The City of Sioux City held a budget meeting on February 8, 2025, focusing on key financial updates and future projections related to renewable fuels and environmental services.

During the meeting, officials reported that the gross revenue from biogas over the past four years reached $4.6 million, with net revenue at $3.05 million. There is an anticipated additional income of $500,000 from a broker for stored volunteer biogas, which is expected to enhance the city's financial standing.

A significant topic of discussion was the adjustment in the environmental services budget, which is influenced by an agreement with Gil Hauling. This agreement stipulates annual adjustments based on the Consumer Price Index (CPI). For this year, the CPI increase was 3.1%, leading to a 3% raise in trash collection fees, as per the agreement's terms. This adjustment will be presented to the council in the coming months.

Additionally, officials noted that the previous year's bidding process for trash collection resulted in a decrease in costs, but the current adjustments are expected to recoup some of that reduction. The city is committed to maintaining transparency and efficiency in its environmental services as it navigates these financial changes.

Overall, the meeting underscored the city's ongoing efforts to manage its budget effectively while adapting to economic fluctuations and ensuring sustainable practices in waste management.