Classic Hits 103.9 WLPO

News from the Illinois Valley

La Salle property owners to see a tax increase

Posted by wlpo on December 3, 2014

Coming up with the money for police and fire pensions often means raising property taxes. Property owners in La Salle can expect to pay more for the city’s share of property taxes next year.

The proposed tax levy is a 10.6 percent increase from last year’s. The total levy is approximately $2.5 million. Of that, about $888,000 is for pensions. $350,000 is being levied for the general fund.

Finance Director John Duncan, IV says the owner of a home valued at $100,000 could expect to see an increase of $161.

A Truth in Taxation hearing was held Tuesday night. The levy will be approved by the city council Tuesday, December 16.

Sorry, the comment form is closed at this time.

%d bloggers like this: