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Gardner council votes to exceed revenue-neutral rate, adopts FY2025 budget with flat mill levy
Summary
After a lengthy debate over taxpayer burden and bonding capacity, the Gardner City Council adopted a resolution to exceed the revenue‑neutral rate and approved the FY2025 budget that keeps the city’s mill rate at 18.319, with staff projecting a roughly 33% general‑fund reserve at year‑end.
The Gardner City Council on Tuesday adopted Resolution No. 2,150 declaring the city will exceed the revenue‑neutral property‑tax rate and approved the fiscal 2025 budget that maintains a proposed mill rate of 18.319.
City finance staff explained that the Johnson County Clerk calculated Gardner’s revenue‑neutral rate at 16.825 mills and that the proposed 18.319 mill rate captures valuation increases that produce an approximate 5% increase in property‑tax revenue. ‘‘The city’s proposed fiscal year 2025 budget is based on a proposed mill rate of 18.319, which exceeds the revenue neutral rate,’’ staff said…
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