(KNZA)--Horton's proposed city budget for 2026 will put the city's property tax levy at the state-mandated " revenue neutral rate."

In a special meeting August 11th, a release says the Horton City Commission was able to cut proposed expenses to meet the city's revenue neutral rate of 44.5 mills.

The mill rate is a 4 mill decrease over the 2025 levy.

The proposed budget calls for the city to collect $456,000 in tax revenue, the same as 2025.

The city's assessed valuation increased nearly $841,000 to $10.2 million.

The Commission will consider adoption of the budget following a public hearing at their September 2nd meeting.