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Council studies code enforcement, Neighborhood Revitalization - Vimarsana News

Council studies code enforcement, Neighborhood Revitalization

Council studies code enforcement, Neighborhood Revitalization Decatur, IL - The Decatur City Council met for t...

Dist. #205 approves increased tax levy but tax rate to remain flat from last year - Vimarsana News

Dist. #205 approves increased tax levy but tax rate to remain flat from last year

The District 205 Board of Education approved the 2022 tax levy of $23,856,768 at their meeting on Monday. Assistant Superintendent for Finance Jennifer Hamm told the board that the tax levy was increased over last year, matching the increases seen in the projected Equalized Assessed Value of the district, an increase she described as "significant." The projected EAV for the portion of the district in Knox County increased by 5.6 percent while the EAV of the portion of Warren County improved by 13.46 percent. While the tax levy is increasing over the last year, the tax rate will remai...

Source: wgil.com
Monmouth Aldermen to consider $2.6M tax levy in December - Vimarsana News

Monmouth Aldermen to consider $2.6M tax levy in December

Monmouth Aldermen next month will consider a property tax levy of over $2.623 million. The tax levy is an increase that captures only the growth in the city's Equalized Assessed Value and is reflected on a minimal increase to the tax rate, which is 2.93 percent – or $2.93 for every hundred dollars of assessed value. In the last year, the tax base in Monmouth has increased by over 3.4 million dollars. City Administrator Lew Steinbrecher tells WGIL that the overwhelming majority of the tax levy is going towards the unfunded pension liability that the State of Illinois controls. "Of t...

Source: wgil.com
Dist. #205 considering increased tax levy but flat tax rate - Vimarsana News

Dist. #205 considering increased tax levy but flat tax rate

Next month, the District 205 School Board will consider a tax levy of over $23.8 million dollars. That is an increase of $1.3 million from the year before but is based on a 5.9 percent increase in the Equalized Assessed Value of the district, not an increase in the tax rate. Assistant Superintendant of Finance Jennifer Hamm told the School Board on Monday that the tax rate will actually remain flat from the year before. "Last year, our tax rate was actually a 3 percent decrease from the tax year before. And we're just a few hundredths or thousands of a tenth less right now in our tax...

Source: wgil.com
State and local tax incentives part of Meta expansion in DeKalb - Vimarsana News

State and local tax incentives part of Meta expansion in DeKalb

(The Center Square) – A massive data center under construction in northern Illinois is about to get even bigger. The city of DeKalb and state of Illinois provided tax breaks to the project. Meta, the social media giant ...