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Woodstock staff outline 2025 tax digest, present options to lower millage

City Council of the City of Woodstock · August 18, 2025

AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Finance staff presented the 2025 tax digest showing net new construction growth of 5.03% and recommended rollback options: calculated rollback 5.093 mills and an option to set M&O to 5.065 mills (total including parks debt service ~5.605–5.633 mills); council signaled support for a modest rollback.

Woodstock—ity finance staff presented the 2025 tax digest and millage-rate options at the Aug. 18 work session, offering council a choice between the calculated rollback rate and a slightly lower maintenance-and-operations (M&O) rate that would produce a modest tax decrease.

Ron Shelby, presenting as the…

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