© 2022 WVIK
Listen at 90.3 FM and 105.7 FM in the Quad Cities, 95.9 FM in Dubuque, or on the WVIK app!
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
Government

Davenport Considers Maximum Property Tax Rate

davenport_logo_2020.jpg

Property taxes for residents of Davenport will probably not go up next year, and could even go down. Wednesday night the city council discussed setting the maximum tax rate at $16.78 per $1,000 of taxable value - the same as this year.

Chief Financial Officer Mallory Merritt says that's despite some wage increases required by city worker contracts and cost increases for some of the services the city provides.

"I would say that's really the result of some very conservative budgeting practices that we've had in place for several years, along with some property tax growth in our community."

Merritt says the council could approve the maximum levy next week, in preparation for final work on the new budget in March, including a public hearing and final adoption.

Local governments in Iowa are required to submit their proposed budgets to the state by March 31st.