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ZEELAND Zeeland officials voted to keep the city s tax rate steady, extending what was originally a temporary one-year tax cut of 1 mill for another year.
The tax cut is council s attempt to provide some economic relief to residents during the COVID-19 pandemic.
City council approved the next fiscal year s budget, which included a tax rate of 10.1354 mills, at its May 3 meeting. Zeeland s fiscal year begins July 1.
Property values are rising in the city, resulting in a projected increase in property tax revenue of $120,000 for the next fiscal year.
Offsetting that income boost, however, are projected decreases in the amount of interest the city expects to earn on its investments and the amount of state revenue-sharing dollars it receives as a slice of the state s sales tax collection.