Dubuque City Council Adopts Fiscal Year 2025 Budget

Dubuque City Council members on Monday adopted a fiscal year 2025 budget with the lowest property tax rate among Iowa’s largest cities. A report says the city council voted to adopt the budget, 7-0, following a public hearing at its regularly scheduled meeting. Council members approved a property tax rate of $9.93 per $1,000 of assessed value. That equates to $28.2 million in property tax revenue. The 0.25% increase in the property tax rate will equal a 5% tax increase for the average homeowner.