Hainesville adopts 2025 tax levy of $530,000; Special Service Area levy remains unchanged

The Hainesville Village Board approved a 2025 tax-levy resolution totaling $530,000 and discussed the related Special Service Area (SSA) levy for the Cranmer Lake area, deciding to keep the SSA rate at $25,200.

Trustee Abrahamson and Mayor Goldblum reported meeting to review levy figures and the SSA. They said, based on current budgeted expenditures and projected balances through April 2026, they recommended not raising the SSA and keeping it at $25,200. The presenter provided a snapshot showing a projected SSA bank balance of $14,933 if current expenses and projected revenues hold.

Details from the record: The discussion noted that SSA levy revenue remaining from prior collections was listed as $1,096 in the snapshot and that distributions to the SSA can arrive periodically (monthly or twice monthly). The presenter described the calculation as a snapshot of cash on hand and projected expenses and revenue through the fiscal year ending April 30, 2026.

Why it matters: The tax levy funds village operations and capital needs; the SSA levy is a targeted tax supporting services or infrastructure in the Cranmer Lake area. Keeping the SSA rate steady preserves the current funding level for the area rather than increasing assessments on those properties.

What the record shows: The meeting transcript refers to the tax levy resolution as a passed item and records trustees discussing SSA projections and the decision to keep the SSA unchanged. Specific roll-call vote details on the tax levy were not included in the excerpt; the record includes the board’s subsequent discussion of SSA balances and projections.