City Council Establishes Cap on Property Tax Levy

The Des Moines City Council has set a property tax levy cap of $113,870,257 for fiscal year 2021, announced on February 20, 2020. This decision follows a public hearing held on February 10, where residents expressed their views on the tax implications. The new levy represents a minimum reduction of $0. 10 from the previous fiscal year, showcasing the council's effort to alleviate financial pressure on local homeowners. The council plans to finalize the budget during a public hearing on March 23, 2020, ensuring community input continues to be a priority in fiscal planning.

The Finance Department's website offers additional resources and information regarding the tax cap, reflecting a commitment to transparency in city governance. This move is expected to positively impact many residents, emphasizing the city's focus on responsible financial management. The council's proactive approach to budgeting is an essential aspect of maintaining community trust and support. Overall, this initiative aims to balance effective city services with the financial well-being of Des Moines residents.