Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Taxation topic
No spam. Unsubscribe anytime.
Cerro Gordo board adopts tax abatement and levy estimate, schedules Truth in Taxation hearing Dec. 17
Summary
The board adopted a resolution abating the 2025 tax levy for Series 2017B debt service and approved estimated levy amounts for 2025; it also set a Truth in Taxation hearing for Dec. 17, 2025 at 6:30 p.m.
In new business the board adopted a resolution to abate the tax levied for 2025 to pay debt service on Series 2017B Alternate Revenue Bonds. Curran moved, Bebar seconded and the resolution passed unanimously by roll call.
The board then approved a separate resolution regarding estimated amounts necessary to be levied for 2025 after a motion from Runyen and second by Miller; that motion also passed on a unanimous roll call. The minutes record starting fund balances for multiple funds and note a recommendation to set the Truth in Taxation hearing for Dec. 17, 2025 at 6:30 p.m., recorded as verbal yeas.
These actions formalize the district's tax and debt-service posture for the 2025 levy cycle and establish the public hearing date required under Truth in Taxation procedures.
