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Cedar Falls staff propose $12.29 max levy for FY27; council approves sending notices and schedules April hearing

City of Cedar Falls Committee of the Whole · February 17, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City staff recommended a proposed maximum city tax rate of $12.29 for FY27 to be included in required mailed notices; council voted to set that max and to hold a special public hearing on April 6, 2026. Staff explained the change reflects reassessment and state legislative adjustments under House File 718.

City staff recommended that the City Council set a proposed maximum city property tax rate of $12.29 for fiscal year 2027 and direct staff to include that rate in the required property‑tax notices mailed to owners. Jen (staff) told the Committee of the Whole that the proposed max rate — up 9¢ from the current $12.20 — would appear in letters the county mails in March and that the full FY27 budget will be finalized through hearings in April.

"What's being proposed tonight is a rate of... $12.29," Jen said, explaining that FY27 (July 1, 2026–June 30, 2027) is a reassessment year and Cedar Falls’ assessed value rose by about $449…

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