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Alburnett council opens and closes public hearing on FY27 property tax levy; rate drops to $12.30
Summary
At a special March 23 meeting the Alburnett City Council opened a public hearing on the proposed FY27 property tax levy, heard staff present budget and valuation figures that reduced the proposed tax rate to $12.30 per $1,000, received no public comments and closed the hearing the same evening.
The Alburnett City Council on Monday opened and closed a public hearing on the proposed FY27 property tax levy after city staff presented budget numbers that, with rising property valuations, lower the proposed tax rate to $12.30 per $1,000.
City staff told the council the consolidated general fund budget for FY27 is proposed at $264,685, up from $254,029, and noted other line-item changes: liability and self-insurance rising to $29,751 from $26,430; IPERS dropping from $20,067 to $11,837; other employee benefits increasing to $12,415; and debt service increasing to $89,987. "Our new rate is $12.30," staff said, characterizing that as a 1.86% decrease from the current $12.48 rate.
The staff presentation explained that the apparent mismatch between higher budget totals and a lower tax rate is driven by a rise in taxable valuation, from $30,956,794 to $33,222,858. Staff walked the council through how that change affects the columns residents will see on mailed tax statements, including current rate, effective rate and proposed rate at new valuations. Staff also noted the agricultural property rate would move from about $1.36 to $1.26.
Councilmembers discussed a park project budget and were told any costs above current park revenue would be handled via a budget amendment drawing from fund balance so the project would not require an increase in property taxes. A council member asked whether the tax notice includes Kirkwood; staff said the statement outlines school, county and city portions and that Center Points in the packet may reference Kirkwood but did not confirm inclusion.
No written comments were received and no members of the public were present for the hearing. After hearing the presentation, the council closed the public hearing at 6:15 p.m. by unanimous voice vote of the members present and then adjourned the special meeting.
Procedural votes recorded in the meeting included approval of the agenda, the motion to open the public hearing (moved by Councilmember Sukup, seconded by Councilmember Myers) and the motion to close the hearing (moved by Councilmember Myers, seconded by Councilmember Trump). The council did not take any further formal action on the levy at the special meeting; next steps were not specified on the record.
