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Perry City sets public hearing on FY2027 property tax levy; staff says proposed rate essentially unchanged
Summary
The council set a public hearing on the fiscal year 2027 consolidated general fund property tax levy, with staff saying taxable valuation is about $11 million, a 2% allowable levy increase would yield roughly $56,000 additional general-fund revenue, and the proposed levy rate is essentially unchanged (17.92 current vs. 17.91 proposed).
Perry City — The Perry City Council voted to set a public hearing on the fiscal year 2027 consolidated general-fund property tax levy and outlined the publication and notification process required by state law.
Staff told the council that the notice process requires mailed letters to property owners and that the city’s taxable valuation for levy calculations is approximately $11 million. Under state limits described in the meeting, the general fund can request a 2% increase, which staff estimated would yield roughly $56,000 additional general-fund revenue. Staff reported the current levy rate is about 17.92 and the proposed levy is about 17.91 — a near-even change in the rate despite rising assessments.
Staff explained that the county will create and mail required notices to property owners after the city’s numbers are entered into the statewide budget form, and that the council will hold subsequent hearings on budget certification after the levy hearing. The council set the announced hearing date and confirmed the process for publishing required materials.
Why it matters: The levy-setting and public-hearing process determines how much property-tax revenue the city may collect for the general fund and triggers state-mandated notices to property owners so residents can review proposed rates and valuations.
Next steps: The city will publish required notices and hold the public hearing on the date set by the council; a second hearing on budget certification will follow as part of the budget-adoption process.
