The village Board of Trustees officially approved the 2012-13 budget during a meeting held last week. The budget calls for a 1.5 percent increase in the tax levy, the amount of money it collects through taxes. The tax levy increased by 4.4 percent last year. The current tax rate is $17.67 per $1,000 of assessed [...]
Tag Archives: Employee Pension
Budget to rise by 1.5%
A decrease in expenditures and a mild winter will enable the village to comply with the 2 percent tax cap. The village finalized the 2012-13 budget last week and will present it to the public next week. And although the budget calls for an increase in taxes, it is below the 2 percent mandated by [...]
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