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Marshall Helmberger
TOWER The city council, here, on Monday, gave final approval to a 2021 levy of $394,761, representing no increase over the current year’s property tax assessment. At the same time, the council approved a 2021 budget that includes $3.94 million in revenue and total expenditures of $3.575 million.
“There are lots of different ways that the city of Tower gets revenue and the property tax is only one part of it,” said Tower Clerk-Treasurer Victoria Ranua, noting that the property tax levy is set to generate only about ten percent of the city’s expected revenues in 2021. Grants, state and county aids, fees for services, and leases make up the bulk of city revenue each year.