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La Grange board directs staff to publish proposed 2023 property tax levy at 4.5% plus new growth after amendment
Summary
After extended debate about pensions, lead-service lines and flood projects, the Village of La Grange Board of Trustees voted to publish a proposed 2023 property tax levy of 4.5% plus an estimated 0.6% in new growth for formal adoption at a subsequent meeting.
The Village of La Grange Board of Trustees narrowly directed staff to publish a proposed 2023 property tax levy of 4.5% plus an estimated 0.6% in new growth after amending an initial staff recommendation to publish a 5.6% increase.
Trustees discussed fiscal tradeoffs for nearly two hours, with supporters saying higher levies are needed to fund rising pension costs, lead-service-line work and flood mitigation, and opponents stressing the impact on homeowners. Trustee Peterson said she was “concerned that continuing to levy less than what is allowable will cause the Village to… impact…
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