The Linn County Board of Supervisors approved Linn County's fiscal year 2019 budget on March 14, 2018, following the final public hearing for the FY19 budget, which runs July 1, 2018 to June 30, 2019. Linn County's total budget for FY19 is $117,980,000 and includes a 30-cent reduction in the countywide levy rate due to a decrease in the mental health levy.
Linn County's FY19 budget planning began in November 2017 led by Linn County Budget Director and CPA Dawn Jindrich. The budget was developed through more than 20 public meetings between the Linn County Board of Supervisors, other Linn County elected officials and department heads.
Linn County government accounts for approximately 16 percent of property taxes paid by Linn County property owners in incorporated areas. The remaining 84 percent of property taxes goes to the property taxpayer's city of residence, school district and other taxing bodies in the county. Linn County taxes represent slightly more than one-third of property taxes for rural residents.
Fiscal Year 2019 Budget
Fiscal Year 2019 Budget Highlights:
- Budget of $117,980,000 – an increase of $6.6 million primarily in public safety, mental health and debt service
- Countywide levy rate reduced by 30 cents to $5.84 per $1,000 of taxable value; this is a 30-cent reduction from previous years where Linn County's countywide levy rate was $6.14 per $1,000 of taxable value for four years in a row (FY18, FY17, FY16 and FY15); the reduction is due to the mental health levy decrease
- Impact to homeowner: County property tax decrease of 7 percent for city residents and 6 percent for rural residents (this is a $38 decrease for the owner of a $150,000 home)
- Commercial and industrial property taxes decrease by 5 percent
- Farmland taxes will increase 11 percent due to the agricultural rollback, offsetting the countywide levy rate decrease
- Property taxes levied: $66 million, a decrease of $0.2 million or 0.4 percent from FY18 due to reduction in mental health levy
- Property taxes account for 58 percent of Linn County's budget
- Local Option Sales Tax projects budgeted at $3 million for road construction; $1.5 million for Conservation projects; and $1.5 million applied to property tax relief in the rural fund
- Achieves goal of general fund ending balance of 25 percent
- Linn County's 2019 fiscal year runs July 1, 2018 to June 30, 2019
The FY19 Budget Presentation PowerPoint (PDF) provides a budget summary including graphs for revenues and expenditures, 10-year countywide taxable valuation growth trends, and more.
More information is available in the news section of our website.
Linn County has successfully maintained it Aaa bond rating (the highest rating possible) and has received the following awards from the Government Finance Officers Association for consistently exercising sound financial management and reporting:
- Certificate of Achievement for Excellence in Financial Reporting - 28 consecutive years
- Distinguished Budget Presentation Award - 22 consecutive years
- Outstanding Achievement in Popular Annual Financial Reporting - 19 consecutive years