Legislation Details

File #: ID 24-334    Name:
Type: Report Status: Regular Agenda
In control: Finance Committee
On agenda: 7/9/2024 Final action:
Title: A Discussion on the Proposed Property Tax Levy Policy
Attachments: 1. Village of Oak Park Tax Levy Policy
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Submitted By                     

Donna Gayden, Interim Chief Financial Officer 

 

Reviewed By

Erin E. Baynes, Assistant to the Village Manager.

 

Agenda Item Title

Title

A Discussion on the Proposed Property Tax Levy Policy

End

Overview

Overview

In 2018, the Village Board established an informal policy to cap the annual levy increase at 3%. This meeting will be a discussion of the Village’s Proposed Property Tax Levy Policy.

End

 

Recommendation

Recommendation

N/A

 

Background

None - report only.

 

Fiscal Impact

None - report only.

 

DEI Impact

N/A

 

Alternatives

N/A

 

Previous Board Action

N/A

 

Citizen Advisory Commission Action

N/A

 

Anticipated Future Actions/Commitments

N/A

 

Intergovernmental Cooperation Opportunities

N/A