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Maywood board adopts estimated 2018 property tax levy in 3–2 vote
Summary
The Village of Maywood Board of Trustees on Nov. 20 adopted an estimated 2018 property tax levy after a 3–2 vote on a staff-recommended 5% increase for the corporate fund; finance director said residential bills should not rise due to a more than 13% increase in equalized assessed valuation.
The Village of Maywood Board of Trustees voted 3–2 on Nov. 20 to accept a resolution determining the estimated 2018 property tax levy, endorsing a staff recommendation for a 5 percent increase to the corporate fund.
Director of Finance Lanya Satchell told trustees the recommended 5 percent increase would support infrastructure improvements, the village's match requirements for grants, litigation costs,…
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