(KLZA)--Following two public hearings drawing no input from the public Wednesday evening the Falls City Council voted 7-0 to approve the 2020-21 Fiscal Year Property Tax Levy and Budget.

The total property tax levy will be $712,594 which is an increase of 1 percent or just over $3,800.  The property tax levy will be 44.27 cents per $100 of assessed valuation which is one percent less.

The valuation of  property within the city limits of Falls City increased $2,892,554 to $160,948,468.

The total operating budget for the City will be $28,837,114 which is a decrease of $2,571,306.

The Council also approved one of the years major expenses which is the city insurance policy which totals $312,563. Only one bid  was received for the insurance.