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Real Estate Tax Levy

Tuesday, December 4, 2012

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 …

In this Article:

Sharp Pencil May Ease Residents’ Tax Burden, Board Seeks Cut of Tax Levy Proposal, and Village Staff Finds Experts on Board

SC

5:13 am on Wednesday, December 5, 2012

Its off topic but can the company responsible for the Single signs be fined for littering our community?   more ›

Tuesday, November 27, 2012

Board Seeks Cut of Tax Levy Proposal

Mayor and Trustees also take a step closer to requiring Village’s businesses to recycle.

Calculating a lesser property tax levy increase and proceeding with potential commercial recycling were some of the directions Mayor Harriet Rosenthal and the Village Board of Trustees gave Village Manager Kent Street and his staff at Monday’s Committee of the Whole meeting. After acting Finance Director Eric Burk told the Board the combined property tax levy for the Village and the Library of $10,140,832 would be more than five percent greater than a year ago, Trustee William Seiden asked why property taxes could not be frozen and reserves used instead. Get local news in a daily email from Patch. It's like getting a free newspaper. Learn more. “Why can’t we hold our levy in place? How far can we keep our levy down and remain in a sound …

In this Article:

Village Board Seeks Lower Tax Levy, Village Board Finds Tax Savings, Deerfield Looks at Commercial Recycling, and 2 more ›

Beth

7:17 pm on Friday, November 30, 2012

For the record -again, if you knew me I own a building in Deerfield. Do you even have a business here? Doubt you do. Restaurant comment- ouch ! I'd stoop but you're not worth it- in fact you shouldn't be allowed to comment as I'm sure patch didn't make this comment option to be so unproductive as allowing people of your ummmm caliber on here. So , does that mean you're not coming for dinner or …   more ›

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