The most important document a city can decide upon, free money and an ice cream truck, were the items of interest at Sycamore’s City Council meeting Monday.

The council opened the floor to any residents who wished to discuss the city’s annual budget report.

Although Sycamore Mayor John Swedberg pointed out the city’s budget as “the most important document that comes onto the table,” no one spoke on the issue.

The budget allocates more than $34.1 million, with nearly $7 million devoted to capital spending programs.

The council also discussed a well located on Airport Road, which was addressed during past meetings and is nearing construction. The $1.3-million project, once completed, will help maintain water supply and pressure as Sycamore expands.

Another money topic, granting tax credits to lower- and middle-class families, left one city official dumbfounded.

“It’s kind of sad when we’re trying to give money away, and no one wants it,” 2nd Ward Alderman Chuck Stowe said.

Provisions of the Federal Tax Reform Act allow all states to administer what is called a “private bond authority.”

As part of the act, first-time home buyers may be eligible for a tax credit worth 25 percent of the interest accumulated on the mortgage. A family of three is eligible if its total income is less than $75,958. The limit for a one- or two-person household is $66,050.

City Manager Bill Nicklas said only about six to seven families are likely to qualify because the average three-bedroom home in Sycamore costs far more than the limits.

Regardless, Nicklas is hopeful that local banks will work with first-time home buyers to popularize this policy.

Moving to less consequential topics, the council unanimously said “Yes” to an ice cream truck.

The council voted to allow Nancy Crowe, an ice-cream seller, to begin selling just as the weather becomes more hospitable.

The next Sycamore City Council meeting is scheduled for 7 p.m. April 18 at the Sycamore Center, 308 W. State St.