HomeMy WebLinkAboutRESOLUTION NO. 2022-09RESOLUTION NO. 2022-09
RESOLUTION APPROVING THE MAXIMUM TAX DOLLARS FROM
CERTAIN LEVIES FOR THE CITY'S PROPOSED
FISCAL YEAR 2022-2023 BUDGET
WHEREAS, the City Council of Fairfax, Iowa is preparing the annual budget for
the Fiscal Year 2022-2023; 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 requii•ed; and
WHEREAS, a public hearing concerning the city maximuln pt-operty tax dollars
for the affected levy total was held on Februazy 8, 2022, at 6:00 PM from Fairfax City Hall,
at 300 80t1' Street Court, Fairfax, Iowa.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of
Fairfax, Iowa, that the inaximuin property tax dollars for the affected tax levies for FY23
shall not exceed $1,095,885, which represents more than 102% from the maximum
property tax dollars requested for FY22 froln the affected levies.
BE IT FURTHER RESOLVED, by the Fairfax City Council of the City of
Fairfax, Iowa, that the Mayor and City Clerk are hereby authorized and directed to execute
said resolution.
Passed and approved this gtl' day of February, 2022.
AYES: Nurre, Daly, Pacha, Volk, and Wainwright
NAYS: None
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Burnell G. Frieden, Mayor
ATTEST:
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C thia Stimson, City Clerk/Treasurer
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1/12/22, 12:33 PM
Local Government Property Valuation System
NOTICE OF PUBLIC HEAI2ING - CITY OF FAIRFAX - PROPOSED PROPERTY TAX LEVY
Fiscal Year July 1, 2022 - June 30, 2023
The City Council will conduct a public hearing on the proposed Fiscal Year City property tax ]evy as follows:
Meeting Date: 2/8/2022 Meeting T'ime: 06:00 PM Mecting Location: Fairfax City Hall, 300 AOth Street Court, Fairfax, IA 52228
At the public hearing any resident or taxpayer may present objections [o, or arguments in favor of the proposed tax levy. Afler adoption of the proposed tax levy, the City
Council will publish no[ice and hold a hearing on the proposed city budget.
City Website (if available) City Telephone Number
www.cityoffairfax.org (319) 846-2204 ext: 0
Current Year Certil➢ed Budget Year Effective Budget Year Proposed Maximum Annual
Property Tax 2021 - 2022 Property Tax 2022 - 2023 Property Tax 2022 - 2023 % CIIG
Regular Taxable Valuation 121,845,955 135,294,492 135,294,492
Tax Levies:
Regular General 986,952 986,952 1,095,885
Contrac[ for Use oFBridge �
Opr & Maint Publicly Owned Transit �
Rent, Ins. Mai�[. Of Non-Owned Civ. Ctr. �
Opr & Maint of City-Owned Civic Center �
Planning a Sanitary Disposal Pxoject �
Liability, Property & Se]f-Insurance Costs 0
Support of Local Emer. Mgmt. Commission �
�mergency �
Police & Fire Retirement �
FICA & IPERS �
Other Employee Benefits �
Total Tax Levy 986,952 986,952 1,095,885 11.03
Tax Rate 8.10000 7.29484 8.10000
Explanation of significant increases in the budge[:
The per thousand levy is staying at $8.10. The increase in tax dollars is due to growth in Ihe taxable valuations total. Fairfax has experienced residential as well as
commercial/industrial growth. Wuh grow[h comes more area and residents to provide services [o. Expenses increase because of projects, growth, and the economy.
If applicable, the above notice also available online at:
www.cityoffairfax.org
*Total city tax rate will also include voted general fund levy, debt service levy, and capital improvement reserve levy.
**Budge[ year effective property tax rate is the rate that would be assessed for these levies if the dollars requested �s not changed in [he coming budget year
https://dom-localgov.iowa.gov/budget-renderer?id=10807 1/1