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Glenview staff: proposed 2025 levy flat to taxpayers, three pensions will comprise majority of levy
Summary
Finance staff told trustees the proposed 2025 levy is flat to 2024 with only new-growth increases (0.95%/~$149,214) and that three pension lines (police, fire, IMRF) will account for roughly 83% of the levy; trustees asked about funding levels and actuarial percentages.
Finance Director Pozniak presented the village—s proposed 2025 property tax levy at Budget Workshop 3, saying staff started with the 2024 net levy of $15,706,777 and added about 0.95% (about $149,214) in new growth to arrive at a proposed levy of $15,855,991. He emphasized the approach mirrors prior years: the levy is flat to current taxpayers, with increases coming only from growth tied to new or improved properties.
Pozniak walked trustees through the levy—s five components and said the three pension contributions (police, fire and IMRF) represent a…
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