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HomeMy WebLinkAboutRESOLUTION NO. 2023-08RESOLUTION NO. 2023-08 RESOLUTION APPROVING THE MAXIMUM TAX DOLLARS FROM CERTAIN LEVIES FOR THE CITY'S PROPOSED FISCAL YEAR 2023-2024 BUDGET WHEREAS, the City Council of Fairfax, Iowa is preparing the annual budget for the Fiscal Year 2023-2024; and WHEREAS, the City Council of the City of Fairfax has considered the proposed FY23 city maximum property tax dollars for the affected levy total; and WHEREAS, a notice concerning the proposed city maximum property tax dollars was published and posted on the city website and social media accounts as required; and WHEREAS, a public hearing concerning the city maximum property tax dollars for the affected levy total was held on February 14, 2023, at 6:00 PM from Fairfax City Hall, at 300 80th Street Court, Fairfax, Iowa. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Fairfax, Iowa, that the maximum property tax dollars for the affected tax levies for FY24 shall not exceed $1,071,760, which represents less than 102% of the maximum property tax dollars requested for FY23 from the affected levies. BE IT FURTHER RESOLVED, by the Fairfax City Council of the City of Fairfax, Iowa, that the Mayor Pro Tempore and City Clerk are hereby authorized and directed to execute said resolution. Passed and approved this 14th day of February, 2023. AYES: Nurre, Daly, Pacha, Volk, and Wainwright NAYS: None i Marianne :� ainwright, Mayor Pro Tempore ATTEST: 6 � , ,�, C thia Stimson, City Clerk/Treasurer za�. 1/5/23, 11:19AM Locai Government Property Valuation System NOTICE OF PUBLIC HEARING - CITY OF FAIRFAX - PROPOSEA PROPERTX TAX LEVY Ftiscal Year July 1, 2023 - June 30, 2024 The City Counci] will conduct a publio hcaring on the proposed Fisc¢1 Year City property tax lovy as follows: Meeting Date: 2/14/2023 Meetrng Time: 06:00 PM Meetlng Location: Fairfax City Hall, 300 80th St Ct At the public heering any resident or ta�cpayer m�,p �resent objec(ions tu, or ars;um�nts in I`uvor of the prr,��osed tAx levy, r�fter adoption of the proposed tax levy, the City Councal ivili publish notice anti halt! a heanie� an thc pro�oscd ctty budget, C'.itv Wehsite fifavailablel City Telephone Number If appticable, the above notice also availabie online at; www, cityoffairfax, org 'Totn! city ta�c rate tt�ill also include a•otsct genmai fitnd 1e:��p, dcbt ien;ice Irty, and c,initut im�rc,��erncnt jcserve levy. r•Budget yeaz effectivc properry Inx ntc is the iate that ����7idd bc asseised iur ihzse la�ies if ilra dollars requetitcti is ��nt chiu���c� in the coming budget year https:/ldom-localgov.iowa.gov/budget-renderer?id=94365 111 Explanatioa of significant increases in the budget: 71tc City's budget is seeing incxeases due to inflation, labor market, and prajects. But, wc are proposing to kcep the levy the same, at $8.10 even with a stight decrcase in tax;ible valu;ition.