HomeMy WebLinkAbout2023-107-02.20.2023Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo,
IA 50703, 319-291-4323.
RESOLUTION NO. 2023-107
RESOLUTION APPROVING THE MAXIMUM PROPERTY
TAX ASKINGS AS DEFINED UNDER IOWA CODE SECTION
384.15A IN THE AMOUNT OF $42,260,443.00, AN INCREASE
IN APPLICABLE COLLECTIONS OF $5,091,360.00, OR 13.69
PERCENT FOR THE BUDGET YEAR ENDING JUNE 30, 2024.
WHEREAS, the City Council of the City of Waterloo, Iowa has considered the proposed
FY 2024 city maximum property tax dollars for the affected levy total, and
WHEREAS, a notice concerning the proposed city maximum property tax dollars was
published in the Waterloo Courier February 8, 2023, and posted on the city web site and social
media account, as required by law, and
WHEREAS, a public hearing concerning the proposed city maximum property tax dollars
was held on February 20, 2023.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
WATERLOO, IOWA, that the maximum property tax dollars for the affected tax levies for FY
2024 shall not exceed the following total:
Total maximum levy for affected property tax levies - $42,260,443.00.
The Maximum Property Tax dollars requested in the total maximum levy for affected
property tax levies for FY 2024 represents an increase in total collections $5,091,360.00, or
13.69%, of the Maximum Property Tax dollars requested for the year ending June 30, 2024. The
roll was called and the vote was,
AYES: Boesen, Nichols, Chiles, Grieder, Wilder and Feuss
NAYS: None
PASSED AND ADOPTED this 20th day of February 2023.
Ray Feuss, Mayor Pro Tem
ATTEST:
,e6),9 i chef&
LeAnn M. Even, Deputy City Clerk
SEAL