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property tax levy hike

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Business & Lifestyle

Shrinking Decatur to face budgetary hurdles in coming year

DECATUR (Illinois Policy Institute) -- After passing an unbalanced budget in 2017, Decatur will have to address its declining population and revenue as it looks ahead to crafting future budgets. Gov. Bruce Rauner’s budget proposal for fiscal year 2019 continues a reduction to a state financial shell game. While ultimately a benefit for Illinois taxpayers, it’s a move that will force shrinking cities to reform local finances. As part of the fiscal year 2018 budget state lawmakers passed in July 2017, […]

todayFebruary 19, 2018 25

Business News

King Township holds public hearing regarding proposed property tax hike

MORRISONVILLE (Heartland Newsfeed) -- A public hearing will be held Monday, December 11 at 7 p.m. at the King Township building in rural Morrisonville. The agenda of the meeting is consideration of a proposed property tax levy hike within the township. The proposed change will only involve corporate and special purpose taxes, which will be a 14.6% hike to $148,522.68 for 2017 compared to $129,600.94 in 2016. Any individuals desiring to appear at the public hearing and present testimony to […]

todayDecember 4, 2017 79

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