Classic Hits 103.9 WLPO

News from the Illinois Valley

Taxes Going Down In Oglesby

Posted by wlpo on December 8, 2009

Property taxes are going down in Oglesby.

The city council last night placed on filed their tax levy for fiscal year 2009 thru 2010.  The tax rate is going down from $2.11 to $1.94.  That’s an 8.7 percent decrease.

The city’s total tax asking is going to be $597,000, down $45,000 from the current fiscal year.  Finance Commissioner Paul Danekas says the rate can be lowered because of an estimated increase in the city’s equalized assessed valuation.

Sorry, the comment form is closed at this time.

%d bloggers like this: