By: Matt Scher, [email protected]
Humboldt, IA – Humboldt City Council approved the upcoming fiscal year property tax levy at their Monday evening session on April 7.
The approved tax rate is $15.89 per $1,000 of assessed value. The figure is decrease from the previous fiscal year of $16.19. The decrease is due to House File 718 that was passed in 2024 as part of cuts to Iowa property taxes and limits the amount of money that can be brought in by municipalities.
The final hearing on the city’s proposed budget for the upcoming fiscal year is set for April 21.