NOTICE OF PROPOSED PROPERTY TAX INCREASE FOR CITY OF MINONK
- A public hearing to approve a proposed property tax levy increase for the City of Minonk for 2022 will be held on Dec. 5, 2022 at 5:45 p.m. at City Hall, 670 N Chestnut Street, Minonk, Illinois 61760.
Any person desiring to appear at the public hearing and present testimony to the taxing district may contact City Administrator Bill Moline, 670 N Chestnut Street, Minonk, Illinois 61760 and 309-432-2558.
II. The corporate and special purpose property taxes extended or abated for 2021 were $327,795.
The proposed corporate and special purpose property taxes to be levied for 2022 are $386,605. This represents a 17.94% increase over the previous year.
III. The property taxes extended for debt service and public building commission leases for 2021 were $38,583.
The estimated property taxes to be levied for debt service and public building commission leases for 2022 are $39,200. This represents a 1.599% increase over the previous year.
IV. The total property taxes extended or abated for 2021 were $366,378.
The estimated total property taxes to be levied for 2022 are $425,805. This represents a 16.22% increase over the previous year.