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Seneca City Hall
(KMZA)--The Seneca City Council Wednesday evening approved the 2025 budget as published following a hearing drawing no public comment.
The Council also adopted a resolution to exceed the revenue neutral rate following a separate hearing that drew no public comment.
The $12.4 million budget maintains the same tax levy as the past several years.
The budget contains an estimated tax rate of 32.58 mills, which is 1.7 mills above the revenue neutral rate. It calls for the city to collect more than one million in tax revenue.
Even though the mill levy will remain the same, the city will collect more than $58,000 in additional tax revenue due to a $1.7 million increase in the city's assessed valuation.
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