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Maywood holds Truth in Taxation hearing; staff recommends 5% levy increase, ordinance placed on Dec. 17 agenda
Summary
At a Dec. 3 public hearing, Maywood Finance Director Lanya Satchell recommended a 5% increase to the proposed 2019 real estate tax levy; trustees voted to place the levy ordinance on the Dec. 17 board agenda for final action after questions from trustees and public comment.
The Village of Maywood held a Truth in Taxation public hearing on Dec. 3, 2019, during which Finance Director Lanya Satchell presented staff’s recommendation to increase the proposed 2019 real estate tax levy by 5 percent and reviewed actuarial valuations for police and fire contributions covering May 1, 2019 through April 30, 2020.
Satchell and Village Manager Willie Norfleet Jr. responded to questions from Trustees I. Brandon, A. Sanchez and K. Wellington about the levy, related budget…
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