City Property Tax Hearing December 14

Picking up the city’s slack in posting legal notices online:

NOTICE OF PROPOSED PROPERTY TAX INCREASE FOR THE CITY OF DEKALB, ILLINOIS

I. A public hearing to approve a proposed property tax levy increase for the City of DeKalb, Illinois for 2009 will be held on Monday, December 14, 2009, at 7:00 p.m. in the City Council Chambers, DeKalb Municipal Building, 200 South Fourth Street, DeKalb, Illinois.

Any person desiring to appear at the public hearing and present testimony to the taxing district may contact Steve Kapitan, City Clerk, Municipal Building, 200 South Fourth Street, DeKalb, Illinois at 815/748-2096.

II. The corporate and special purpose property taxes extended or abated for 2008 were $5,508,722.

The proposed corporate and special purpose property taxes to be levied for 2009 are $8,067,697. This represents a 46.45% increase over the previous year.

III. The property taxes extended for debt service and public building commission leases for 2008 were $0.

The estimated property taxes to be levied for debt service and public building commission leases for 2009 are $0. This represents a 0.00 percentage increase over the previous year.

IV. The total property taxes extended or abated for 2008 were $5,508,772.

The estimated total property taxes to be levied for 2009 are $8,067,697. This repsresents a 46.45% increase over the previous year.