WHAT WE KNOW: Geneseo aldermen have been working on paring a $757,000 deficit in the capital projects fund of the fiscal 2019-2020 budget.
WHAT'S NEW: The council voted 8-0 Tuesday to approve a budget that will eat $687,960 into the capital fund balance of $896,000. The bulk of the increase is a contingency of $591,000 for sewer and water for the infrastructure of a possible expansion of the industrial park. Interim city administrator Dawn Tubbs reminded aldermen the city hasn't officially bought the property yet, but is in the process. The city could work with a developer to offset the cost, it was also noted. The work will bring the cost of the property from $12,500 per acre to $29,300. A less expensive option was also discussed, but it wouldn't permit future growth. The budget eliminates all but $140,000 in engineering costs of a $400,000 northeast Geneseo stormwater drainage project.
Resident Derek Betcher spoke to the council during public comments to say he loves the quality of life in nearby Weber Estates and he asked the council to "hold out very high standards for property development and just aim high for Geneseo" with regard to uses of the property.
WHAT'S NEXT: The council debated putting in a E85 pump at the city's fuel depot to save $1 per gallon on fuel and/or buying an all-electric vehicle, but decided to come back and amend the budget later if they decide to do so. They also talked about spending $10,000 on a study of a master plan for Geneseo creek to alleviate flooding at least at the Geneseo Moose Lodge and the mobile home park off Stewart Street. Rather than add to the deficit, IMEG engineer Greg Ryckaert will create a list of possible grants for the latter project.