The Alton City Council has adopted its new tax levy, abated some from past years, and refinanced another. The coming fiscal year levy totals just over $6.5-million, which is roughly 4.9% higher than last year. As has been the case in previous years, the police and fire pensions are proving to be a major expense. Nearly $1.7-million is set for the police pension and a little more than $1.5-million for the fire pension.
But the refinancing of the Series 2004 bonds will apparently save a little over $210,000. In other council business, the city approved a move to submit a Letter of Interest to the Heartlands Conservancy in its quest for a Complete Street Plans Grant through the Illinois Department of Transportation in the amount of $20,000. The city's match would not exceed $5,000. Legal action that will lead to condemnation of several properties was begun, with structures at 1501 Sparks, 1115 Milnor, 2517 Della, and 509 Goodfellow now set for demolition.