(KNZA)--The Hiawatha City Commission Monday evening unanimously adopted a 2026 budget that calls for city to collect about $20,000 in additional property taxes next year.

The Commission also unanimously adopted a resolution to exceed the revenue neutral rate.

Earlier during a hearing on exceeding the RNR, several residents voiced their concerns about increasing taxes and asked questions.

City resident Richard Schilling thanked the Commission for being transparent with the budget and keeping the mill levy down.

The budget contains an estimated tax rate of 36.3 mills, which is just over a half-mill above the revenue neutral rate.

The revenue neutral rate is the mill levy rate to generate the exact same amount of property tax revenue as the year before, using the current tax year's total assessed valuation.

The budget calls for the city to collect more than $1.3 million in tax revenue.

The city's assessed valuation increased nearly $1.8 million to more than $36.7 million.