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Floyd

Floyd County · How cities work

$2,620 a yearproperty tax on a $200,000 home here, FY27, for every local government ($31.14 per $1,000 of taxable value)1
$840 a yearof that goes to the city ($10.02 per $1,000)
$89,977property taxes the city levies, FY27
$472,597city budget, FY27, without city-run utilities (not yet reported)2

Who runs it

The city council passes ordinances, adopts the budget and sets the city’s property tax.

  • Benjamin MillerFloyd City Council At-Large · elected November 4, 2025
  • Charlie NewmanFloyd Mayor · elected November 4, 2025
  • Kevin KruegerFloyd City Council At-Large · elected November 4, 2025
  • Cleone KingFloyd City Council At-Large · elected November 7, 2023
  • Doug DavisFloyd City Council At-Large · elected November 7, 2023
  • Jeremy StewartFloyd City Council At-Large · elected November 7, 2023

Officials are worked out from election results: every member whose four-year term is still running, plus appointments and titles Iowa Funnel has been told about. A resignation may not show yet.

Meetings and agendas

What the council is deciding: each agenda, the resolutions and ordinances on it, and a plain-language summary.

Iowa Funnel doesn’t read this city’s agendas yet. Every council and board posts its agenda at least 24 hours before it meets.

Property taxes

How the bill is collected · What each levy is for

Who gets a property owner’s tax bill in Floyd

Homes and businesses in most of Floyd pay a combined $31.14 per $1,000 of taxable value (FY27). They pay it all to the Floyd County treasurer, who passes each government its share; the city sets and gets only its own piece, $10.02. Estimate your bill.

  • Charles City schools$12.2839%
  • City of Floyd$10.0232%
  • Floyd County$6.1620%
  • North Iowa Area Community College$1.244%
  • Floyd County Assessor$0.502%
  • Floyd County Hospital$0.441%
  • Floyd County Extension (ISU Extension and Outreach)$0.26<1%
  • Floyd-Floyd Cemetery$0.22<1%

Rates over time

Per $1,000 of taxable value: the typical combined rate people in Floyd pay, and the city government’s own piece of it.

YearCombinedCity’s own
FY20$30.40$8.95
FY21$30.81$8.89
FY22$30.33$8.97
FY23$31.45$8.96
FY24$31.13$9.40
FY25$31.48$9.18
FY26$31.42$9.80
FY27$31.14$10.02
Show the numbers
YearCombinedCity’s own
FY20$30.40$8.95
FY21$30.81$8.89
FY22$30.33$8.97
FY23$31.45$8.96
FY24$31.13$9.40
FY25$31.48$9.18
FY26$31.42$9.80
FY27$31.14$10.02

Compared with places this size3

Floyd’s city property tax rate of $10.02 per $1,000 is the 47th lowest of 206 Iowa cities with 200–440 people. The middle of the group is $12.18.

