Fort Dodge residents will see a slight decrease in property tax rates in the coming fiscal year. With little discussion, the Fort Dodge City Council approved the budget for the 2014-15 fiscal year, which starts on July 1. The budget calls for spending in the amount of $72.72 million, down from the current year's budget of $75.75 million. City Manager David Fierke said the budget projects revenue at $69.23 million. The property tax rate was set at $20.47 per $1000 of taxable value. That's a decrease of 35 cents. There is also a 1.5% increase in water rates.