Elmhurst City Council Approves Tentative 4.19 Percent Tax Levy Increase
Levy estimate includes possible hospital reimbursement.
Elmhurst City Council on Monday approved a preliminary 2012 tax levy—or annual request for property taxes—of $16.76 million, a 4.19 percent increase over last year. First Ward Alderman Paula Pezza cast the only "no" vote. Illinois' Truth in Taxation Law requires the city to estimate the taxes to be levied for the 2012 tax year at least 20 days prior to adoption of the 2012 tax levy ordinance, which is slated for Monday, Dec. 3. Aldermen will continue levy discussions over the next few weeks before finalizing the levy. The $16.76 million estimated levy includes $9.46 million for the city and $7.3 million for Elmhurst Public Library. The Elmhurst Memorial Hospital property is the big wildcard for all taxing bodies in York Township. While …
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David R.
2:13 pm on Tuesday, November 6, 2012
Seriously -- it is a complete outrage that a for-profit organization would qualify for tax-exempt status. And retroactively, no less. All to the detriment of Elmhurst taxpayers and our schools. It seems like no one is paying attention to this matter. The school district is going to have to return $2.5 million to a for profit entity!! Wake up residents -- ridiculous tax decisions like this and the… more ›