Stanhope: $29.10Fenton: $22.05Coulter: $21.80Chelsea: $21.61Elliott: $21.61Oxford Junction: $20.84Earling: $20.47Volga: $20.23Alta Vista: $19.88Arthur: $19.86Fort Atkinson: $19.19Salem: $19.15Cumberland: $18.42Massena: $18.23Callender: $17.78Casey: $17.72Vail: $17.66Ringsted: $17.65Emerson: $17.54Ashton: $17.17Pierson: $17.12Burt: $17.10Pisgah: $17.09Lohrville: $16.95Lakota: $16.84Marble Rock: $16.78Auburn: $16.65Mccallsburg: $16.58Irwin: $16.46Montour: $16.37Lewis: $16.25Corwith: $16.22Deep River: $16.18Waucoma: $16.17Duncombe: $16.10Bayard: $16.05Granville: $16.00Minburn: $15.75Onslow: $15.63Linden: $15.62Peterson: $15.27Greeley: $15.23Arlington: $14.98Riverton: $14.94Marathon: $14.89Plainfield: $14.84Ryan: $14.84Otho: $14.82Ladora: $14.74Bagley: $14.63Garrison: $14.38Halbur: $14.37Lorimor: $14.36Crystal Lake: $14.36Kimballton: $14.27Ocheyedan: $14.22Steamboat Rock: $14.19Mystic: $14.01Wesley: $13.91Diagonal: $13.91Bussey: $13.83Mondamin: $13.82Livermore: $13.78Fertile: $13.70Stockport: $13.68Kellerton: $13.60Albion: $13.58Quimby: $13.58Lamont: $13.57New Albin: $13.55Meservey: $13.43Persia: $13.41Lawler: $13.39Lacona: $13.38Leland: $13.31Ute: $13.26New Market: $13.25Plymouth: $13.21Harcourt: $13.21Bennett: $13.16Ridgeway: $13.10Farmersburg: $13.09Clutier: $13.03Lehigh: $12.97Menlo: $12.92Templeton: $12.91Silver City: $12.87Martelle: $12.83Malcom: $12.82Galva: $12.68Martensdale: $12.63Blencoe: $12.57Williams: $12.57Maurice: $12.56Clearfield: $12.50Kensett: $12.47Mccausland: $12.45Spillville: $12.40Modale: $12.34Mingo: $12.31Brandon: $12.29Blakesburg: $12.21Cushing: $12.18Bonaparte: $12.17Hanlontown: $12.17Macedonia: $12.12Hawkeye: $12.11Paton: $12.09Kiron: $12.03Rembrandt: $12.03Colesburg: $11.97Liscomb: $11.96New Providence: $11.88Thornton: $11.86Joice: $11.72Allerton: $11.72Atalissa: $11.71Cantril: $11.69Kelley: $11.69Orient: $11.66Wadena: $11.65Cincinnati: $11.57Delta: $11.52Terril: $11.48Westside: $11.45Holland: $11.37Churdan: $11.31Mallard: $11.28Miles: $11.28Renwick: $11.16Frederika: $10.99Milton: $10.98New Vienna: $10.91Letts: $10.91Goose Lake: $10.89Birmingham: $10.87Charlotte: $10.86Yale: $10.85Batavia: $10.77Hornick: $10.74Riverdale: $10.67Bode: $10.64Union: $10.58Cleghorn: $10.49Calamus: $10.47Danbury: $10.43Lytton: $10.38Stacyville: $10.36Rhodes: $10.36Dedham: $10.28Deloit: $10.28Protivin: $10.28Andrew: $10.22Royal: $10.20Bronson: $10.14Hancock: $10.13Rudd: $10.13La Motte: $10.09Defiance: $10.05Panama: $9.85Grafton: $9.83Lynnville: $9.68Ionia: $9.65Salix: $9.63Luxemburg: $9.58Rippey: $9.42Farnhamville: $9.18Middletown: $9.16Alleman: $9.12Dixon: $9.03Lester: $8.94Oakville: $8.89Harvey: $8.71Washta: $8.65Rowley: $8.31Bertram: $8.10Fostoria: $8.10Grandview: $8.10Lost Nation: $8.10Low Moor: $8.10Nichols: $8.10Laurel: $8.10Luana: $7.98Lockridge: $7.92Delhi: $7.81Klemme: $7.74Pulaski: $7.58Beacon: $7.56Sheldahl: $7.56Fredonia: $7.55Worthington: $7.50Harpers Ferry: $7.49Alvord: $7.41Marquette: $7.08Columbus City: $6.94Donahue: $6.83Libertyville: $6.60Keswick: $6.49Crawfordsville: $6.44Holy Cross: $5.91Conesville: $5.86Maharishi Vedic City: $3.87Wahpeton: $3.19West Okoboji: $2.92Rickardsville: $2.27Floyd: $10.02$2.27 lowest$29.10 highestmiddle
See all 206
#PlaceRate per $1,000People
1Stanhope$29.10354
2Fenton$22.05250
3Coulter$21.80220
4Chelsea$21.61207
5Elliott$21.61328
6Oxford Junction$20.84424
7Earling$20.47394
8Volga$20.23200
9Alta Vista$19.88219
10Arthur$19.86218
11Fort Atkinson$19.19300
12Salem$19.15380
13Cumberland$18.42248
14Massena$18.23352
15Callender$17.78361
16Casey$17.72387
17Vail$17.66383
18Ringsted$17.65346
19Emerson$17.54401
20Ashton$17.17434
21Pierson$17.12335
22Burt$17.10404
