CITYNAME Pleasantville Meeting Date: 3/9/2020 NOTICE OF PUBLIC HEARING PROPOSED PROPERIYTAXIEW CITY CODE 63-601 Fiscal Year July 1, 2020 -June: 30, 2021 The City Council will conduct a public hearing on the proposed Fiscal Year City property tax levy as follows: Att the, public hearing any resident ort taxpayer may present objections to, or arguments int favor of the proposed tax levy. After adoption of the proposed tax levy, the Council willp publish notice and hold al hearing on the proposed city budget. Meeting Time: 5:30pm Meeting Location: Council Chambers 108 W. Jackson St. Pleasantville, IA 50225 City Web Site (if available): lowa Department of Management City Telephone Number: Budget Year Tax 2020/2021** 53,512,841 $377,892 $0 $0 $0 $0 $0 $14,500 $0 $0 $0 $36,415 $54,149 $482,956 $9.02505 www. dscovepeasanwle.com (515)848-3316 Budget Year Proposed Maximum Property Tax 2020/2021 53,512,841 $433,454 Current Year Tax 2019/2020 46,653,371 $377,892 $0 $0 $0 $0 $0 $14,500 $0 $0 $0 $36,415 $54,149 $482,956 $10.35201 Certified Property Effective Property Annual %CHG Regular Taxable Valuation TaxL Levies: Regular General Contract for Use of Bridge Opr & Maint Publicly Owned" Transit Rent, Ins. Maint. Of Non-Owned Civ. Ctr. Opr & Maint of City-Owned Civic Center Planning a Sanitary Disposal Project Liability, Property & Self-Insurance Costs Support ofL Local Emer. Mgmt. Commission Emergency Police &F Fire Retirement FICA &I IPERS Other Employee Benefits 3 4 5 6 8 9 10 11 12 13 $19,500 $48,264 $70,131 $571,349 $10.67686 *Total 384.15A Maximum Tax Levy 14 Calculated 384.15A MaximumTax Rate 15 Explanation of significant increases in thel budget: Increased property valuations and increased insurance costs. Ifapplicable, the above notice also available online at: wwdscvepesamvlecon 18.30% *Total city taxr ratev willa alsoi include voted generalf fund levy, debts service levy, and capitali improvement reserve levy "Budgety year effective property tax ratei is ther ratet that would! be assessed fort thesel leviesi ifthe dollars requested is noto changed int thec coming budget year