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Black Hawk County budget cruises to approval | Political News

Gold Investment Experts by Gold Investment Experts
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Black Hawk County budget cruises to approval | Political News
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Supervisor Tom Little supported the finances however stated he was involved about growing capital budgets and hiring new workers.

The finances included about $2 million in extra prices, largely resulting from across-the-board 2.75 % wage will increase and a few of the new positions and contracted companies. Nevertheless it largely was offset by a $1.1 million drop within the county’s debt funds and $700,000 discount within the psychological well being companies levy.

The finances raises the county’s share of city property tax fee from $6.30 to $6.33 per $1,000 of taxable property worth. The agricultural fee — a better quantity paid on property in unincorporated areas not topic to a metropolis tax invoice — goes from $9.88 to $9.98 per $1,000.

The proprietor of an city house with an assessed worth of $100,000 will see the county’s share of their property tax invoice drop from $359 to $349. The identical house within the rural space would see the county’s share of their invoice fall from $562 to $550.

Industrial and industrial properties will see a 0.5% enhance in county taxes beneath the proposed finances. Agricultural property will see a mean 2.6% enhance in county taxes.

The Board of Supervisors solely units the finances at tax fee for county authorities. Metropolis councils, faculty boards and several other smaller taxing our bodies undertake their very own budgets and levies.



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