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Tax Levv-2008
<br /> December 3, 2008 i
<br /> Actual Actual Actual Proposed Increase ,
<br /> LEVY 2005 2006 2007 2008 (Decrease)
<br /> General Fund 0 0 0 0 0
<br /> Police Pension 2,521,759 2,645,037 2,723,274 2,995,601 272,327
<br /> Fire Pension 2,582,070 2,869,618 2,792,651 3,071,916 279,265
<br /> IMRF/FICA 765,083 653,043 749,641 1,052,801 303,160
<br /> Municipal Band 70,000 70,000 75,000 75,000 0
<br /> Mass Transit 218,623 218,623 218,623 218,623 0
<br /> Library 3,116,708 3,272,543 3,501,664 3,387,001 (114,663)
<br />, Debt Service - Bond Levy 5,246,802 4,932,892 5,474,237 5,438,745 (35,492)
<br /> Less Abatement -3,991,507 -3,976,750 -4,525,686 -4,689,687 (164,001)
<br /> TOTALS 10,529,538 10,685,006 11,009,404 11,550,000 540,596
<br /> % increase 1.48% 3.04% 4.91%
<br /> E liz A V
<br /> q
<br /> ua ed ssessed alue $829,097,689 $861,694,246 $893,386,367 $920,187,958 $26,801,591
<br /> estimated
<br /> Tax Rate $1.2700 $1.2400 $1.2323 $1.2552 $0.0229
<br /> estimated
<br /> % increase (decrease) -2.36% -0.62% 1.85%
<br /> estimated
<br /> K:\CVCFinanceWnnual\Tax Levy -2008\TAX LEVY-2008- December 3, 2008 Page 1
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