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New Prague staff presents $5.60 million levy proposal; average residential share estimated at 3.88%
Summary
At a Truth in Taxation hearing, city staff reported a $5,603,735 levy for 2025 (about a 5.46% increase), down from a preliminary $5,685,800; staff estimated an average homeowner impact of 3.88%. Council will adopt the budget on Dec. 15.
City staff presented the proposed 2025 property tax levy during the Truth in Taxation public hearing, saying the levy has been reduced from an earlier preliminary figure and will be finalized at the council's next meeting.
Josh Tetzlaff, presenting the city's budget overview, said the council approved a preliminary levy on Sept. 2 of $5,685,800 — roughly a 7% increase — and that subsequent adjustments lowered the levy by about $82,000 to $5,603,735,…
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