Coralville City Council Special Meeting (Mar. 24, 2026)

The City of Coralville, Iowa, held a special city council meeting on March 24, 2026, primarily to conduct a public hearing on the proposed fiscal year 2027 property tax levy. The hearing focused on setting the maximum property tax levy rate, which was proposed to increase from the previous year, with a maximum rate of $14.85 per $1,000 of taxable value. City officials explained that while the maximum levy is higher, the effective tax rate per $100,000 of property valuation is actually decreasing for both residential and commercial properties due to state rollback adjustments. Several community members expressed concerns about the impact of rising property taxes on local businesses and tenants, and the council clarified that the notices sent to property owners included hypothetical assumptions that may not reflect actual tax changes. The council also noted that the final levy rate could be adjusted at a subsequent public hearing scheduled for April 28, 2026. No procurement, contracting, or budget allocation decisions were made during this meeting.