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Peoria council approves township estimated tax levy after supervisor outlines reserve goal
Summary
Peoria City Council unanimously approved the Town (Township) estimated tax levy of $1,419,540 and an estimated rate not to exceed 0.074315 after the township supervisor told the council the reserves are intended to help achieve a balanced budget.
The Peoria City Council unanimously approved a request from the Town Officials Budget Committee to set the town estimated tax levy at $1,419,540 with an estimated tax rate not to exceed 0.074315.
Township officials presented the request as item 25-275 during the Sept. 30 special council meeting. The motion to approve was moved by Council member Gordon Young and seconded by Council member Allen; the council…
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