Breaking News Bar
posted: 11/26/2013 6:36 PM

E. Dundee will likely keep levy flat for third consecutive year

hello
Success - Article sent! close
 
 

East Dundee residents could see a slight reduction in their property taxes if officials' plans to reduce the levy pan out.

For the third consecutive year, the board's committee of the whole agreed this week to hold the levy at $566,396 on the paperwork it submits to Kane County.

Order Reprint Print Article
 
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.
Need more information about reprints? Visit our Reprints Section for more details.

Contact information ( * required )

Success - request sent close

Once the county releases the valuation of the village's property later next year, the village's hope would be to lower the levy by 1.7 percent, a move that would save residents $9,618 in taxes, officials said.

"We don't count on property tax that much in our village. It's not a big number to us," Village President Lael Miller said. "That's something we can live with and we can make up for the money somewhere else. That $9,000 shouldn't be an issue for us."

If East Dundee goes forward with reducing the levy, the goal would be to recapture the $9,618 through the village's rising sales tax revenues. Miller said sales tax is up 16 percent this year.

The entire board is scheduled to vote on the levy Monday.

Share this page
Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.
    help here