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Taxation <br />- <br />in <br />- <br />Purpose of Truth <br />All cities with a population greater than 500 have to hold a public budget hearing, where property owners may speakThe city staff must discuss the proposed budget, the proposed property <br /> tax levy, and the impact on taxpayers. After the hearing, the City Council must adopt a final budget and property tax levy for certification to the county. <br />Property valuation is addressed at the Local Board of Equalization in April and May. <br /> <br />