Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Perry City holds public hearing on proposed 2027 property tax levy
Summary
City staff outlined a proposed property tax levy for fiscal year 2027, citing a $189,971,635 taxable valuation, levy-rate limits tied to valuation growth and cost pressures such as insurance and retirement that together could raise collections from about $3.4 million to about $3.6 million; a formal adoption hearing is scheduled next meeting.
Perry City officials held a public hearing on a proposed property tax levy for the fiscal year 2027 budget, during which staff reviewed current valuations, levy-rate limits and the cost pressures prompting a larger levy proposal.
The clerk told the council the city’s current taxable valuation is $189,971,635 and that the combined consolidated general-fund levy is constrained by statutory growth limits. “This current year we have growth 5.52%,” the clerk said, and noted that the growth level reduces allowable revenue growth under the rollback/limit table: 2.75–3.99% reduces growth by 1%, 4–6% by 2% and growth above 6% by 3%. The clerk said the maximum allowed combined general-fund levy for the current year is about 8.09, down from an…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
