City Council - Regular Meeting

Bernstein here. Bertrand.e. Rayford. Shaner her Scott here. We're here to conduct a hearing. Anyone may address the council on the agenda item.ac Speakers should approh the podium one at a. time and be recognized Please provide your name for the record andme then offer your statent. I'll move the hearing resolutiond approving the propose fiscal year t 2627 proposed propertyax levy of the City ofte Sioux Cit, Iowa Sta of Iowa. Second.av Julie. Got it. I do he a smallco presentation, just a uple of slides.I That's right. Okay. just wantedat to first point out wh we proposed to you backth on February 28th at e operating hearing.ro So at that time, we pposed a levy of 15.59, o the max levy that wentut to citizens was at 15.89798.nt However, since we we through all of our wrap up, we've determined w that the actual levyill bet 15.51392. So the impac00 to a 100 each, $100,0xa assessed value or table value for a resident3. is a decrease of $110, And for commercial $30000, which ise now how they evaluatit for taxable is a decrease of $399. So It. just wanted to note tha And then justat for everybody's informion, the ten year averageac is 15.7786. We were tually below the ten yearha average. So this is wt the levy has looked like for Sioux City for the last ten years. And we arewe below that. So if you re to go back to 2018 and take inflation into account, what woulde? inflation the standard b Well, it's reallyse difficult to tell becau we also have theck rollback. So the rollba helps us and hurts us in some years.s Okay. Yep. It adjusts uup and down. I don't

I can'tth tell you that for sure is year. It certainly has helped us. Last year it did not. But yeah, we probably have seen aur steady increase of our o, you know, requestso for propery taxes 2 t3% each year. But that rollback really creates that, that up and down slide.ph Can you pull that microone down? Rick, we got to hear your question on t the recording. You pullhat down. I just said does it does. Does the media have the slide?em I did not send it to th. But if they're here today, they can get it or I can provide it to them in some form or another. Yep. I can ask Anne for a listingnd of all the media and se out those two slides to them. Thank you.ns Absolutel. Any questio from council?ha Oh great job. Okay. Tnk you for all yourwo hard work. Mike's had rk,bl effective fiscal and puic policies, hard work. Allin council members, the fance staff, Sarah and her staff t dos a ton of work onhe budget, as well as all w the other directos thatork together. So Sarah, Sarah tends to be Y the unsung, unsung hero.es,av she and Tiffany, they he the hard conversations with the departments andng sometimes they come alo and sometimes they don't.re So but they've done a ally good job this year. Okay, well, some of us got to go backto wo. Everybody desers their credit. They do. They y absolutely do. Marissa,ou're wearing two hats. I don't know if everybody remembers that. Yes.ag Interim assistant city maner and director of q finance both. I guess theuote that we want tohe make sure that gets out tre is that we, as the city hasa done our our share. It's three leggedha stool. We have done our sre. And as everyone t knows, it's up now tohe county and to the school board to do their share.tt The school board is siing on a unrestricted s surplus that they need topend down. They. We've had thoseo discussions. They need t spend it, and the county needs to do theirg job and curb their spendin and follow suit. a The citizens of

Sioux Citynd the county areis demanding this, and we ltened. As a new council. We should be t proud of these efforts andhey need to follow suit.ot I move, e adjourn. You g a vote.if You got to vote. Vote certied. It's electronic. Hearing is closed. He's got to go out. Very nice. Go. Down, don't you? Passes 4 to 0. Ike is gone.d. I move, we adjourn secon Bertrand I Shaner, I Scott Bernstein, I.