2. Financial Stability

Through strategic planning, Mayor Goins and his administration transformed the City’s finances from a $3.8 million deficit to a $2.7 million surplus, as confirmed by the most recent audit. Alton’s financial foundation has been strengthened through balanced budgeting and increased revenue generation. Property values have risen while tax rates have steadily decreased—from 2.3869 in 2021 to 2.1412 in 2023—providing relief to taxpayers. Additionally, the City’s improved credit rating and growing reserves position Alton for long-term financial health.