patching...
Update: We've passed 400 Facebook likes! Have you liked us yet? »
Welcome back, Patch Blogger!

Board Meeting

Wednesday, December 15, 2010

Village Approves Tax Levy for 2010

The village may have caught a minor break with this year's police pension fund levy, allowing some additional funding in other areas. Most residents will likely owe only a few cents over last year's bill to the village.

Burr Ridge approved the 2010 Tax Levy at its Dec. 13 meeting and with it came more discussion and hand wringing over the Police Pension Fund, although overall numbers for the village will be good. The total request for the 2010 Tax Levy is $1,040,110, representing a 9.77 percent increase over last year's rate – but only in theory. The village is calculating a growth rate of 10 percent, likely a higher-than-actual number, but used this number to make sure they capture all possible growth in the village, said Village Adminstrator Steve Stricker. In 2009, the village collected $947,523, orginally asking for a Tax Levy of $1,006,656. Sticker said at the Nov. 8 meeting that some residents could see a maximum increase of around $3 in total tax …

Got a Hot Tip?