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By PHIL MONSON
After a public hearing with no objectors, the Humboldt City Council reviewed the property tax levy for the 2026-27 fiscal year and set in motion the process for its approval at their next meeting.
The city’s proposed budget for the 2026-27 year for residential with an actual/assessed valuation of $100,000/$110,000 will be $784, up from the current year at $754.
For regular commercial property with an actual/assessed valuation of $300,000/$330,000, it will go from $3,278 to $3,661.
Taxable valuations for non-debt service will go down, from $210,618,010 to $209,265,208.
“In the budget we have put together, our asking amount is only going up $1,600. The levy is only going up roughly ten cents,” Humboldt City Administrator Cole Bockelmann said.