City looks for zero percent tax levy increase [UPDATED]Published 9:41am Wednesday, September 4, 2013 Updated 11:41am Wednesday, September 4, 2013
Zero percent. That’s the amount of increase, or lack thereof, that Fergus Falls taxpayers might see for their 2014 property tax levy.
The City Council Tuesday approved the proposed budget and tax levy for 2014. It also set a public meeting for 6 p.m. Dec. 2 to discuss the budget and tax levy before final approval is needed.
City Finance Director Bill Sonmor presented the proposed budget information Tuesday and made it clear that they’re talking about keeping the property tax levy the same as in 2013, which would be $4,702,107.
Even though the tax levy would remain the same, the overall city budget would increase about $3.2 million from $37.8 million in 2013 to $41 million in 2014.
One factor is Fergus Falls will see more Local Government Aid in 2014, about $59,000 more, to help out with general city operations. It’s about a 1.7 percent increase after the Legislature approved an $80 million increase in LGA back in May.