PUBLIC NOTICE OF
PROPOSED PROPERTY TAX LEVY
FOR THE UNITED CITY OF YORKVILLE
I. A public hearing to approve a proposed property tax levy increase by THE UNITED CITY OF YORKVILLE for 2016 will be held November 22, 2016 at 7:00 P.M. at the City Council Chambers, 800 Game Farm Road, Yorkville, Illinois.
Any person desiring to appear at the public hearing and present testimony to the taxing district may contact Bart Olson, City Administrator, or Lisa Pickering, Deputy City Clerk, 800 Game Farm Road, Yorkville, Illinois (630) 553-4350.
II. The corporate and special purpose property taxes extended for 2015 were $3,685,617.
The proposed corporate and special purpose property taxes to be levied for 2016 are $3,793,185. This represents a 2.92% increase over the previous year.
III. The property taxes extended for debt service and public building commission leases for 2015 were $800,313.
The estimated property taxes to be levied for debt service and public building commission leases for 2016 are $760,396. This represents a 4.99% decrease over the previous year.
IV. The total property taxes extended or abated for 2015 were $4,485,930.
The estimated total property taxes to be levied for 2016 are $4,553,581. This represents a 1.51% increase over the previous year.