HomeMy Public PortalAboutResolution 2021-06 A Resolution for the Approval of the Fiscal Year 2022 Maximum Property Tax DollarsRESOLUTION 2021-06
A RESOLUTION FOR THE APPROVAL OF THE FISCAL YEAR 2022 MAXIMUM PROPERTY
TAX DOLLARS
WHEREAS, the City Council of the City of Riverdale has considered the proposed
FY 2022 city maximum property tax dollars for the affected levy total, and
WHEREAS, a notice concerning the proposed city maximum property tax dollars
was published as required on February 13, 2021 and posted on city web site
and/or social media accounts if applicable,
WHEREAS, a public hearing concerning the proposed city maximum property
tax dollars was held on February 23, 2021
NOW THEREFORE BE IT RESOLVED by the City Council of the City of Riverdale
that the maximum property tax dollars for the affected tax levies for FY 2022 shall
not exceed the following total:
Total maximum levy for affected property tax levies - $686,408
The Maximum Property Tax dollars requested in the total maximum levy for
affected property tax levies for FY22 represents less than 115% from the
Maximum Property Tax dollars requested for the current FY 2021.
Roll Call Vote:
Littrel- YEA/NAY
Heddlesten - YEA/NAY
Krell - YEA/NAY
DCamp - YEA/NAY
Adams - YEA/NAY
Passed and approved this 23rd day of February 2021.
Michael Bawdee'{, Mayor
ATTEST: .
\a/R\
Katie Enloe, Deputy City Clerk
City of Riverdale, Iowa 110 Manor Drive, Riverdale, Iowa 52722 • (563) 355-2511 • www.riverdaleiowa.com
https://dom-localgov.iowa.gov/budget-renderer?id=7620
NOTICE OF PUBLIC HE ARI NG - CIT Y OF RI VERD ALE - P ROP SED PR OPE RTY TAX LE VY
Fiscal Ye ar July 1, 2021 - June 30, 2022
The City Co uncil will c ond uct a public hearing on the pr op osed Fiscal Year ty property ta x le vy as foll ows:
Me eting D at e: 2/23/2021 Meeti ng Time: 07:00 PM Meeting L ocati on: Ri ver City Hall, 110 M anor Dri ve, Ri verdale, Iowa
At the pu blic hearing a ny resident or ta xpayer may prese nt objecti ons t o, or arg uments in favor of the prop osed tax le vy. After ad option o e prop osed ta x le vy, the City Co uncil will p ublish notice and hold a hearing on the pr oposed
city budget .
City Website (if av ailable)
riverdaleiowa.com
Curre nt Year Certified Pr operty Tax 2020 -
2021
B udget Year Effecti ve Property
2022
T ax 2021 -
B udget Year Proposed Ma xim um Property Tax 2021 -
2022
An nual %
CHG
Regular Taxable Valu ation
72,463,556
I 72,642,904
72,642,904
Tax Lev ies:
Regular General
320,149
320,149
588,408
Con tract for Use of Bridge
0
0
Opr & Ma int Publicly Own ed Transit
0
0
Rent, In s. Maint. Of N on -Own ed Civ . Ctr.
0
0
O pr & Maint of City -Owned Civ ic Cen ter
0
0
Plann in g a San itary D isposal Project
0
0
Liability, Property & Self -Insurance Costs
0
0
35,000
Su pport of Local Emer. Mgmt. Commission
0
0
Emergen cy
0
0
Police & Fire Retirement
0
0
FICA & IPERS
0
f 0
38,000
O ther Emplo yee Benefits
0
0
25 ,000
To tal Tax Lev y
320,149
320,149
686 ,408
114 .4
T ax Rate
4 .41807
4.40716
9.44907
City Telepho ne N umbe
(563) 355-2511
Ex plan ation of sign ifican t increases in the bu dget:
The City of Riverdale will n eed the in crease to fun d ongoin g operatin g ex pen ses.
If applicable , the above notice also av ailable on line at:
riv erdaleio wa. co m
* Total city tax rate will also in clude voted ge neral f und levy, debt service levy, d capital impro veme nt reserve le vy .
* *Bu dget year effective pro perty tax rate is the rate that would be assessed for these levies if the d s req uested is not changed in the coming budget year
N
0
N
Local Government Property Valuation System