Village Council Special Meeting: Proposed Property Tax Rate Increase
September 20, 2018
Track this bill to get notified when it advances a stage. One tap to stop, anytime.
The Frame
The proposed of 6.2920 represents a 5.42% increase over the , which directly impacts the amount of property tax residents will pay to fund the village budget.
Potentially affected actors named in the source documents. Mention is not a position.
Property owners
Property owners are subject to the proposed millage rate, which determines their annual property tax obligations.
Village residents
Residents are affected by the budget allocations and the resulting tax rates required to fund village services.
Last recorded activity September 20, 2018.
Next step not available in the current record.
Why It Matters
The proposed of 6.2920 represents a 5.42% increase over the , which directly impacts the amount of property tax residents will pay to fund the village budget.
Key Facts
- The proposed millage rate for the village is 6.2920.
- The proposed rate is a 5.42% increase over the rolled-back rate of 5.9687 mills.
- The meeting includes a summary of the budget.
- The meeting includes a period for citizen comments.
- The meeting is a Special Council Meeting of the Village Council.
- The file identifier for this agenda item is 18-198.
Frequently Asked Questions
What is a millage rate?
What is the 'rolled-back rate'?
Can I speak at this meeting?
Summary
News Coverage
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Tax Rate Adjustment
The village is explicitly moving to increase the tax rate above the revenue-neutral rolled-back rate.
Connected Entities
Sources
webapi.legistar.com
Analysis Score
0–100- Significance75How much this matters to a regular citizen
- Controversy60Intensity of disagreement among stakeholders
- Entertainment10Compellingness for a non-policy-wonk reader
- Buzz30Current news / social attention level
Publisher tools