A proposed property tax rate has been put forward, with a value of $0.790416. This rate is the same as the previous year. A city manager presented a budget draft, which includes a projected surplus.

The surplus is around $203,000, based on the current tax rate. Further details about the budget and tax rate are available. The city manager discussed the impact of increased property valuations on the city's debt service.

The proposed tax rate is expected to have a relatively small effect on the average homestead, with an estimated difference of around $23.