Mill Levy Increase Approved
City Council hears Objection to Underground Utility Fee
September 22, 2021
The Sidney City Council held a public hearing Sept. 14 on the proposed 2021-22 budget.
The hearing included review of a resolution setting property tax different than the previous fiscal year, increasing restricted funds by 1 percent, appropriation of the 2021-2022 fiscal year budget and designation of depositories.
Following the hearing, the council approved setting the property tax at a mill levy of .586371. Of that amount, .334086 mills is budgeted to generate $1,432,850 for general purposes and .252285 to generate $1,101,156 for bonded indebtedness.
The council approved a resolution t...