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Sioux City council adopts lower property tax levy for fiscal year 2627
Summary
After a brief staff presentation, the Sioux City Council approved a hearing resolution adopting a reduced property tax levy for fiscal year 2627; officials said the final levy rate is 15.51392, which the presenter said will lower residential and commercial bills compared with earlier estimates.
The Sioux City Council approved a hearing resolution adopting a reduced property tax levy for fiscal year 2627 following a staff presentation and a 4 to 0 roll-call vote.
Presenter (S4) told the council the city had initially proposed a levy of 15.59 and that the maximum levy noticed to citizens was 15.89798, but after final calculations “the actual levy will be 15.51392.” The presenter estimated that the change represents about a $113 decrease for a…
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