23Pisgah$17.09248
24Lohrville$16.95366
25Lakota$16.84261
26Marble Rock$16.78258
27Auburn$16.65253
28Mccallsburg$16.58356
29Irwin$16.46320
30Montour$16.37199
31Lewis$16.25358
32Corwith$16.22259
33Deep River$16.18243
34Waucoma$16.17235
35Duncombe$16.10374
36Bayard$16.05402
37Granville$16.00302
38Minburn$15.75317
39Onslow$15.63198
40Linden$15.62206
41Peterson$15.27321
42Greeley$15.23216
43Arlington$14.98415
44Riverton$14.94243
45Marathon$14.89221
46Plainfield$14.84392
47Ryan$14.84348
48Otho$14.82417
49Ladora$14.74223
50Bagley$14.63230
51Garrison$14.38345
52Halbur$14.37268
53Lorimor$14.36377
54Crystal Lake$14.36243
55Kimballton$14.27281
56Ocheyedan$14.22424
57Steamboat Rock$14.19261
58Mystic$14.01318
59Wesley$13.91382
60Diagonal$13.91331
61Bussey$13.83378
62Mondamin$13.82335
63Livermore$13.78382
64Fertile$13.70300
65Stockport$13.68272
66Kellerton$13.60241
67Albion$13.58444
68Quimby$13.58245
69Lamont$13.57429
70New Albin$13.55435
71Meservey$13.43212
72Persia$13.41292
73Lawler$13.39392
74Lacona$13.38336
75Leland$13.31240
76Ute$13.26326
77New Market$13.25381
78Plymouth$13.21368
79Harcourt$13.21257
80Bennett$13.16330
81Ridgeway$13.10261
82Farmersburg$13.09264
83Clutier$13.03209
84Lehigh$12.97395
85Menlo$12.92347
86Templeton$12.91337
87Silver City$12.87244
88Martelle$12.83250
89Malcom$12.82257
90Galva$12.68416
91Martensdale$12.63413
92Blencoe$12.57223
93Williams$12.57299
94Maurice$12.56271
95Clearfield$12.50277
96Kensett$12.47256
97Mccausland$12.45314
98Spillville$12.40371
99Modale$12.34284
100Mingo$12.31314
101Brandon$12.29331
102Blakesburg$12.21273
103Cushing$12.18225
104Bonaparte$12.17357
105Hanlontown$12.17200
106Macedonia$12.12266
107Hawkeye$12.11429
108Paton$12.09217
109Kiron$12.03262
110Rembrandt$12.03199
111Colesburg$11.97379
112Liscomb$11.96292
113New Providence$11.88233
114Thornton$11.86394
115Joice$11.72206
116Allerton$11.72432
117Atalissa$11.71287
118Cantril$11.69224
119Kelley$11.69312
120Orient$11.66363
121Wadena$11.65201
122Cincinnati$11.57280
123Delta$11.52257
124Terril$11.48310
125Westside$11.45283
126Holland$11.37261
127Churdan$11.31359
128Mallard$11.28255
129Miles$11.28400
130Renwick$11.16228
131Frederika$10.99206
132Milton$10.98395
133New Vienna$10.91384
134Letts$10.91358
135Goose Lake$10.89250
136Birmingham$10.87371
137Charlotte$10.86386
138Yale$10.85265
139Batavia$10.77434
140Hornick$10.74255
141Riverdale$10.67385
142Bode$10.64304
143Union$10.58378
144Cleghorn$10.49235
145Calamus$10.47348
146Danbury$10.43315
147Lytton$10.38274
148Stacyville$10.36436
149Rhodes$10.36269
150Dedham$10.28221
151Deloit$10.28246
152Protivin$10.28264
153Andrew$10.22374
154Royal$10.20379
155Bronson$10.14294
156Hancock$10.13199
157Rudd$10.13339
158La Motte$10.09235
159Defiance$10.05248
160Floyd$10.02297
161Panama$9.85234
162Grafton$9.83212
163Lynnville$9.68382
164Ionia$9.65220
165Salix$9.63303
166Luxemburg$9.58240
167Rippey$9.42217
168Farnhamville$9.18364
169Middletown$9.16365
170Alleman$9.12439
171Dixon$9.03204
172Lester$8.94309
173Oakville$8.89198
174Harvey$8.71242
175Washta$8.65206
176Rowley$8.31264
177Bertram$8.10267
178Fostoria$8.10229
179Grandview$8.10431
180Lost Nation$8.10425
181Low Moor$8.10242
182Nichols$8.10317
183Laurel$8.10214
184Luana$7.98303
185Lockridge$7.92245
186Delhi$7.81438
187Klemme$7.74429
188Pulaski$7.58259
189Beacon$7.56434
190Sheldahl$7.56312
191Fredonia$7.55227
192Worthington$7.50374
193Harpers Ferry$7.49273
194Alvord$7.41216
195Marquette$7.08434
196Columbus City$6.94385
197Donahue$6.83336
198Libertyville$6.60278
199Keswick$6.49238
200Crawfordsville$6.44278
201Holy Cross$5.91348
202Conesville$5.86350
203Maharishi Vedic City$3.87290
204Wahpeton$3.19337
205West Okoboji$2.92311
206Rickardsville$2.27204

