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Bloomington council approves staff-recommended 2025 city levy estimate, 8–2
Summary
The council approved the staff-recommended option to raise the city’s 2025 estimated property-tax levy, generating about $3 million for police, fire and parks; the measure passed 8–2 with Council members Montney and Lee voting no. City officials said revenue upticks help but do not fully cover rising pension and inflation-driven costs.
The Bloomington City Council on Monday approved the city’s 2025 tax-levy estimate, voting 8–2 to adopt staff’s Option 1 — a rate change to about 0.95 that staff said would produce roughly $3,000,000 to be directed to police, fire and parks.
City Manager Lance Jurgens told the council the estimated total assessed value for the city rose from roughly $2.4 billion last year to about $2.6 billion, and that the estimate published now will be followed by a truth-in-taxation hearing and a final levy vote at the council’s Dec. 15 meeting. “We are trying to catch up and our Council has a policy to get those a100% funded by 2040,” Jurgens said of public-safety pensions.
The action followed a staff presentation that laid out three options: the recommended…
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