Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget Taxation topic
No spam. Unsubscribe anytime.
Milbank Council certifies 2024 tax call at $1,014,070 after 3% CPI and growth figures
Summary
The Milbank City Council certified a 2024 tax call of $1,014,070 after officials said both CPI and assessed growth came in at 3%, a change that reduced the levy compared with earlier projections; the motion passed 6-0.
The Milbank City Council on Sept. 9 certified the city’s 2024 tax call at $1,014,070 following council discussion of updated CPI and growth figures. Council members were told that both the CPI and growth rate came in at 3%, and the certification vote passed unanimously (6-0).
Councilmembers discussed how the revised 3% growth figure — up from last year’s 1.65% — affected levy calculations and municipal revenues. The certification formalizes the amount the city will use to calculate property tax levies for the coming year. The motion to certify the tax call carried 6-0.
The action was procedural and final for this meeting; no amendments to the tax call were made and no public objections were recorded during the item. Future council meetings will continue budget and levy work tied to this certification.
