By CHASE JORDAN
The Daily Union
CHAPMAN — Residents can expect to pay less than a dollar more in property taxes in 2014.
The Chapman City Council approved the 2014 budget Wednesday night with a 40.355 mill levy. It’s a .027 increase from the current rate of 40.328.
For a homeowner with a $100,000 home, the increase is 31 cents.
Mayor Philip Weishaar said he is pleased with the budget.
“We feel that we held the mil levy to practically the same compared to last year,” Weishaar said. “We have something that’s going to continue to grow to help us meet our needs.”
City Administrator Gerry Bieker said it was a pleasant budget season, which rolled fast. He also said the council did a good job putting it together.
“We’ve worked extra hard to keep the mill levy where it’s at and to keep utility funds going in the right direction,” Bieker said. “All in all, it’s a good budget for the city.”
The 2014 budget includes more than $736,000 in the general fund. Documents show that 24 percent is going to the golf course and another 24 percent toward the police department. Administration take up about 23 percent of the general fund.
The total amount of expenditures is $3.4 million. According to projections, electricity makes up about 43 percent, followed by general expenditures (22 percent) and water utility (8 percent).
The total assessed valuation under the 2014 budget is $7.4 million.