With no written or oral comments about the proposed budget estimate for fiscal year 2020-21, the Hubbard City Council proceeded to approve the budget and certification of city taxes at a public hearing on Monday.
The City of Hubbard will be asking for $11.71672 per $1,000 of taxable valuation. That's an increase over the current year's levy, which is $11.19867. The City expects revenues to total $1,714,639, and a 2021 ending fund balance of $1,763,626. Of that, $249,290 will be coming from property taxes. The rest will come from other revenue sources such as other city taxes, licenses and permits, charges for fees and services, and special assessments.