The proposed budget submitted by the Village Manager to the Village Board for consideration includes the General Fund Budget of the $13,592,969.
The 2013-14 budget would require an estimated tax rate of $244.51. Village assessed values are estimated to reach $41,470,301.
The proposed budget translates into an increase of $226,725, which represents a 1.7 percent increase in expenditures and requires a 2.23 percent increase in property taxes.
Given the average property assessment of $16,907, this increase reflects an annual property tax increase of $90.11.
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