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Mar 17

City Approves FY 17-18 Budget; 2.5% Pay Increase For City Employees

Humboldt, Iowa – The Humboldt City Council unanimously approved the city-wide budget Monday, adopting the 12.8 million document during their special meeting.

The tax rate levy for the city increased to $17.77 per $1,000 of taxable valuation, which is a .37 cent increase from last year.

The 2017-18 budget also has a $750,000 exception in it for a downtown streetscape improvements project, which has been talked about frequently as of late at Humboldt City Council meetings.

In the budget there is also a 2.5% pay increase for city employees, that will go into effect for 2017-18.

 

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