Posted on Wednesday February 23, 2022
Public Hearing on proposed FY 22 Maximum Property Tax Levy
The
Iowa Legislature passed a bill (SF634), which requires all cities to
pass a resolution establishing their maximum property tax dollars for
certain levies.
The “Maximum Levy” applies to certain individual levies that the city
uses, which total up to the overall tax levy. But it should be noted
that not all levies are included in this calculation. This notice sets
the maximum amount that may be levied for FY 22 (beginning in July 1,
2021) for those specific levies only.
So, there will be a public hearing on March 1st at 6:00 p.m., in the
Council Chambers, at City Hall, 15 N. 6th Street, Clear Lake, Iowa, on
the maximum property tax resolution and also a hearing on March 15th at
the same time and place for the complete City budget proposal.
