The Sedalia City Council approved the 2023 municipal property tax rates during its meeting on Monday, August 21.

A public hearing was held prior to the meeting and no comments were made.

The council approved rates for the year include:

-Public Library .2344
-Temporary Library .0681
-Special Business District-Real Estate and Personal .8606
-General Fund .4813
-Public Parks Fund .1674
-Fire Pension Fund .0500
-Police Pension Fund .0942 (for a total levy of $1.956 per $100 assessed valuation.)

In other news, City Administrator Kelvin Shaw stated the council approved a bid for Commercial Property and Content Insurance for the city from Cincinnati Insurance through Assured Partners in Sedalia.

Shaw stated the premium went up slightly but the rate remained the same due to more property being owned by the city. The accepted bid was for $263,857.