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Zion council approves $1.54 million property-tax abatement tied to CJA funding
Summary
The Zion City Council approved an ordinance abating $1,538,876.56 in property taxes under the CJA program, a move city officials said will reduce the city's levy by about 17% but could interact with PTEL limits; council also cited pending state legislation (House Bill 4465) to prevent long-term penalties.
The Zion City Council on Feb. 17 approved an ordinance to abate $1,538,876.56 in property taxes associated with the CJA (global jobs act) program.
Administrator Nabel told the council the abatement represents roughly a 17% reduction in the city’s property tax levy and is intended to pass through tax relief tied to the CJA funding. "The amount that I'm requesting we abate is $1,538,876.56," Nabel said.
City officials…
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