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Norwalk City Council approves fiscal 2026 property tax levies after public hearing
Summary
The Norwalk City Council voted 5-0 on April 3, 2025, to approve the city’s proposed property tax levies for fiscal year 2026 after holding a required standalone public hearing on the proposal.
The Norwalk City Council voted 5-0 on April 3, 2025, to approve the city’s proposed property tax levies for fiscal year 2026 after holding a required standalone public hearing on the proposal.
City staff presented the levies under the state law referenced in the hearing, House File 718, explaining that the city’s taxable value rose from $781,000,000 to $831,000,000 and that the city is requesting roughly 3.23% in new levy-funded dollars under the state formula. Staff said the tax-supported levies would increase total property-tax revenue from about $11,800,000 to $12,600,000 — an increase in tax-supported dollars the presentation summarized as approximately $824,000.
The hearing mattered because, while the city’s overall levy rate is expected to remain roughly the same, state formula changes and growth in taxable value affect how much new revenue the city may collect and when property owners feel changes on their bills. City staff…
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