Iowa Department of Management
NOTICE OF PUBLIC HEARING -PROPOSED PROPERTY TAX LEVY CITY CODE HELP
Van Horne Fiscal Year July 1, 2020 – June 30, 2021 06-043
The City Council will conduct a public hearing on the proposed Fiscal Year City property tax levy as follows:

• Meeting Date: 2/17/2020
• Meeting Time: 6:30 p.m.
• Meeting Location: Van Horne City Hall

At the public hearing any resident or taxpayer may present objections to, or arguments in favor of the proposed tax levy.nAfter adoption of the proposed tax levy, the Council will publish notice and hold a hearing on the proposed city budget.

Web Site: www.https://www.vanhorne-ia.com 

City Telephone Number: 319-228-8238

Iowa Department of Management Current Year Certified Property Tax Budget Year Effective Property Tax Budget Year Proposed Maximum Property Tax Annual
2019/2020 2020/2021** 2020/2021 % CHG
Regular Taxable Valuation 1 21,538,584 23,378,631 23,378,631

Tax Levies:
Regular General 2 $174,463 $174,463 $189,367 $8.10000
Contract for Use of Bridge 3 $0 $0 $0.00000
Opr & Maint Publicly Owned Transit 4 $0 $0 $0.00000
Rent, Ins. Maint. Of Non-Owned Civ. Ctr. 5 $0 $0 $3,156 $0.13500
Opr & Maint of City-Owned Civic Center 6 $2,908 $2,908 $0.00000
Planning a Sanitary Disposal Project 7 $0 $0 $0.00000
Liability, Property & Self-Insurance Costs 8 $33,895 $33,895 $42,274 $1.80823
Support of Local Emer. Mgmt. Commission 9 $0 $0 $0.00000
Emergency 10 $5,815 $5,815 $6,312 $0.26999
Police & Fire Retirement 11 $0 $0 $0.00000
FICA & IPERS 12 $20,337 $20,337 $20,947 $0.89599
Other Employee Benefits 13 $40,000 $40,000 $40,000 $1.71096

*Total 384.15A Maximum Tax Levy 14 $277,418 $277,418 $302,056 8.88%
Calculated 384.15A MaximumTax Rate 15 $12.88005 $11.86631 $12.92017

Explanation of significant increases in the budget: Increase in insurance cost

If applicable, the above notice also available online at:
www.vanhorne-ia.com

*Total city tax rate will also include voted general fund levy, debt service levy, and capital improvement reserve levy
**Budget year effective property tax rate is the rate that would be assessed for these levies if the dollars requested is not changed in the coming
budget year