Edited release
03/19/25
The Coralville City Council will hold a public hearing for the proposed Fiscal Year 2026 property tax levy at a special meeting at 6:00 pm this Tuesday. The meeting will be held at Coralville City Hall, 1512 7th Street.
The property tax levy hearing is a step in the budget process to further notify the public about property tax changes. At the public hearing, any resident or taxpayer may present objections to, or arguments in favor of, the proposed tax levy.
The notice for the hearing contains three columns of information:
The first column shows the property tax dollars and rates for the current fiscal year.
The second column carries those same property tax dollars forward to Fiscal Year 2026 and calculates the tax rate that would produce.
The third column shows the property tax dollars and rate proposed for Fiscal Year 2026, including a calculation of the percentage change.
After adoption of the proposed property tax levy, the Council will publish notice and hold a hearing on the proposed city budget.
The property tax levy rate proposed by the City Council is $14.52739 per $1,000 of taxable valuation. This is a decrease from last year’s rate of $14.55016 per $1,000 of taxable valuation. Coralville’s property tax levy rate is established by the City, with limitations put into place by the Iowa Legislature.
Anyone is welcome to attend City Council meetings and participate in public hearings or speak during the designated community comments section of the meeting. Any person requiring a reasonable accommodation to participate should contact the City Clerk’s office at 319.248.1700 or tjohnson@coralville.org at least two business days prior to the meeting.
Visit www.coralville.org/budget to view the full schedule of the Fiscal Year 2026 budget and public hearing notices as they are published. To view City Council meeting agendas, minutes, and work session notes, visit www.coralville.org/citycouncil. Watch City Council meetings live on CoralVision Mediacom channel 118-8 digital, or live and on demand at www.coralville.org/coralvision.