Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Municipal Finance topic
No spam. Unsubscribe anytime.
Holiday Hills board approves 5%-cap levy increase for fiscal 2024–25
Summary
Trustees approved Ordinance 387-24 levying and assessing taxes for fiscal year May 1, 2024–April 30, 2025, discussing the statutory 5% annual limit on levy increases; motion carried unanimously.
Trustees voted unanimously to approve Ordinance 387‑24 levying and assessing taxes for the Village of Holiday Hills for fiscal year May 1, 2024, through April 30, 2025. Attorney Gibson and Trustee Mickey Brown discussed how state rules permit the levy to rise up to 5% annually, and the board elected to use the 5% increase this year.
The motion to approve the levy ordinance was made by Trustee Brian Agrella and seconded by Trustee Kamil Pawlak; the minutes record an aye vote from all five trustees. The ordinance increases the village’s tax levy within the statutory allowance and was recorded as passed on the Nov. 13 agenda.
