The Fremont City Council on Tuesday night unanimously approved Mayor Joey Spellerberg’s budget proposal that lowers the City’s property tax levy by 7% for the 2023 budget year.
“I have listened closely to what Fremont residents have been sharing with me,” Spellerberg said. “Fremont residents are very concerned about increasing costs due to record inflation, increasing gas prices, and escalating food costs. The action tonight by the City Council lowers the property tax levy, giving relief to property taxpayers. As our property tax base grows, my focus continues to be on controlling our spending and maintaining our strong financial position.”
In 2021-22, the taxes for a home valued at $150,000 was $489. Because of the lower levy, the Mayor’s proposal will decrease it to $454 – a savings of $35 for the year.
The Mayor praised City staff and department heads at the meeting for their hard work in staying within budget and maintaining our fiscally strong AA- Bond Rating with Standard and Poor’s.
“As our community grows, Fremont is in a strong financial position to address our future needs,” Spellerberg said. “This action tonight represents the City’s commitment to lead the way and provide welcome relief during this high inflationary period. Thank you to the citizens of Fremont for making our community a great place to live, work, and raise a family.”
