6 years, 4 months ago by Scott Hardy
State of Illinois's recommended rate was higher than 7.39% increase recommended earlier
The City of Quincy didn't get good news from the state of Illinois over setting a property tax rate for 2018. Scott Hardy explains.
( Audio :59 )
Monday night, the City Council heard from Mayor Kyle Moore that the State of Illinois has made a recommendation on what rate the city should set for its' property tax, a majority of which it uses to pay into police and firefighter pension funds. According to Moore, the state's rate is higher than the nearly 7.4% hike recommended by the private firm hired by the city.
( Mayor Kyle Moore :13 )
One way the city is trying to bring in more money for pensions is through a proposed ordinance that would increase the number of video gaming machines for some vendors.
( Mayor Kyle Moore :14 )
The Council will take final votes on the tax levy and the video gaming ordinance next week.