The $8.10 limit

Floyd’s general levy is $8.10 per $1,000 of taxable value in FY27, at the limit.4 247 of 934 Iowa cities have a higher general levy. All cities.

FY23 $8.10 · FY24 $8.10 · FY25 $8.07 · FY26 $8.10 · FY27 $8.10 (before FY25, the general levy alone)

Outside the limit: $1.92 more5

  • Total Employee Benefit Levies$1.92 · $17,201

Tax increment financing (TIF)

$4.7M of taxable value in Floyd is in TIF districts’ increment (34% of the city’s taxable value), 2025 valuations, taxed in FY27.6 It budgeted $135,000 in TIF revenue for FY25.

$130,857

What that value would raise at each government’s rate, FY277

Taxes on TIF value go to the city’s TIF fund instead of the governments that levy them, including about $47,392 of the city’s own.

  • Floyd County$22,654
YearTIF revenue
FY16$29,920
FY17$29,657
FY18$4,190
FY19$25,380
FY20$129,929
FY21$118,506
FY22$126,311
FY23$130,857
Show the numbers
YearTIF revenue
FY16$29,920
FY17$29,657
FY18$4,190
FY19$25,380
FY20$129,929
FY21$118,506
FY22$126,311
FY23$130,857

The city’s levies, FY27

What the city raises from each levy. The general levy is capped by state law; the others are set aside for one purpose.

  • Consolidate General Fund$72,42681%
  • Total Employee Benefit Levies$17,20119%

Budget and spending

Reading a local budget

Where each dollar of Floyd’s budget goes, FY26

Debt Service: 25¢ of every dollar25¢Business Type / Enterprise: 22¢ of every dollar22¢Public Works: 21¢ of every dollar21¢General Government: 17¢ of every dollar17¢Culture and Recreation: 10¢ of every dollar10¢Everything else: 4¢ of every dollar

Planned spending from all funds, including city-run utilities like water and sewer (“business type”), which some cities run and others don’t. Transfers between funds are left out. “Cities this size” is the average for the 204 Iowa cities closest in size (200–440 people).

Where it goesOf each dollarCities this size (204)
Debt Service25¢3¢
Business Type / Enterprise22¢38¢
Public Works21¢20¢
General Government17¢17¢
Culture and Recreation10¢8¢
Everything else4¢11¢

Planned spending, FY27

All funds: property taxes, utility and other fees, state and federal money. “Business type” is city-run utilities and enterprises like water or sewer.

  • Debt Service$152,00032%
  • Public Works$142,52530%
  • General Government$110,03923%
  • Culture and Recreation$38,9758%
  • Public Safety$22,6585%
  • Community and Economic Development$3,5001%
  • Health and Social Services$2,9001%

The state’s FY27 file doesn’t include business type / enterprise yet ($127,000 in FY26), so this total is low.

Budget compared with what it spent, FY23
FunctionBudgetSpent
Public Works$142,630$104,904
Public Safety$18,429$18,337
Health and Social Services$2,500$2,430
General Government$65,760$63,316
Debt Service$121,914$82,127
Culture and Recreation$18,825$18,674
Community and Economic Development$250$1,380
Capital Projects$0$0
Business Type / Enterprise$209,605$208,292

What it spent each year

FY24 left out8

$1.2M

Debt, reserves and audits

How local debt works · What an audit tells you

What Floyd owes

$265,891 at June 30, 2026: $849 per resident. 576th most per resident of 939 Iowa places of its kind (the list).9

