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Belvidere City announces estimated 2025 tax levy; public hearing scheduled
Summary
Belvidere City finance staff presented the statutorily required announcement of the estimated 2025 tax levy, showing a city estimate of $5,729,687 plus $878,286 for the Ida Public Library (total $6,607,973); council approved the announcement 9–0 and scheduled public hearings and readings in December.
Belvidere City’s finance director announced the city’s estimated tax levy for tax year 2025 and the associated schedule for public review, saying the announcement is a required first step before formal adoption.
"As you know, a tax levy must be passed by the last Tuesday in December," Finance Director Turnipseed said, and he presented two figures: the…
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