The Clinton Herald, Clinton, Iowa

Top News

May 22, 2013

City forced to cut $1.1M from budget

CLINTON — The city of Clinton is scrambling to cut more than $1.1 million from next year’s budget because of a settlement that was reached between the Clinton Board of Review and Archer Daniels Midland.

As part of a settlement that ADM and the Clinton Board of Review reached earlier this month, ADM will receive more than $2.5 million in tax credits from the city, county and Clinton School District because the agency overpaid property taxes on its cogeneration facility, corn processing plant and bio-processing plant in the 2010 and 2011 assessment years.

While the city will be able to pay off its portion of the tax credits for the bio-processing plant and the corn plant, which amounts to roughly $212,000, in fiscal year 2014, the credits for the cogeneration facility will impact the city into fiscal year 2016. The cogeneration facility’s lowered valuation will cost the city around $788,586.

During the Internal Operations Committee meeting Tuesday, Finance Director and interim City Administrator Jessica Kinser told committee members the city’s portion of the tax credit paired with the agreed-upon assessments of ADM’s facilities means the city’s fiscal year 2014 budget will be impacted by approximately $1.1 million.

At-Large Council member John Rowland asked how the assessment, particularly of the cogeneration facility, could have been lowered so drastically. The facility was originally assessed at $77 million, but the settlement sets its value at $7.6 million for the 2010 assessment year.

“Is the assessor qualified and trained to do the assessments of properties such as ADM and other large industrial sites? Because again, back to that discrepancy, how could those assessments be off so far?” Rowland asked.

The property in question was labeled a utility plant in 2008 and was thus exempt from property taxes in 2009.

However, City Assessor John Moreland and other city officials protested the tax-exempt designation.

Text Only
Top News
  • Take a 'National Night Out'

    For one night every year, communities across the country celebrate National Night Out, a nationwide initiative to fight crime and promote safe communities.

    July 31, 2014

  • David Evers Evers' duck decoy hits auction block

    From just a block out of a basswood tree, David Evers creates award-winning pieces of artwork.

    July 31, 2014 1 Photo

  • The virtues of lying

    Two computational scientists set out recently to simulate the effects of lying in a virtual human population. Their results, published in the Proceedings of the Royal Society B, show that lying is essential for the growth of a cohesive social network.

    July 31, 2014

  • Screen Shot 2014-07-31 at 2.12.55 PM.png VIDEO: Five-year-old doesn't want her brother to grow up

    Sadie, an adorable 5-year-old from Phoenix, wants her brother to stay young forever, so much so that her emotional reaction to the thought of him getting older has drawn more than 10 million views on YouTube.

    July 31, 2014 1 Photo

  • Well affected by mercury spill is working again

    Mercury remains in one of Clinton’s Archer Daniels Midland wells, stemming from a November 2013 spill. But according to an independent study, threat levels are below Iowa Department of Natural Resources standards.
    The affected Well No. 4 returned to operation earlier this month.

    July 31, 2014

  • Blake Holovach Holovach converting back to a starting pitcher

    When Blake Holovach takes the mound tonight along the Mississippi River in Davenport, it’ll be in the first inning, which he wasn’t accustomed to in the past.

    July 31, 2014 1 Photo

  • Relay for Life: Stepping toward awareness

    Statistics reveal that cancer continues to remain the second most common cause of death in the United States, claiming one out of four deaths every day.

    July 31, 2014

  • Holly Youngquist Friends of the Library book sale is underway

    Friends of the Library Book Sale is open now. The sale is open to all until 8 p.m. today and on Friday, Aug. 1, from 9 a.m. to 8 p.m. Finally, Saturday, Aug. 2, is box day. From 9 a.m. to  3 p.m., books will sell at $3 per box.

    July 31, 2014 1 Photo

  • LETTER TO THE EDITOR: Cremation service helped pet owner in her time of need

    I wanted to share some positive news about a business located in Clinton that I’m guessing most residents aren’t aware even exists. It’s Northridge Pet Cremation on Main Avenue and for me they were recently a godsend.

    July 31, 2014

  • Darryl Hogue Fulton superintendent settles in to new position

    One month into the permanent River Bend School District superintendent job, Darryl Hogue has experienced the long hours, stress and the learning curve that comes with any new position.

    July 31, 2014 1 Photo

AP Video