Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Tax Levy topic
No spam. Unsubscribe anytime.
Osceola board adopts 2025 tax levy; budget hearing closes with no public comment
Summary
The Village of Osceola adopted Resolution 24-16 authorizing the 2025 tax levy after closing the public hearing with no public comments; officials also reviewed mill-rate impacts and said most residents will see a slight net tax decrease due to school levy changes.
The Village of Osceola board adopted Resolution 24-16 on Nov. 30 authorizing the levy of taxes for the 2025 fiscal year and closed the public hearing on the proposed 2025 budget after no members of the public spoke.
Chair opened the hearing and invited comment before declaring it closed; the board then moved and carried the levy resolution. Chair explained the levy action is "our authorization to collect tax next year" and framed the levy as part of standard budget adoption procedures.
The chair presented a one-page breakdown of estimated mill-rate impacts: "School's down 11, county is down 2.3, and we are up 8.3," the chair said, adding that the net effect the board calculated was an estimated 3.6% reduction for a comparable property next year. The chair cautioned the pattern may not persist, noting the school district had reduced its levy after paying down debt tied to a prior referendum.
No formal public comments were recorded during the hearing. The board approved the agenda and the levy resolution by voice votes recorded as "aye" and "carries." The board signaled no further action on the budget at this meeting; staff indicated additional budget details and the audit materials will remain available for review.
Next procedural steps: the village will move forward with tax collection under the adopted levy and continue routine budget reporting to the board.
