to things like traffic control at this time.

“We have other tasks,” Gerdes said. “Just because RAGBRAI is playing that day doesn’t mean we’re not going to do something else.”

The RAGBRAI 2022 event will take place from July 23 to 30. It will start at Sergeant Bluff and end at Lansing. In between, runners will spend the night in Ida Grove, Pocahontas, Emmetsburg, Mason City, Charles City and West Union. The northern route is about 430 miles

In other cases, supervisors:

Appointed Heidi Metz to the Hancock County Adult Advisory Committee.

Approval of low bid of $112,445 from Reutzel Excavating of Burt for repair work on open ditches in Drainage Districts 1 and 2 East Main. A Bolton and Menk representative said the offer was about 24% below the engineer’s estimate of $147,000. The project which includes shaping the banks and removing trees is expected to be completed by December 15.

Rob Hillesland is Community Editor for the Summit-Tribune. He can be reached at 641-421-0534 or by email at [email protected]

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