Serving Gogebic, Iron and Ontonagon Counties
IRONWOOD TOWNSHIP — The Ironwood Township Board of Trustees approved a 2015 proposed budget of $913,729 Dec. 8.
The fund balance for 2015 is $398,371, down nearly $100,000 from 2014.
The millage rate will remain at 4.2714 after residents approved a road millage during the November mid-term election.
A millage rate is the amount of tax per $1,000 of property value, the road millage replaced an expiring fire truck millage.
The millage is for 1 mill and will last from 2014 to 2018. The township began collecting the millage on Dec. 1 as part of the winter 2014 taxes, and the millage is expected to raised $79,000 in the first year.
That funding can only be used for road construction projects within the township.
Another major difference in the budget, at least to some township residents, is funding no longer being designated to the Ironwood Carnegie Library. In 2013, the township paid $16,500 to the library for services, and in 2014 lowered the payment to $2,303, averaging $1 per resident in the township.
However, after the township claimed the contract between it and the library was violated earlier this year, the contract ended.
Ironwood Township receives services from the Bessemer Public Library, and doesn’t pay any addition fees.
The budget passed unanimously by the board.