FD council to act on $117M budget

Includes property tax rate hike

Months of number-crunching will conclude this evening when the Fort Dodge City Council acts on the proposed budget for fiscal year 2024-2025.

The budget calls for spending about $117.6 million.

It includes a property tax rate of $20.95 per $1,000 of taxable value.

The council’s work will begin at 5:30 p.m. in the Municipal Building, 819 First Ave. S., with a workshop on the budget.

The council’s regular business meeting will begin at 6 p.m.

The budget is for the fiscal year that will begin July 1 and conclude June 30, 2025.

The total spending is set at $117,623,294.

That’s down from the current year’s spending of about $161 million.

However, the property tax rate will be up about 20 cents from the current rate of $20.74 per $1,000 of taxable value.

The city’s property tax rate hit $20.95 per $1,000 of taxable value previously, in 2016.

The budget also includes revenue from water and sanitary sewer rate increases that went into effect on Jan. 1. At that time, water rates went up 8 percent and sanitary sewer rates went up 6 percent.

The proposed budget is far from the only thing on tonight’s agenda.

The council will consider a development agreement with Nestle Purina PetCare for an expansion of its plant at 2400 Fifth Ave. S.

Under the agreement, the company will invest a minimum of $175 million in the plant and create 50 new jobs.

In return, the city would give the company $1.6 million over 10 years. That money would come from tax increment financing.

The council will also consider the second reading of measures to adopt an updated fire code and impose some regulations on dog breeders.


Today's breaking news and more in your inbox

I'm interested in (please check all that apply)
Are you a paying subscriber to the newspaper? *

Starting at $2.99/week.

Subscribe Today