HomeMy Public PortalAboutFY22 Max Levy Public Notice2/11/2021 Local Government Property Valuation System
https://dom-localgov.iowa.gov/budget-renderer?id=7620 1/1
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The City Council will conduct a public hearing on the proposed Fiscal Year City property tax levy as follows:
M
eeting Date: 2/23/2021 Meeting Time: 07:00 PM M
eeting Location: Riverdale City Hall, 110 Manor Drive, Riverdale, Iowa
At the public hearing any resident or taxpayer may present objections to, or arguments in favor of the proposed tax levy. After adoption of the proposed tax levy, the City Council will publish notice and hold a hearing on the proposed
city budget.
City Website (if available)
riverdaleiowa.com
City Telephone Number
(563) 355-2511
Current Year Certified Property Tax 2020 -
2021
Budget Year Effective Property Tax 2021 -
2022
Budget Year Proposed M
aximum Property Tax 2021 -
2022
Annual %
CHG
Regular Taxable Valuation
72,463,556
72,642,904
72,642,904
Tax Levies:
Regular General
320,149
320,149
588,408
Contract for Use of Bridge
0
0
Opr & Maint Publicly Owned Transit
0
0
Rent, Ins. Maint. Of Non-Owned Civ. Ctr.
0
0
Opr & Maint of City-Owned Civic Center
0
0
Planning a Sanitary Disposal Project
0
0
Liability, Property & Self-Insurance Costs
0
0
35,000
Support of Local Emer. Mgmt. Commission
0
0
Emergency
0
0
Police & Fire Retirement
0
0
FICA & IPERS
0
0
38,000
Other Employee Benefits
0
0
25,000
Total Tax Levy
320,149
320,149
686,408
114.4
Tax Rate
4.41807
4.40716
9.44907
Explanation of significant increases in the budget:
The City of Riverdale will need the increase to fund ongoing operating expenses.
If applicable, the above notice also available online at:
riverdaleiowa.com
*Total city tax rate will also include voted general fund levy, debt service levy, and capital improvement reserve levy.
**Budget year effective property tax rate is the rate that would be assessed for these levies if the dollars requested is not changed in the coming budget year