HomeMy WebLinkAbout~Master - Setting April 11, 2023 as Date of Public Hearing to Adopt a Maximum City Property Tax Levy for FY 2023/2024 RESOLUTION NO. 23-164
RESOLUTION SETTING APRIL 11, 2023,AS THE DATE OF PUBLIC HEARING TO
ADOPT A MAXIMUM CITY PROPERTY TAX LEVY FOR FISCAL YEAR 2023/2024...
FOR THE CITY OF AMES,IOWA
WHEREAS, during the 2019 Legislative session, changes were made to the Code of Iowa
that altered the process for adoption of annual budgets for cities. One of stated purposes of the new
legislation was to improve transparency and disclosure of proposed property tax increases for local
government; and,
WHEREAS, per Iowa Code section 384.15A, cities must now hold a public hearing and
adopt a maximum property tax levy in any year the city expects to adopt a budget that includes a
levy of property taxes (excluding debt service) exceeding 102 percent of the prior budget.
Additionally, the Code requires that notice of the hearing be included on the City internet site
and primary social media account. The approval of the maximum levy requires a two-thirds
majority vote of the Council.
WHEREAS, as a growing City, Ames routinely adopts a budget that includes a levy of
property taxes that exceeds 102 percent of the prior year.Ames has also followed a longtime policy
of complete and full disclosure for the proposed and adopted budget,including the levy of property
taxes and the impact on the various classes of property. Because of this, compliance with the Iowa
Code changes fits within our established budget process,but will require an additional hearing and
posting of property tax levy information in the format established by the State of Iowa; and,
WHEREAS, the deadline for adoption of the FY 2023/24 budget was extended by the
Legislature this year from March 31 to April 30. This extension was to allow for additional time
for cities to review their budgets and make modifications that resulted from the change in the
residential rollback calculations; and,
WHEREAS, in order to comply with the statutory completion guidelines, staff anticipates
holding the maximum levy hearing on April 11, and at the same meeting setting April 25 as the
date of public hearing for the final adoption of the budget. Assuming there are no material
changes or challenges, and the budget is adopted April 25, staff anticipates submitting the
required documents to the Iowa Department of Management and the Story County Auditor for
approval immediately following the April 25 meeting.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that resolution setting April 11, 2023 as the date of Public Hearing to adopt a maximum city
property Tax Levy for Fiscal Year 2023/24 is hereby approved.
ADOPTED THIS 281h day of March, 2023.
Renee kall, City Clerk John A. Haila, Mayor
Introduced by: Beatty-Hansen
Seconded by: Betcher
Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Junck, Rollins
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 28th day of March, 2023.