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Waterloo council adopts FY2026 budget; published levy rate limits changes after public comment
Summary
The Waterloo City Council adopted the FY2026 budget with a total property tax asking of $53,630,715 and reaffirmed that state rules prevent the council from exceeding the levy rate that was published in the budget notice. Council members debated whether to publish a "not to exceed" maximum in future notices to allow downward adjustments.
The Waterloo City Council adopted a resolution approving the fiscal year 2026 budget, including a total property tax asking of $53,630,715, and rescinded an earlier resolution (2025-39) as part of the action.
Council discussion focused on a recent change in how the budget levy is certified. Several council members said state procedures now prevent the city…
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