Resolution No. 2026-026 – A Resolution Approving the City of Tiffin Fiscal Year 2026-2027 Annual Budget — I.1 (G.1)

4/16/26, 4:04 PM Local Government Property Valuation System FISCAL YEAR JULY 1, 2026 - JUNE 30, 2027 ADOPTION OF BUDGET AND CERTIFICATION OF CITY TAXES The City of : TIFFIN County Name: JOHNSON COUNTY Adopted On: (entered upon adoption) Resolution: (entered upon adoption) The below-signed certifies that the City Council, on the date stated above, lawfully approved the named resolution adopting a budget for next fiscal year, as summarized on this and the supporting pages. Attached is Long Term Debt Schedule Form 703 which lists any and all of the debt service obligations of the City. With Gas & Electric Without Gas & Electric Regular 2a 372,957,318 2b 364,202,550 City Number: 52-490 DEBT SERVICE 3a 501,111,464 3b 492,356,696 Last Official Census: 4,512 Ag Land 4a 506,100 Consolidated General Fund Levy Calculation CGFL Rate CGFL Dollars Non-TIF Taxable w/ G&E Taxable Growth % FY 2026 Budget Data 7.88952 2,767,381 350,766,765 6.33 Limitation Percentage 3 CGFL Max Rate CGFL Max Dollars Revenue Growth % Max Allowed 7.65973 2,856,752 3.23 CGFL for FY 2027 TAXES LEVIED (A) (B) Code ENTER FIRE Request with Property (C) Dollar Limit Purpose DISTRICT Sec. RATE BELOW Utility Taxes Rate Replacement Levied 384.1 7.65973 Consolidated General Fund 5 2,856,752 2,789,693 43 7.65973 Non-Voted Other Permissible Levies 384.12(1) 0.95000 Opr & Maint publicly owned Transit 7 0 45 0.00000 384.12(2) 0.27000 Aviation Authority (under sec.330A.15) 11 0 49 0.00000 384.12(3) Amt Nec Liability, property & self insurance costs 14 138,491 135,239 52 0.37133 384.12(5) Amt Nec Support of a Local Emerg.Mgmt.Comm. 462 3,384 3,303 465 0.00907 Voted Other Permissible Levies 28E.22 1.50000 Unified Law Enforcement 24 0 62 0.00000 Total General Fund Regular Levies (5 thru 24) 25 2,998,627 2,928,235 384.1 3.00375 Ag Land 26 1,520 1,520 63 3.00336 Total General Fund Tax Levies (25 + 26) 27 3,000,147 2,929,755 Do Not Add Special Revenue Levies 384.6 Amt Nec Police & Fire Retirement 29 0 0.00000 Amt Nec FICA & IPERS (if general fund at levy limit) 30 57,301 55,956 0.15364 Rules Amt Nec Other Employee Benefits 31 57,530 56,178 0.15425 Subtotal Employee Benefit Levy (29,30,31) 32 114,831 112,134 65 0.30789 Valuation Without 386 As Req With Gas & Elec Gas & Elec SSMID 1 (A) 0 (B) 0 34 0 66 0.00000 SSMID 2 (A) 0 (B) 0 35 0 67 0.00000 SSMID 3 (A) 0 (B) 0 36 0 68 0.00000 SSMID 4 (A) 0 (B) 0 37 0 69 0.00000 SSMID 5 (A) 0 (B) 0 555 0 565 0.00000 SSMID 6 (A) 0 (B) 0 556 0 566 0.00000 SSMID 7 (A) 0 (B) 0 1177 0 1179 0.00000 SSMID 8 (A) 0 (B) 0 1185 0 1187 0.00000 Total Special Revenue Levies 39 114,831 112,134 384.4 Amt Nec Debt Service Levy 76.10(6) 40 1,729,811 1,699,591 70 3.45195 384.7 0.67500 Capital Projects (Capital Improv. Reserve) 41 0 71 0.00000 Total Property Taxes (27+39+40+41) 42 4,844,789 4,741,480 72 11.79997 COUNTY AUDITOR - I certify the budget is in compliance with ALL the following: Budgets that DO NOT meet ALL the criteria below are not statutorily compliant & must be returned to the city for correction. ( City Representative ) ( Date ) ( County Auditor ) ( Date ) https://dom-localgov.iowa.gov/budget-renderer?id=24944 1/20