Council sets preliminary levy increase at 8%
The Lake City City Council approved a preliminary property tax levy that’s 8 percent higher than this year.
State law requires local governments to set a preliminary levy before Sept. 30. The levy can be amended downward but not upward before a final levy is set before the end of the year.
City administration had prepared for the council a motion reflecting a 5.7% levy increase based on budget cuts made by the council at a previous workshop to bring the proposed increase down from a projected 10%.
Want to read the full article? Full access to lakecitygraphic.com is only $52 per year. If you live in Goodhue or Wabasha County, you'll receive the print edition in the mail each week at no additional charge. To begin, fill out the form below. Already a subscriber? Log in or request an account below.