Finance

The City’s fiscal year runs from January 1st through December 31st. The City adopts the budget by August 25th of the year prior to the budgeted year. The City is audited each year by an accounting firm.

City Property Tax Mill Levy Rate - 2020

Revenue from the ad valorem property tax funds a significant portion of City operations. The ad valorem property tax mill levy rate is set during the annual budget process by the City Council.

City ObligationLevy
General Fund26.618
Bond and Interest1.915
Total28.533


Click here for additional information on neighboring Johnson County communities mill levies.*

*Note: Johnson County shows the current year mill levy rate as the preceding year due to December tax collections.

City Sales Tax Rate

  • City Sales Tax - 1.5%
  • State - 6.5%
  • County - 1.475%
  • Total: 9.475%

District Sales Tax Rates

  • TDD Number 1 (Price Chopper and Bella Roe Shops) - 10.475%
  • TDD Number 2 (Lowes) - 9.975%

Forms

  1. IRS W-9 (PDF)

Financial Documents

  1. Major and Minor Building Repair and Maintenance Policy (PDF)
  2. Non-recurring Revenue Policy (PDF)
  3. Purchasing Policy (PDF)
  4. Reserve Policy (PDF)