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City council approves $10.8 million City of Decorah budget for next fiscal year

Posted: Sun, Mar 4, 2018 2:48 PM

The Decorah City Council has given its unanimous approval to a city budget for next fiscal year of $10,819,341.  The budget reflects a decrease of $35,531 in spending from this year's city budget of $10,854,872.

Next year's property tax levy for city purposes is $14.08 per thousand, a decrease of 6 cents per $1,000 of assessed valuation.  The decrease is due largely to a higher total valuation of property in the city.  Decorah's taxable valuations increased this year by 8.4 percent, or $27,066,549. These valuations are set by the County Assessor and a countywide committee.

There were no public comments Monday night at a public hearing on the 2019 fiscal year budget and the city council approved the budget unanimously.