The Silver Lake City Council held its annual Truth-in-Taxation hearing Monday, Dec. 16. At the meeting, City Clerk Jon Jerabek presented the 2020 levy and city budget information. The council approved a $539,865 total levy, a $20,615 increase for 2020.
The general fund portion of the levy is $515,484.31, with $24,381 as the debt service levy.
The council also approved a total general fund budget of $899,375.31, a 3.86 percent or $33,418.61 increase, over 2019.