The Linn County Board of Supervisors approved Linn County's fiscal year 2020 budget on March 13, 2019, following the final public hearing for the FY20 budget, which runs July 1, 2019 to June 30, 2020. Linn County's total budget for FY20 is $157,251,000.
Linn County's FY20 budget planning began in November 2019 led by Linn County Budget Director and CPA Dawn Jindrich. The budget was developed through more than 20 public meetings between the Linn County Board of Supervisors, other Linn County elected officials and department heads.
Linn County government accounts for approximately 16 percent of property taxes paid by Linn County property owners in incorporated areas. The remaining 84 percent of property taxes goes to the property taxpayer's city of residence, school district and other taxing bodies in the county. Linn County taxes represent slightly more than one-third of property taxes for rural residents.
Fiscal Year 2020 Budget
Fiscal Year 2020 Budget Summary:
- Budget of $157.3 million – an increase of 33.3 percent from last year due to the new Public Health and Child & Youth Development Services building that is scheduled to be completed this year
- Countywide levy rate of $5.84 is the same as in FY19
- Rural levy rate remains unchanged at $2.71 and includes a reduction of one dollar for rural residents from the Local Option Sales Tax allocation
- Impact to homeowner: An increase of 2.3 percent due to a change in state residential rollback
- Commercial and industrial property taxes remain unchanged
- Farmland taxes will increase 3.1 percent due to a change in state agricultural rollback
- Property taxes levied: $68.9 million, an increase of 3.9 percent from FY19
- Property taxes account for 58 percent of Linn County’s budget
- Local Option Sales Tax revenue of $2.7 million is budgeted for road construction; $1.5 million for Conservation projects; and $1.5 million in property tax relief for rural residents
- Achieves goal of general fund ending balance of 25 percent
- Linn County’s 2020 fiscal year runs July 1, 2019 to June 30, 2020
The FY20 Budget Presentation PowerPoint (PDF) provides a budget summary including graphs for revenues and expenditures, 10-year countywide taxable valuation growth trends, and more.
Linn County has successfully maintained it Aaa bond rating (the highest rating possible) and has received the following awards from the Government Finance Officers Association for consistently exercising sound financial management and reporting:
- Certificate of Achievement for Excellence in Financial Reporting - 29 consecutive years
- Distinguished Budget Presentation Award - 23 consecutive years
- Outstanding Achievement in Popular Annual Financial Reporting - 20 consecutive years