Published by editor on Wed, 03/10/2021 - 8:22am
At their March 2 meeting, the Clarion City Council held a public hearing on their maximum property tax rate. For the second year per Iowa code, all cities are required to pass a resolution establishing their maximum property tax dollars for certain levies. The “Maximum Levy” applies to certain individual levies that the city uses, which total up to the overall tax levy. But it should be noted that not all levies are included in this calculation. The law created a 2% threshold that applies to the revenue derived from certain levies.