Hefty property tax increase on horizon

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News

August 5, 2014 - 12:00 AM

HUMBOLDT — Property taxes will rise for Humboldt residents in 2015, and water and sewer rates aren’t far behind.
Humboldt City Council members, gathering for a special meeting Monday, approved for publication the city’s 2015 spending plan, which includes a planned 8-mill increase.
The proposed budget — including $3,550,806 in spending authority — utilizes an ad valorem tax levy of about 83.555 mills, compared to the 2014 levy of 75.471 mills.
That means the owner of a $100,000 home will spend about $93 more in…

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