$667,710
$265,891
June 30OwedPer resident
2026$265,891$849
2025$392,863$1,255
2024$667,710$2,133
2023$145,875$466
2022$308,892$987
2021$455,575$1,456
2020$399,542$1,276
2019$226,365$723
2018$253,868$811
2017$293,587$938
2016$343,600$1,098
2015$401,882$1,284
2014$464,221$1,483
2013$544,550$1,740
2012$422,845$1,351
2011$430,845$1,377
2010$392,000$1,252
Show the numbers
June 30OwedPer resident
2026$265,891$849
2025$392,863$1,255
2024$667,710$2,133
2023$145,875$466
2022$308,892$987
2021$455,575$1,456
2020$399,542$1,276
2019$226,365$723
2018$253,868$811
2017$293,587$938
2016$343,600$1,098
2015$401,882$1,284
2014$464,221$1,483
2013$544,550$1,740
2012$422,845$1,351
2011$430,845$1,377
2010$392,000$1,252

Down 32% since 2010.

The 5% limit10

General obligation debt is $265,891, 21% of the limit of about $1.3M (5% of $25.6M, the full value of its taxable property in 2024).

1 obligation at June 30, 2026
KindForPaid off byOwed
General ObligationStreet Resurfacing 20232034$265,891

General obligation bonds are repaid from property taxes; revenue bonds and loans from the fees or revenue they’re tied to. On the Treasurer’s site

Money in reserve

The state’s budget files don’t include cities’ fund balances11. Floyd’s latest audit has them: Periodic Examination, period ending Monday, March 31, 2025 (PDF).

Audits12

The latest: Periodic Examination for the period ending Monday, March 31, 2025 (PDF), released Thursday, October 23, 2025, by a CPA firm.

1 earlier report for Floyd

State money

What the State of Iowa pays the city each year, and whether it has kept up with prices. Does state money keep pace? 13

What the state pays the city every year

Road Use Tax for streets, the commercial and industrial tax “backfill”, and ambulance reimbursement, paid every year by formula: $38,895 in FY25, up 11% since FY19 while prices rose 25%, so it buys 11% less. Grants are below.

Show the numbers
SourceFY22FY23FY24FY25
Road Use Tax (streets)$37,746$37,753$38,693$38,895

Grants and project money

State grants and money for specific projects (roads, development, natural resources) vary with what the city applies for and wins, so they aren’t counted as the state’s regular support.

$13,371
$0
    YearGrants and projects
    FY19$4,000
    FY20$0
    FY21$13,371
    FY22$0
    FY23$0
    FY24$0
    FY25$0
    Show the numbers
    YearGrants and projects
    FY19$4,000
    FY20$0
    FY21$13,371
    FY22$0
    FY23$0
    FY24$0
    FY25$0

    Has it kept up with prices?

    Each source from FY19 to FY25, after inflation.

    • Road Use Tax (streets)−11%$34,955 → $38,895, up 11% since FY19 while prices rose 25%, so it buys 11% less

    Collected by the state for the city

    The local option sales tax is a city tax voters approved; the state collects it with the state sales tax and sends it back. It isn’t state aid. It’s up 33% since FY19 while prices rose 25%, so it buys 6% more.

    $43,872
    $39,914

    Federal grants, for comparison: $23,549 in FY23.

    Business awards

    Every award statewide

    Elections

    Running for mayor and city council

    Filing opens Monday, August 23, 2027: in 284 days.

    For the Tuesday, November 2, 2027 election, candidates file Monday, August 23, 2027 to Thursday, September 16, 2027 with the county auditor (or the city clerk, if the auditor names the clerk to take them)14.

    In a city that can hold a primary, filing runs Monday, August 9, 2027 to Thursday, August 26, 2027.

    Most recent: November 4, 2025

    City · 2

    2 seats: the top 2 win.

    Local races from civicAPI and county auditors for Floyd; official results are on each county auditor’s site.

    Who has filed for Tuesday, November 2, 2027

    Filing hasn’t opened. These seats are expected on the ballot.

    • Floyd City Council At-Large (3 seats)
      Now held by Cleone King, Jeremy Stewart, Doug Davis
    • Floyd Mayor
      Now held by Charlie Newman

    Candidates as county auditors and civicAPI list them; a filing can take a few days to appear here15.

    Past ballot measures

    None found since 2022.

    When a measure can be on the ballot

    • Tuesday, March 2, 2027 · no bond or debt questions
    • Tuesday, September 14, 2027 · no bond or debt questions
    • Tuesday, November 2, 2027 · any question, including bonds
    • Tuesday, March 7, 2028 · no bond or debt questions

    Bonds and other borrowing can only go on the November ballot16.

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