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DeKalb council advances 2025 property tax levy and approves tax‑abatement ordinance; debate centers on affordability and reserves
Summary
Council approved Ordinance 2025‑045 (first reading) setting the 2025 levy and Ordinance 2025‑046 abating corporate purpose taxes for 2025. City staff and council members discussed levy mechanics, special service areas, and the use of general fund reserves to cover capital needs and pension obligations.
At its Nov. 10 meeting the DeKalb City Council advanced the 2025 property tax levy in Ordinance 2025‑045 (first reading) and approved Ordinance 2025‑046 abating taxes for corporate purposes for tax year 2025. City Manager Bill Nicholas described how the levy calculation interacts with the library aggregate rate, special service areas (SSAs) and existing debt obligations; staff said the proposed levy would result…
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