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City of Decatur, Illinois
<br /> 2020 Property Tax Levy
<br /> Tax Levy Options
<br /> for Council Consideration
<br /> 2019 2020 2020 2020
<br /> Current Proposed Proposed Proposed
<br /> Dollars (whole) Tax Levy Tax Levy Tax Levy Tax Levy
<br /> Option 1 Option 2 Option 3
<br /> Option Descritton k� No change Levy$ Levy$
<br /> in levy$ Flat Tax rate necessary
<br /> Now -, Y rY
<br /> AV ssum tions " AV growth AV growth AV growth
<br /> annexation annexation annexation
<br /> new new new
<br /> construction construction construction
<br /> Assessed Value $ 832,843,703.00 849,000,000.00 849,000,000.00 849,000,000.00
<br /> General Obligation Bond Debt 2,122,002.35 2,122,002.35 2,164,508.00 2,164,508.00
<br /> Police Pension 4,000,064.79 4,000,064.79 4,436,000.00 4,800,000.00
<br /> Firefighter Pension 5,100,001.41 5,100,001.41 4,897,000.00 5,300,000.00
<br /> Library 2,900,044.89 2,900,044.89 2,900,000.00 2,900,000.00
<br /> Municipal Band 65,045.09 65,045.09 65,000.00 65,000.00
<br /> Rounding 0.01 0.01 - -
<br /> Tax Levy 14,187,158.54 14,187,158.54 14,462,508.00 15,229,508.00
<br /> City Tax Rate 1.70346 1.67104 1.70348 1.79382
<br /> Tax levy increase vs.current - 275,349.46 1,042,349.46
<br /> Tax Levy necessary to fund requirements $ 15,229,508.00 $ 15,229,508.00 $ 15,229,508.00
<br /> x' w 1,042,349.46 $ 767,000.00 $
<br /> General fund required to fund �>�w. , $ -
<br /> Office of the City Treasurer
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