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Newton commission signals intent to exceed revenue-neutral rate; staff to notify county clerk
Summary
Commissioners voted to notify the county clerk of the city's intent to exceed the revenue neutral rate and discussed the 2026 budget, senior center funding request and how assessed valuation changes affect mill levy calculations.
Newton commissioners voted to notify the Harvey County clerk that the city intends to exceed the revenue-neutral rate and continued discussion of the 2026 budget, including a supplemental funding request from the senior center.
During a presentation on the 2026 budget, staff reviewed how assessed valuation changes affect the mill levy and municipal revenue. Staff explained the mechanics of the revenue-neutral rate (RNR) and described why the commission had chosen to stay above the RNR: an August/November valuation decline in recent years can reduce revenue if the city simply relied on the RNR calculated from prior valuations. Staff…
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