Hearing set for a reduction in levy rates in Ottumwa
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Published: Jan. 21, 2022 at 7:40 PM CST
OTTUMWA, Iowa (KYOU) -City leaders have set a public hearing for Tuesday, February 1 at 5:30 PM in Council Chambers.
They are required to pass a resolution establishing their maximum property tax dollars for certain levies.
The proposed levy rate is a reduction of at least $1.00 to property tax rates.
According to a city press release, this is the largest tax cut in recent history and is the second year in a row for a reduction in the rates.
City leaders are staying committed to finding new revenue sources while reducing taxes for the citizens, businesses, and economic development.
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