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Fund could be difficult for Peru swimming pool

Posted by wlpo on August 11, 2010

Peru needs to bring in more money regardless of what officials decide to do about the swimming pool.  That’s the opinion City Treasurer Gary Hylla shared with the city council Wednesday night.

Hylla laid out the possible revenue options officials could use if they decide to do major pool renovations or build a new pool.  Hylla suggests a quarter percent municipal sales tax increase to help keep the general fund balanced even if they don’t move forward with pool work.  He thinks if they used the sales tax increase to support a pool project it wouldn’t leave them much extra for the general fund.

Other options are a property tax levy increase and a monthly billing rate increase.  He estimates a $4 million pool project would make taxes on a home worth $100,000 increase by $60 a year.

He also reminds officials that they have the IEPA mandated sewer separation project that is estimated to cost up to $12 million.

The city’s attorney, Doug Schweickert bluntly told the council they can’t afford a pool, not with the sewer separation work and pension liabilities.

A motion to have a referendum on the November ballot asking voters if they want a new pool failed with most aldermen feeling like the question was too vague.

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