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Mason City home owners to see property tax reduction

Mason City property owners received a bit of good news Tuesday after the Mason City City Council approved the budget for the year.

Posted: Mar. 6, 2018 9:49 PM
Updated: Mar. 7, 2018 7:19 AM

MASON CITY, Iowa - Mason City property owners received a bit of good news Tuesday after the Mason City City Council approved the budget for the year.
In the report given by Mason City Interim City Administrator and Finance Director Kevin Jacobson, he showed that property taxes on residents will be going down.
To give residents an idea of what they can be expecting to pay, he says a house valued at $100,000 is taxed about $780. He says that would drop to about $769, an $11 reduction.
Jacobson says this reduction would only be part of the city’s property taxes, which make up around 38 percent of what property taxes go toward.
Other entities that receive tax dollars include the public school system and NIACC.
The council also gave an update on the quiet zones project that has been in the works. City Engineer Mark Rahm says the project will start March 19, pending weather. He says the contractor will begin work on 4th St. SW. That intersection will then be permanently closed.
Rahm says the project is expected to be finished April 22 if weather cooperates.

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