(KNZA)--The Horton City Commission has approved for publication a proposed 2025 budget that calls for net expenditures of $5.7 million and a nearly 7.4 mill levy decrease.

The Commission took the action when they meet August 19th.

The proposed budget contains an estimated tax rate of 48.6 mills, which is the revenue neutral rate.

The budget calls for the city to collect about $456,000 in local tax revenue. The city's assessed valuation increased $1.2 million to nearly $9.4 million.

The commission will consider adoption of the budget following a public hearing at their September 16 meeting.