Tuesday, November 20, 2012
Levy to be submitted to Kendall County by end of December.
Although Yorkville officials are predicting a lower tax levy, residents property tax rates will remain much the same as the previous year. The city’s three tax levies for general operations, the library and to pay off bonds will be down in total by approximately 2.5 percent. The estimated corporate and special purpose levy is $3,650,692, although the final number is expected to be lower, said City Administrator Bart Olson. He said the city always seeks a larger portion than it is likely to get. Olson said he expects the levy to come in at approximately $3.5 million after the assessed value is known. Olson said they’re seeking more funds to “catch up” on police pension funding. During tough economic times the city delayed paying into the …
Friday, October 26, 2012
Total levy estimated at $4.9 million, according to city documents.
A public hearing for Yorkville’s proposed Fiscal Year 2013 tax levy will be held Nov. 13. The estimated corporate and special purpose levy is $3,650,692, although the final number is expected to be lower, said City Administrator Bart Olson. The estimated $3.6 million figure is 6.1 percent higher than the approved $3.55 million levy passed in 2011, Mayor Gary Golinski said during Tuesday night’s council meeting. The estimated property tax to be levied for debt service and public building commission leases is $1,257,909. Total property taxes estimated for the levy are $4.9 million, a .71 percent reduction in all city property taxes, according to city documents. In 2011 city officials unofficially adopted a plan to reduce levies for Fiscal …
Friday, May 6, 2011
Yorkville residents unhappy with the amount of property taxes they're paying can't do anything about it until this fall.
Not happy with your property tax bill? You can't do anything about it until this fall. According to Illinois state statute, homeowners have 30 days to appeal any changes in their home's assessed value -- when a home's assessed value rises, so will the property taxes that its owner pays -- once they receive notice from their local township assessor. That deadline passed long before Kendall County residents began receiving their 2010 property tax bills in late April and early May. This means that Yorkville homeowners unhappy with the amount of property taxes they're paying will have to wait until later this year to argue for a lower figure. If they're successful, the changes will go on next year's tax bill. Andy Nicoletti, chief assessor of …
Tuesday, March 1, 2011
Yorkville city leaders presented information about the April 5 sales tax referendum. If the referendum passes, they hope to use that revenue, rather than property taxes, to cover next year's sewer debt payment.
A majority of the 30 or so people who attended a public forum Monday raised their hands in support of the sales tax referendum at the end of the informal discussion, although some audience members questioned whether residents could afford any new taxes. Autumn Creek resident Christopher Gross figured the proposed one-percentage point sales tax increase would be less of a burden for most residents than the property tax hike city leaders imposed to cover its sewer bond payments in December. Yorkville Mayor Valerie Burd proposed the sales tax increase to raise money for the city’s December 2012 sewer bond payments. City leaders estimate the sales tax increase would raise about $2 million a year, compared to the $1.75 million the city expects …
41.65244
-88.451154
Yorkville Public Library
902 Game Farm Rd, Yorkville, IL
/articles/forum-participants-lean-toward-sales-tax-increase
1351309
/locations/3539333
Wednesday, December 29, 2010
Mayor Valerie Burd is considering a sales-tax increase referendum to help cover future sewer debt payments.
Yorkville Mayor Valerie Burd wants to craft a sales-tax increase referendum so the city doesn't have to rely on property taxes to cover its sewer and water debt payments in the 2012-2013 fiscal year. "I believe real estate taxes are not an equitable tax," Burd said. "… I think sales tax revenue gives people an option as to whether they want to go to stores here and pay this." Yorkville presently gets 1 percent of the 7.25 percent sales tax from transactions in most parts of the city, but City Administrator Bart Olson roughly estimated a 1 percent sales-tax increase would bring about $2 million more next year for the city. Yorkville voters would have to approve the increase through a referendum, so Burd is expected to ask aldermen to place…
41.651393
-88.451285
United City of Yorkville City Hall
800 Game Farm Rd, Yorkville, IL
/articles/yorkville-mayor-proposes-sales-tax-increase
1351036
/locations/2900999
Michelle
8:54 pm on Tuesday, November 20, 2012
Bob why throw stones at Mark, what have you done to stop the greed in Yorkville? To get rid of those bad people in office is going to take a LOT more than just 1 guy fighting the fight. more ›