The One to Count On...

Fiscal Year Ends Today

Posted: Monday, June 30th, 2014 at 6:23 am
Author: KCII News - Nathan Swenson

Fiscal year 2014 comes to an end tomorrow for area cities.According to Kalona Mayor Ken Herington, not much is changing in the city’s budget from this fiscal year to the next. The biggest adjustment is a one cent increase to property taxes. Expenditures for the fiscal year beginning tomorrow will be roughly $3,180,000, while revenue is projected to be $3 million.