Taxes Going Up In Peru

Peru’s traditionally been a town that’s worked hard at keeping the property tax rate low so when the library board asked the council for a considerable tax levy increase, aldermen were reluctant to go along.

The council last night agreed to have an ordinance drawn up increasing the library’s levy to nearly 500 thousand dollars. The council members who voted for it say they only did because they knew legally they had no choice. Dave Potthoff was the lone no vote.

It’s estimated the levy increase will drive up the property taxes on a home worth 150 thousand dollars to 85 dollars for just the library portion of the tax bill.