12/14/2020 11:08:00 AM City tax depends on home value increase
Karla Strain, city finance director, far right, reviews a PowerPoint presentation with the Stewartville City Council at the city’s annual truth in taxation meeting at Stewartville City Hall on Tuesday evening, Dec. 8. The city’s total budget is $8,604,870 for 2021, a 1.994 percent increase from its 2020 budget, Strain said. “Our budget increase is less than 2 percent, which is less than we even did for last year,” she said. City Council members, from left, include Josh Arndt, Brent Beyer, Mayor Jimmie-John King, Craig Anderson and Jeremiah Oeltjen.
Editor
Masked up and socially distanced as a result of the coronavirus (COVID-19) pandemic, Stewartville city officials gathered for the annual truth in taxation meeting last week.
Karla Strain, city finance director, reported that the city's certified operating levy is $3,344,675 for 2021, an increase of $143,075 from the city's $3,201,600 levy for 2020.
The certified operating levy for 2021 does not include the city's $141,749 swimming pool referendum nor its $132,589 Fire Hall referendum, Strain said. The pool is scheduled to be paid off in full in 2026, with payments for the Fire Hall completed in 2033, she has said.
In a PowerPoint presentation, Strain said that if the City Council approves the city's proposed budget and levy for 2021, a Stewartville resident living in a house valued at $214,000 will pay...
For more on this story pick up your copy of the Dec. 15 Stewartville STAR.
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