NICK GOSNELL
Hutch Post
HUTCHINSON, Kan. — The City of Hutchinson will be collecting more actual dollars in taxes for its 2024 budget than it did in 2023. Exceeding the Revenue Neutral Rate was approved by the City Council on July 18.
"You have agreed to exceed the Revenue Neutral Rate for our mill levy," said Finance Director Angela Richard. "It was previously agreed that we would split it in between what it was for the 2023 budget and what the revenue neutral rate is. Before you, you see a lower mill levy than last year, but still not meeting the revenue neutral rate. In 2023, it was 41.555. We are proposing 40.326 and the Revenue Neutral Rate is 39.104."
That is the ceiling for the city's budget. They can always spend less and do so almost every year, but they can't spend more than what they said here from mill levy dollars.
"This resolution also sets the date of our budget hearing to Sept. 5," Richard said. "It must be between Aug. 20 and Sept. 20."
A complete proposed budget will be posted to the City’s website as soon as possible to give the City Council and citizens time to review before the budget hearing.
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