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Redwood Falls Gazette - Redwood Falls - MN
  • City adopts 0% levy for 2014

  • When the budget committee for the City of Redwood Falls got together it took the levy information from this year and applied it to the plan for 2014.
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  • When the budget committee for the City of Redwood Falls got together it took the levy information from this year and applied it to the plan for 2014.
    What it ultimately came up with was a number that would work based on exactly the same levy amount as was approved in 2012 and paid in 2013. In other words, the budget committee proposal that came before the Redwood Falls city council Tuesday night was for a zero-percent increase.
    While the resolution ap-proving the levy amount is preliminary at this time, state law does not allow the levy to be increased when the final decision is made later this year. It can lower the levy limit, but it can’t go higher.
    The preliminary tax levy adopted by the council is in the amount of $2,116,934.
    While the amount is the same, Missi Meyer, city finance director said there were some changes in how the levy dollars allocations are being made.
    The current proposal includes a slight increase in the library fund, from $293,607 to $307,732.
    In addition to adopting the preliminary levy at its meeting, the city also adopted a resolution approving the preliminary budget for 2014.
    The current budget includes $43,938,041 in revenue with $44,739,797 in expenses. Meyer added the budget can also be changed before the end of the year.
    The final levy is set to be discussed at the Dec. 17  meeting at 6 p.m.
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