HomeMy WebLinkAbout2010-12-09 Special AgendaTHE VILLAGE BOARD OF TRUSTEES OF THE
VILLAGE OF MORTON GROVE WILL HOLD
A SPECIAL MEETING
AT 5.30 PM, ON THURSDAY, DECEMBER 9, 20101
AT THE
RICHARD T. FLICKINGER MUNICIPAL CENTER
COUNCIL CHAMBERS
6101 CAPULINA AVENUE
MORTON GROVE, ILLINOIS
10 Call to Order
IL Pledge of Allegiance
III. Roll Call
IV. Truth in Taxation Public Hearing
V. Adjournment
Richard T. Flickinger Municipal Center
6101 Capulina Avenue ® Morton Grove, Illinois 60053 -2985
Tel: (847) 965 -4100 Fax: (847) 965 -4162
Corrected /Updated Version as of November 23, 2010
I. A public hearing to approve a proposed property tax levy for the Village of Morton
Grove for 2009 will be held on December 9, 2010, at 5:30 pm at the Richard T. Flickinger
Municipal Center, 6101 Capulina Avenue, Morton Grove, Illinois. Any person desiring to
appear at the public hearing and present testimony to the taxing district may contact Mr.
Joseph Wade, Village Administrator, 6101 Capulina Avenue, Morton Grove, Illinois 847/663-
6101.
II. Corporate and special purpose property taxes extended or abated for 2009 were
$12,410,363. The proposed corporate and special purpose property taxes to be levied by
the Village for 2010 are $20,382,820. This represents a 48.92% increase over the
previous year.
III. Property taxes extended for debt service and public building commission leases for
2.009 were $1,040,513. The estimated property taxes to be levied for debt service and
public building commission leases for 2010 are $1,250,513. This represents a 20.18%
increase from the previous year_.
IV. The total property taxes extended or abated for 2009 were $14,727,667. The
estimated total property taxes to be levied for 2010 are $21,633,333. This represents a
46.89% increase over the previous year..
SUPPLEMENTAL INFORMATION FOR PROPOSED PROPERTY TAX LEVY FOR THE VILLAGE OF MORTON GROVE
Included in the aggregate levy for the Village of Morton Grove is the levy for the Morton
Grove Public Library. Property taxes extended for the Library for 2009 were $2,761,110.
The proposed library property taxes to be levied for 201.0 are $3,192,505. This
represents a 15.62% increase over the previous year.
The aggregate
'Levy of the Village
of Morton
Grove
for 2010 for corporate
and special.
purpose taxes
-Levy for 2010
includes abatements
after the abatement
totaling
is $769,118
$8,453,851.
or 6.20
The net increase
%.
to the Village's