Already faced with higher water and electric bills, Iolans will be asked to pay more in property taxes to support the city’s 2016 budget.
City Council members voted, 5-2, Monday to schedule an Aug. 10 hearing to spell out Iola’s spending plan for the upcoming fiscal year. If approved, the budget will incorporate an ad valorem tax levy increase of more than 2 mills.
Spending for next year will be nearly static. Iola’s general fund levy for 2016 was pegged at $6,642,690, about $12,000 more than 2015.
That came after City…
Property taxes on the rise
