Tuesday, November 16, 2010

City of Freeport seeks 22.5% hike - The Journal-Standard

add around $75 to the tax bill of a Freeport resident owning a $100,000 home.

“If we adopt (a 22.5 percent increase), in my opinion we will still face wage freezes and possible wage reductions in the coming fiscal year,” Joesten said.

contributions to employee pension funds have once again forced the city to look at a tax levy increase. This year, the requested tax hike has more than doubled.

“The pensions are mandated by the state, it is something we have to comply with,” Gaulrapp said. “We will have to decide which services continue through the council and through the citizens.”

Click on the following for more details:  City seeks 22.5% hike - Freeport, IL - The Journal-Standard

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