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Walnut City Council approves FY21-22 property tax levy increase

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February 12th, 2021 by Ric Hanson

The Walnut City Council, Thursday evening, held a Public Hearing on the proposed FY 2021-22 City Property Tax Levy, which, according to City Clerk Shannon Wood, amounts to an increase of about a nickel per $1,000 assessed valuation. She said the increase is due to one factor over which they have very little control.

Of the four Council members present, the vote was unanimous to approve the levy as proposed. Afterward, the Council held more discussion on the FY 2021-22 Budget, which Wood says was helpful for the latest member of the Council.

The next, regular meeting of the Walnut City Council is March 4th, which presents a problem, timeline-wise.