Politics & Government
Officials Want Property Tax Freeze for Montgomery
A vote will follow a property tax levy public hearing in December, according to a report.
Village officials want to freeze the property tax levy at last year’s level and are scheduled to vote on that proposal in early December, according to a report.
A public hearing on the levy proposal will shortly precede the December vote, Sun-Times Media reports.
Municipalities are allowed to bump the levy by 5 percent or at a rate tied to rise in the Consumer Price Index, according to the report.
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Instead of any hike, officials are pushing for a hold that won’t see taxes go up as property values drop, the Sun-Times Media report states.
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