About the City BudgetEach year, the City prepares a budget that accounts for the City's anticipated expenses and revenues for the upcoming fiscal year. In conformance with the Code of Iowa, the City must produce a balanced budget for each fiscal year, which runs from July 1 through June 30.
See the Budget
Understand the Budget
- View budget glossary
Coralville City Budget: First of Two Hearings Held
The public hearing for the proposed budget, including rate changes, is February 22. On March 8, the City Council will vote on adopting the budget. Read on...
Coralville City Budget Planning Open to the Public
City Council meetings include a presentation of proposed FY2023 budget, property tax levy public hearing, public hearing for the budget, and Council vote on adopting the budget. Read on...
Public Hearing on February 8 for Proposed Property Tax Levy
The City Council is not proposing a change to the property tax levy rate this year. Read on...
Attend, Comment, or Watch
- Attend City Council meetings (second and fourth Tuesdays of the month) and speak during the community comment period (a time for public comment, but not discussion; it is a violation of open meeting laws for the Council to discuss items not on the agenda).
- Attend City Council work sessions, held immediately following most council meetings.
- Attend and comment at the public budget hearing.
- Submit written comments no later than 5:00 pm on the day of the meeting to City Clerk Thor Johnson, firstname.lastname@example.org, or at 1512 7th Street, Coralville, IA 52241.
- To comment in person at meetings during Community Comments or Public Hearings, come to City Hall for the meeting.
- Coralville City Council meetings are open to all individuals regardless of language spoken or disability. Any person requiring a reasonable accommodation to participate should contact the City Clerk’s office at 319.248.1700 email email@example.com at least two business days prior to the meeting.
- View City Council meetings live and rebroadcast on cable television at Mediacom 118-8, or online at www.coralville.org/coralvision
- View City Council agendas, minutes, and work session notes.
- View live and rebroadcast City Council meetings on CoralVision (Mediacom 118-8 digital) or online.
|September & October||Departments begin budget review|
|November & December||Departments submit budget requests, requests are reviewed, and revenues are projected|
|January||City Council discusses budget at work sessions|
|January 25, 2022||Set the maximum property tax levy hearing at the City Council meeting|
|February 8, 2022||Hold the maximum property tax levy hearing at the City Council meeting|
|February 8, 2022||Public presentation of proposed budget at the City Council meeting.|
|February 22, 2022||Hold the public hearing of proposed budget at the City Council meeting|
|March 8, 2022||City Council votes on adopting budget at the City Council meeting|
|By March 31||Deadline to file budget with Johnson County Auditor and with the State|
|July 1||Budget goes into effect (July 1-June 30)|
What Is the Proposed Property Tax Levy Hearing?
Tuesday, February 8, 2022 at 6:30 pm
The property tax levy hearing was a new step in the budget process added through state legislation passed in May 2019; this additional step aims to further notify the public about property tax changes.;
The public hearing for the proposed Fiscal Year 2023 property tax levy is scheduled for:
City Council meeting
Tuesday, February 8, 2022 at 6:30 pm
Coralville City Hall, 1512 7th Street
At the public hearing, any resident or taxpayer may present objections to, or arguments in favor of, the proposed tax levy. After adoption of the proposed property tax levy, the Council will publish notice and hold a hearing on the proposed city budget.
View the FY23 Maximum Property Tax Levy Hearing Notice (PDF)
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 2023 and calculates the tax rate that would produce.
- The third column shows the property tax dollars and rate proposed for Fiscal Year 2023, including a calculation of the percentage change.
City Council Passes Resolution for Maximum Property Tax Levy
Resolution 2022-14 establishing the maximum property tax dollars for levy for the Fiscal Year 2023 budget was passed unanimously by the City Council at its regular meeting at 6:30 pm on February 8, 2022. View the resolution (PDF)