Laserfiche WebLink
9. The 2019.budget includes $20,000,00 for future improvements,. <br />10. Revenue and other expenditure line items adjusted based on past history. <br />These changes result in the City proposed preliminary tax levy of $474,589.00 for 2019. This <br />compares to 2018 preliminary.levy of $514,021.00 and 2018 Trial levy of.$453,651.00. Using a <br />2019 property tax levy of $474,589M and the City's 201.9 tax capacity ($1,166,544.00) and median. <br />valued home ($283,800.00) for Gera lake, that median valued home; that property woujd pay 2019 <br />City property taxes of $1,051,56 compared to 2018 preiiminary levy of $1,099.44 .(a decrease of <br />$47.88) and the 2018 final levy amount of $967.76 (an increase of $8180). <br />Again, as the City prepares it final 2019 budget the property tax levy can be lowered from the <br />Preliminary levy but not. iricr&ased above. the preliminary levy. So tonight, the City Council is <br />requested to pass a resolution adopting the.2019 preliminary property tax levy of $474,58.9.00. <br />Look for us on the World Wide. Web aQemfakemn.org <br />