Final Parts of Tax Levy Fall Into Place

Village adds debt service on new bond issue to total making effective levy 8.8 percent more than last year.

Pieces of the 2012 property tax levy for the Village and the Deerfield Public Library fell into place at Monday’s Board of Trustees meeting showing an 8.8 percent increase over the 2011 amount. After acting Finance Director Eric Burk made reductions in the levy requested by Mayor Harriet Rosenthal and the Trustees, the effective number was $9,207,296 after an additional $453,690 was added to pay principal and interest on $9.075 million in bonds sold Monday. Get local news in a daily email from Patch. It's like getting a free newspaper. Learn more. Monday’s bond sale was the final piece of the tax levy puzzle which was first presented to the Board at a meeting of the Committee of the Whole Nov. 26. The Board unanimously passed the bond …

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