Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Addison trustees approve 2024 property tax levy and abatements; police pension levy rises
Summary
The Village Board approved a combined 2024 tax levy of $17,249,465 (village plus library) and adopted abatements on several bond levies; the village corporate levy increases marginally while the police pension levy rises 11.48%.
The Village of Addison adopted its proposed 2024 property tax levy and several related bond abatements at meetings on Dec. 2, 2024.
At a public hearing earlier in the evening, Colleen Witt, the village finance director and treasurer, presented a combined levy request of $17,249,465 that includes both the village and the independent library levy. Witt broke the village portion into three parts: a corporate levy of $5,885,594 (about a 0.14% increase over last year), a police pension levy of $4,893,318 (an 11.48% increase), and debt service of $512,323 (a 1.13% increase). Witt said the village portion totals $11,291,235, a 4.81% rise over last year’s village portion when aggregate refunds are excluded.
Mary Majel Mazenga…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
