The City of North Newton has its budget ready to go, and is planning a small increase in the tax levy. The millage rate will be going up about a third of a mill, which is less than one percent, city manager John Torline said.
The valuation of the property in the city has gone up a little, so the budget continues to grow a little each year with minimal increases in the tax rate.
The city's proposed budget for 2014 calls for $2,492,195 in expenses, and a millage rate of 32.8. The budget for 2013 was $2,221,247 with a millage rate of 32.4. The budget for 2012 came in at $2,119,372.
There will be a public hearing on the budget at 7 p.m. Aug. 12 at North Newton City Hall, for citizens to give input.
After the public hearing the budget will get final approval, probably at a later meeting. After the hearing, the tax levy could be lowered, but not increased, according to state regulations.
This budget includes water and sewer programs. The city of North Newton is still in talks with the city of Newton over sewer treatment it owes to Newton. They are talking about how much that figure should be. North Newton is also in the process of creating its own water system so it will not be dependent on Newton.
Torline said the reason for that is economics, after a study showed they could save money by creating their own system instead of being tied to Newton.