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Cedar Falls council adopts FY26 budget at $12.20 levy after debate on tax increase
Summary
The City Council approved the fiscal year 2026 budget and a $12.20 property tax rate, a change that staff said raises average residential bills about 5.2% (about $29 a year on a $100,000 home). The measure passed 6–1 after councilors debated whether to use reserve funds to further reduce the rate.
The Cedar Falls City Council voted to adopt the fiscal year 2026 budget and set the property tax rate at $12.20 per $1,000 of taxable valuation, a package City staff said will raise the tax bill on a $100,000 home by about $29 a year, or roughly 5.2 percent.
The budget presented at the meeting reflects reductions previously approved by the council from an earlier $12.50 proposed rate. Director Ronback, who presented the budget, said, "The budget was published and presented to the taxpayers in the letter at the $12.50 rate. However...what's before you tonight is at the $12.20. The impact of that $12.20 for residential is about…
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