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Maywood holds public hearing on proposed 2018 real estate tax levy; ordinance placed on Dec. 18 agenda
Summary
At a Dec. 4 board meeting, Maywood officials heard a presentation on a proposed 5% increase to the 2018 real estate tax levy and voted to place a levy ordinance on the Dec. 18 agenda after public comment and trustees' questions about TIF eligibility and residential impacts.
The Village of Maywood held a public hearing on Dec. 4 on its proposed 2018 real estate tax levy, and trustees voted to place an ordinance for final action on the Dec. 18 board agenda.
Finance Director Lanya Satchell presented the levy components and said the recommended package reflects a 5 percent overall increase — about $628,000 — with the Corporate Fund at $13,188,381, a Recreation Fund allocation of $150,000, the Police Pension at $3,988,248 (a 4 percent decrease) and the Fire Pension at $2,940,553 (a 9 percent increase). Satchell made the overview during the hearing convened by Mayor Edwenna Perkins. "The components of the recommended Tax Levy for 2018 increase of 5% ($628,000.00) are as follows," Satchell said.
Trustees asked for clarifications on how tax rates were calculated and whether TIF (tax increment financing) eligibility would affect residential tax bills. Trustee A. Sanchez asked about senior citizens' access to information on tax breaks; Satchell and Village Manager Willie Norfleet answered trustees' questions and reiterated that the presentation showed no planned increase to residential property taxes.
Several residents addressed the board during the public-comment portion of the hearing. Commenters listed in the record included S. Gibson, G. Clay, C. Vandiver and K. Sorenson; Village Manager Norfleet responded to the public concerns raised. After discussion, Trustee K. Wellington moved and Trustee A. Sanchez seconded a motion to place "an Ordinance of the Board of Trustees of the Village of Maywood, Cook County, Illinois providing for the Levy, Assessment and Collection of taxes for the Year 2018 Tax Levy" on the Dec. 18 agenda; the motion carried with Mayor Perkins and Trustees H. Yarbrough, I. Brandon, A. Sanchez, K. Wellington and M. Lightford voting aye (Trustee R. Rivers absent).
Next steps: the levy ordinance will return for final action at the Dec. 18 board meeting. Residents who spoke at the hearing raised concerns about transparency and tax-break eligibility; the record shows staff responded but did not adopt changes to the proposed levy during the hearing.
