Conrad property taxes set to drop, but water rates likely to increase

As the city of Conrad prepares to certify its budget for the upcoming fiscal year, City Clerk Lori Stansberry brought the council up to speed on several financial issues during Thursday night’s regular meeting.
           
According to Stansberry, one change that seems inevitable at this point is an increase in water/sewer rates as the city attempts to secure a revolving loan through the state on the sanitary sewer.
           
“In water and sewer, we’re underfunded,” she said.
           
She did add, however, that after a few years of increases due to the fire station project, the property tax rate will decline to $11.05 per $1,000 of valuation, and the city’s overall taxable valuation has increased by over $1 million. 
 
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