Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance Levies topic
No spam. Unsubscribe anytime.
Terrace Park council adopts annual amounts and rates resolution, confirms audit results
Summary
Council introduced and adopted Resolution 10-1-2024 certifying amounts and rates for tax levies, noting a projected $7,000 increase in revenue versus last year, and the village reported an audit with no exceptions.
At its Oct. 8 meeting the Village of Terrace Park council moved to accept the amounts and rates as determined by the budget commission and to certify the necessary tax levies to the county auditor.
The finance representative said the review "projects about a $7,000 increase in revenue versus last year," and indicated the numbers match expectations for inside and outside millage. The council introduced Resolution 10-1-2024 to accept the amounts and rates and authorized certifying them to the county auditor.
Council members then moved to adopt the resolution as an emergency and recorded affirmative votes. The finance report also noted the village passed its most recent audit with no exceptions, which the council praised as evidence of strong recordkeeping.
The resolution was adopted on the record and will be forwarded to the County auditor as the required annual certification of levies.
