Snedecor: Hobart remains fiscally sound despite lean buget

2013-03-12T18:35:00Z 2013-09-10T12:44:03Z Snedecor: Hobart remains fiscally sound despite lean bugetDeborah Laverty deborah.laverty@nwi.com, (219) 762-1397, ext. 2223 nwitimes.com

HOBART | Mayor Brian Snedecor's State of the City address highlighted the city's ability to remain fiscally sound despite a lean budget.

"We always approach a new year with a list of goals and projects, and, even in the era of decreased funding, we challenge ourselves to not only obtain our goals but to surpass and do more for our community, " Snedecor said.

Snedecor, who presented his address at last week's City Council meeting, will present it again at noon today at the Hobart Elks Lodge.

Clerk-Treasurer Deborah Longer said the city's levy has remained the same since 2008, while its assessed valuation has been been shrinking.

"We're taking in the same money we did five years ago," Longer said.

That's tough, Longer said, because city expenditures continue to rise.

"Are you paying the same thing for gas? No. And the city isn't either," Longer said.

Snedecor talked about two of the bigger projects completed last year with the assistance of federal funds.

They were $1.7 million in improvements to the Lake George Dam and $438,576 in improvements to the Beverly Boulevard Bridge.

Other major projects completed last year include the second phase of 61st Avenue, the downtown plan and the Nob Hill pond.

In addition, the Summer Market by the Lake expanded, Snedecor said.

Unfinished projects to be completed this year include revamping of the city's website, continuation of the Oak Savannah trail and automation of garbage trucks.

Construction projects throughout the city last year totaled about $30 million, including the $3.6 million addition of the new Cooper's Hawk winery and restaurant at Westfield Southlake mall.

A new $6.2 million, 100,000-square-foot building in the Northwind Crossings complex was the big-ticket item last year.

The building, located in a complex off 61st Avenue near Interstate 65, will be occupied by ITR America.

Another major building project was the $3.2 million Midwest Service Center, 408 S. Shelby St., Snedecor said.

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