Scotia plans on exceeding tax cap
The village of Scotia is set to adopt an $8.6 million 2013-2014 budget that slightly exceeds the tax cap.
A copy of the proposed budget is available below.
The Board of Trustees will hold a public hearing on Wednesday at 7 p.m. on the spending plan that would increase the tax levy by 3.2 percent — above the village’s limit of 2.5 percent.
Read a full story on the proposed budget HERE.
If the budget is approved, which the trustees are scheduled to do following the hearing, the tax rate is projected to increase from $11.64 to $12.01 per $1,000 of assessed valuation. The average resident with a home assessed at $125,000 would see his village taxes increase about $55, to $1,501.
Mayor Kris Kastberg said this budget doesn’t cut any additional programs. “I think it’s a good budget,” he said. “It maintains the services.”
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