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Rushford Library concerns


Mon, Mar 26th, 2012
Posted in Rushford All

Ms. Fergison and Ms. Tesch, I want to thank you for your concern for the Rushford Library. Ms. Fergison you made the statement, “I may not have all the facts...” to which I would like to offer some financial information regarding the City of Rushford, which I hope will bring an understanding to the Library issue. The information involves a considerable amount of financial information and analysis. I have learned over my years, without good information decisions tend to be emotional, and emotional decisions tend to be costly. With that I will give you the City’s financial information which I have, and along with that information I will give you my bias as well.

Entering the calendar year 2012, the City of Rushford had debt obligations of $10,509,326.00. How cities are able to go in debt was in a sense to mortgage all the real estate within the city limits. Within the city limits there are 523 residential properties and 78 commercial properties. The Taxable Market Value of all properties for 2012 was $78,863,200, which is determined by the Fillmore County Assessor’s office. If I were to divide the value of the city, $78,863,200 by $100,000 it would equal 788 units of value. To assign debt per unit I would then take the city’s debt of $10,509326 and divide it by 788, and the result would tell us how much debt per $100,000 of property value; $10,509,326/788= $13,336. So what is that telling us? In simple terms, if you own a property valued at $100,000 in Rushford, the city’s debt against your house is $13,336. If your property’s value is $200,000 you have $26,672 against it, and that debt is paid by the property owner through taxation at varying rates of interest and term. At the present time, Rushford uses approximately $890,000 of its operating budget to service the existing debt, roughly $260,000 of the $890,000 is the cost of interest.

We know we are obligated to borrow $1.4 million in two years to pay for the Hwy 43 project which is an additional $1,776 per $100,000 of property value. If we assume the City of Rushford would need to borrow $1,800,000 for a new library that debt per $100,000 of property value would be $2,284.

I know the Library Board and Staff have worked long and hard on this and I appreciate it very much. However, at this time in our City’s financial history, I consider a new library a want, not a need. I do feel our existing Library needs some remodeling provided we don’t go .....
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Fillmore County Pork Producers
Hoffman Stables

Leland Warren James

Mon, Mar 19th, 2012
Posted in Rushford Obituaries

Leland Warren “Lee” James, 78, of Rushford, Minn. died on Monday, March 5, 2012, at the Good Shepherd Lutheran Home in Rushford. Lee was born on May 24, 1933, to Melvin and Ella (Overby) James. He graduated from Rushford High School in ..... 
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Kevin L. Courtney

Mon, Mar 19th, 2012
Posted in Rushford Obituaries

Kevin L. Courtney, 55, of Rushford, Minn. died on Monday, March 12, 2012, at his home, surrounded by his family following a 13-year battle with Leukemia. Kevin was born on December 5, 1956, in Decorah, Iowa to Lawrence and Ruth (Bolland) ..... 
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Library seeks parameters from Rushford

By Kirsten Zoellner

Mon, Mar 19th, 2012
Posted in Rushford All

The tension between the city council and the library board continues, despite both sides calling for open communication of positive action. The council had voted unanimously February 13 to cease plans to construct a new library downtown. Two weeks l ..... 
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Leland Warren James

Mon, Mar 12th, 2012
Posted in Rushford Obituaries

Leland Warren “Lee” James, 78, of Rushford, Minn. died on Monday, March 5, 2012, at the Good Shepherd Lutheran Home in Rushford. Lee was born on May 24, 1933, to Melvin and Ella (Overby) James. He graduated from Rushford High School in ..... 
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Arlyn Robert Brevig

Mon, Mar 5th, 2012
Posted in Rushford Obituaries

Arlyn Robert Brevig, 70 of Rushford, died peacefully Wednesday, February 29, 2012, at Gundersen Lutheran Medical Center in La Crosse surrounded by his loving family. Arlyn was born July 7, 1941, in Rushford to Melvin and Myrtle (Moger) Brev ..... 
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Rushford Library confined to Tew Memorial Library building

By Kirsten Zoellner

Mon, Mar 5th, 2012
Posted in Rushford Features

After weeks of back and forth debate, on a subject that ultimately spans more than a decade, it appears that the Rushford Public Library not only will not see a new building built downtown, but it will be confined within the existing space of the Te ..... 
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Eric Hoiland

Mon, Feb 27th, 2012
Posted in Rushford Obituaries

Eric D. Hoiland, 43, of Rushford, Minn. died on Saturday, February 18, 2012, at Rochester Methodist Hospital in Rochester, Minn. Eric was born on January 30, 1969, in Winona, Minn. to Stanley and Elizabeth (Semmen) Hoiland. Eric was raised ..... 
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Haiden Ryan Meyer

Mon, Feb 20th, 2012
Posted in Rushford Social Scenes

Jen and Ryan Meyer of Rushford, Minn. are proud to announce the birth of their son, Haiden Ryan Meyer. Haiden was born on February 8, 2012.He weighed 7 lb. 6 oz. and was 19 1/2 in. long. He joins his sister Maiya at home. Maternal grandpar ..... 
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