City Council Minutes 1989 09-28-89 (public hearing) MINUTES OF THE PUBLTC HEARItdC; HELD BEFORE THE CTTY COUNCIL nF THE
UNITED CITY OF THE VILLAGE OF YORKVILLE KENDALL COUNTY ILLINOIS AT
CITY HALL ON SEPTEMBER 28 1989 .
RE : TRUTH & TAXATION - 1989-90 TAX LEVY
Mavor Davidson called the Public Hearing to order at 7 ;00 p.m., and
turned the meeting over to Attorney Kramer who explained the purpose
for the public hearing, and that the tentative tax levy was presented
at the previous meeting on September 14 , 1989 in the amount of
5389 , 896 . 34 , up approximately 15% over the previous year .
Approximately $ 15, 000 was levied for the library. This maximum legal
amount must be levied in order for them to quality for a matching grant
from the state .
Ruth Schneider asked if the library doesn't get funds when new
subdivisions open up . Attorney Kramer explained that an impact fee
is placed on all subdivisions platted after a given date, and amounts
to $ 150 per lot , but that it is entirely seperate from the levy of
taxes .
Mavor Davidson stated that as long as the tax assessor doesn't raise
the assessed value of a property, the City's portion of the tax bill
will not increase .
There being no further comments, Alderman Small moved to adjourn the
Public Hearing , seconded by Alderman Pfister . Motion carried .
Lua-ne J . Erir.. son, -City Clerk