FY25 Proposed Budget

Revenue Comparisons

Revenue Comparisons are done on the ten (10) largest cities in Iowa and our neighboring cities of Coralville and North Liberty.

Property Tax Rate Comparison (Levy Rate per $1,000 Valuation)

FY24 Tax Rate

FY24/FY23 % Change

City

Rank

Waterloo

19.730 10.201 18.260 15.765 16.246 11.452 16.780 16.610 15.633 14.312 10.900 9.901

1

4.00% 3.78% 2.44% 2.24% 1.90% 1.37% 1.17% 0.00% 0.00% 0.00% 0.00% -0.46%

Ames

11

Council Bluffs

2 7

Sioux City Dubuque

12

Cedar Rapids North Liberty Davenport Des Moines Iowa City

5 9 3 4 6 8

Coralville

West Des Moines

10

FY2024 Estimated General Fund Revenue FY2024 Adopted Budget

Debt Proceeds/

Per Capita Revenue*

Per Cap. Rank

Transfers In

Asset Sales

Total Revenues

City

Revenues

Dubuque Coralville

$72,831,603 $10,786,963 $56,389 $83,674,955 $1,402.37 1

$25,098,579 $5,772,523 $55,496,360 $20,704,599

$0 $30,871,102 $1,383.24 2 $0 $76,200,959 $1,213.41 3

Council Bluffs Cedar Rapids

$122,218,734 $44,168,418 $120,000 $166,507,152 $1,209.11 4 West Des Moines $68,715,501 $13,523,061 $27,500 $82,266,062 $1,197.07 5 Sioux City $66,465,658 $26,860,278 $135,563 $93,461,499 $1,089.33 6 Waterloo $58,661,016 $11,538,127 $85,000 $70,284,143 $1,044.12 7 Des Moines $160,991,908 $60,993,234 $17,000 $222,002,142 $1,036.75 8 Iowa City $59,928,356 $13,458,716 $445,400 $73,832,472 $986.70 9 North Liberty $14,624,215 $4,781,489 $0 $19,405,704 $947.59 10 Davenport $65,685,387 $25,633,107 $0 $91,318,494 $897.71 11 Ames $34,026,884 $8,740,084 $0 $42,766,968 $643.82 12

679