The Eldora City Council voted unanimously to approve the fiscal year 2022 budget during a special meeting on Monday.
The budget calls for $5,450,141 in expenditures against $5,524,537 in revenues. The property tax levy will drop from $21.76 per $1,000 in taxable valuation last year to $21.48 this year for regular property. Ag land will remain the same at $3.00 per $1,000 in taxable valuation. FY 2022 begins July 1, 2021 and ends June 30, 2022.