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Police pensions could lead to property tax increase in Oglesby

Posted by wlpo on November 17, 2015

Whether you even use it, the Love’s truck stop is helping to keep property taxes down in Oglesby.

The city’s tax base has grown since the truck stop opened up in the past year. And whether you’re a fan or not, city leaders expect the medical marijuana cultivation center to help keep taxes down in the future.

According to the NewsTribune, paying police pensions could still mean a property tax increase next year for Oglesby. The city can’t really know how much they have to set aside for police pensions until the state gives them a figure.

The budget impasse is slowing the process down.

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