Fargo City Commissioners told to consider raising special assessments to fund future capital improvement projects

(Fargo, ND) -- Fargo City Commissioners are being told to possibly consider increasing special assessments to help fund future capital improvement projects in the city.

"In order to continue to fund the necessary pavement preservation street reconstruction projects the city will need to change how projects are funded," said Fargo Assistant City Engineer Tom Knakmuhs.

Knakmuhs offered a range of proposals to commissioners to consider for funding capital improvements during a special information meeting Tuesday morning, when they reviewed the proposed Capital Improvement Plan for 2023 and 2024.  Knakmuhs said the city's funding policy for capital improvement is "not sustainable". 

In addition to proposing increasing special assessments, Knakmuhs also proposed increasing the sales tax and utility rates to help fund capital improvement projects in the future. 

Commissioners will discuss the Capital Improvement Plan once again during their meeting December 12th.

Original Air Date: 
Monday, November 21, 2022