(KLZA)-- The Falls City Council approved the budget proposed for Fiscal Year 2019-20 following a public hearing drawing no public comment Wednesday evening.
The Total property tax requirement for the budget will be $736,105 with a levy of 47.86-cents per $100 of assessed valuation. The levy includes 2.9-cents for various interlocal agreements.
City Administrator Gary Jorn said the city valuation increased approximately $4-million, up about 2.7 percent from the previous years. Of that total, about $500-thousand dollars was from growth, the rest coming through reassessment of properties.
The property tax request from the previous year will be about a 14 percent increase. With the increase in the valuation, the levy decreased one percent. Jorn said city revenues do not keep pace with the increase in expenditures. .
While quite a few proposed expenditures were cut from the budget, Jorn said some were approved including a new vehicle for the Police Department and a new radio system. A new mower with bagger for the cemetery, a security system or the library and upgrades to the tennis court at Grandview Park.
One increase noted in the budget was a 5-percent increase in health insurance premiums for city employees and an estimated 2.5 percent wage increase for employees.
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