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City Keeps Mill Levy Unchanged

The Sidney City Council held a public hearing Tuesday on the proposed 2018-2019 city budget.

The City is facing cuts because of reductions in sales tax revenue and valuations. According to the budget summary presented to council, the 2017-2018 property tax request was $2,695,848.57 with a mill levy of .531496. For 2018-2019, the proposed mill levy is .531496.

The mill levy has increased from 2013-2014 at .412120 to the proposed 2018-2019 .531496. The state mill levy limit at 45 cents per $100 of value (excludes intergovernmental agreements), 50 cents per $100 of value (includes intergovern...

 

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