gavel Notice of Public Hearing
Proposed Property Tax Levy — Fiscal Year July 1, 2023 - June 30, 2024.
Meeting Date
February 13, 2023
Meeting Time
5:30 PM
Meeting Location
City Hall, 200 S Main St, Lenox, IA
City Website
City Telephone
(641) 333-2228
The City Council will conduct a public hearing on the proposed Fiscal Year City property tax levy as follows:
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 Council will publish notice and hold a hearing on the proposed city budget.
| Category | Current Year Certified 2022-2023 |
Budget Year Effective 2023-2024 |
Budget Year Proposed Maximum 2023-2024 |
|---|---|---|---|
| Regular Taxable Valuation | $42,199,973 | $41,626,083 | $41,626,083 |
| Regular General | $341,820 | $341,820 | $337,172 |
| Opr & Maint of City-Owned Civic Center | $5,697 | $5,697 | $5,620 |
| Liability, Property & Self-Insurance Costs | $59,654 | $59,654 | $61,758 |
| Emergency | $11,394 | $11,394 | $11,239 |
| Police & Fire Retirement | $13,217 | $13,217 | $11,529 |
| FICA & IPERS | $38,740 | $38,740 | $37,656 |
| Other Employee Benefits | $39,412 | $39,412 | $39,834 |
| Total Tax Levy | $509,934 | $509,934 | $504,808 |
| Tax Rate | 12.08375 | 12.25035 | 12.12719 |
info Explanation
No increases to the budget.
link Online Availability
The above notice is also available online at: lenoxia.com
*Total city tax rate will also include voted general fund levy, debt service levy, and capital improvement reserve levy.
**Budget year effective property tax rate is the rate that would be assessed for these levies if the dollars requested is not changed in the coming budget year.