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Proposed Hiawatha city budget approved for publication

By Greg Bebermeyer

08/29/2024

(KNZA)--The Hiawatha City Commission, during a special meeting Tuesday morning, approved for publication a proposed 2025 city budget that calls for nearly $8.6 million in total expenditures and a nearly 1.6 mill levy decrease.

The action came on a 4-0 vote, with Commissioner Brian Shefferd absent.

City Administrator Brad Scott reviewed the budget proposal during a work session following Monday evening's regular meeting.

The proposed budget contains an estimated tax rate of 40.845 mills, which is anticipated to generate more than $1.4 million in local tax revenue.

Even though the mill levy will decrease, the city will collect nearly $115,000 in additional tax revenue due to a $4 million increase in the city's assessed valuation.

The Commission will consider adoption of the budget following a public hearing at their September 9th meeting. Following another hearing, the Commission will consider the adoption of a resolution to exceed the revenue neutral rate of 37.566 mills.

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