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Courier Communications
100 East 4th Street, Waterloo, Iowa 50703
Black Hawk County
I do solemnly swear that the annexed copy of notice was published in
the WATERLOO/CEDAR FALLS COURIER, a daily newspaper
printed in WATERLOO, Black Hawk County, Iowa, and that the
annexed rate of advertising is the regular legal rate of said
newspaper, and that the following is a correct bill for publishing said
notice.
Waterloo, City of - Legals
715 MULBERRY ST.
WATERLOO IA 50703
ORDER NUMBER 209492
406 edetA,v1
(7/
Signed
Subscribed and sworn to before me this 25day o
Notary Public
Received of
the sum of
for publication of the above invoice.
Notary Seal:
Section: Legals
Category: 950 Legal Notice
PUBLISHED ON: 02/22/2022
TOTAL AD COST:
FILED ON:
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COMMISSION NO.833651
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2/23/2022
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NOTICE OF PUBLIC HEARING - CITY OF WATERLOO - PROPOSED PROPERTY TAX LEVY
Fiscal Year July 1, 2022 - June 30, 2023
The City Council will conduct a public hearing on the proposed Fiscal Year City property tax levy
as follows•
Meeting Date: 3/7/2022 Meeting Time: 05:30. PM
Meeting Location .City Hall Council Chambers 715 Mulberry Street
At the public hearing any resident or taxpayer may present objections to, or arguments in favor of
the proposed tax levy. After adoption of the proposed tax levy the City Councirwill publish notice
and hold a hearing on the proposed city budget.
City Websrte (if available) City Telephone Number
httpsJ/www.cityofwaterlooiowa.com (319) 291-4323
Current
Certified
Year
Budget
Property
2022
Effective
Year
023
Tax
Budget
Property
2022
Proposed
Maximum
-
2023
Year
Tax
Annual
% CHG
Property
2021
022
Tax
Regular
Taxable
Valuation
2,344,836,606
2,389,932,778
2,389,932
778
Tax
Levies:
Regular
General
18,993,177
1
93,177
19,358,456
Contract
for
Use
of
Bridge
0
Opr
&
Maint
Publicly
awned
Transit.
1,462,588
1,462,588
1,521,092
Rent,
Ins. Maint.
Cif
Non
-Owned
Civ. Ctr.
0
Opr &
Main
of
City
-Owned
Civic
Center.
0
Planning
a Sanitary.
Disposal
Project
0
Liability
Property
Self
-Insurance
Costs
1,630,969
1,630,969
1,707,249
96,187
96,187
96187
Support
of
Local
Emer.
Mgmt.
Commission
Emergency
633,106
633,106
645,282
4,953,297
4,953,297
4,647,990
Police.&
Fire
Retirement
2,178,526
2,178,526
FICA
&
IPERS
2,178,526
Other
Employee
Benefits
5,778,931
5,778,931
8,869,694
Total
Tax Levy
35,726,781
35,726,781
39,024,476
9.23
Tax
Rate
15.23636
14.94886
16.32869
Explanation of significant increases in the budget
Increased personnel costs: $1,341,152 Increases in Commodities/Contractual costs, including
ambulance service fees, workers compensation insurance, liability rnsuranceand MET:
3952,813 Less increases in revenue, including ambulance fees, golf revenue, utility franchise
fees: $622361 Reduced use of general fund balance: $1,697,505
If applicable, the above notice also available online at:
httpsa/www.cityofwaterlooiowa comVFYF2023budget
'Total city tax rate will also include voted general fund levy, debt service levy, and capital
improvement reserve levy.
udget year effective property tax rate is the rate that would be assessed for these levees. if
the dollars requested is not changed in the coming budget year