Tonight is the monthly Algonquin Township Board meeting at the Township Hall.
Road Commissioner Andrew Gasser cut his levy 5% last year.
The last year that predecessor Bob Miller was in office, his levy was cut 3%.
The first budget of successor Gasser it was reduced 5%:
Let’s look at the tax levy numbers for the last four years first:
Here are the bottom lines for the four tax collection years and proposed for next year.
But Gasser’s proposal is also interesting beneath its bottom line reduction of 1.8%, coming after his 5% tax cut last year.
The Road District levied for six funds throughout recent years.
Tax protest suits have been file because of excessive accumulation.
As a result, Gasser figured that any levy for three of the fund would result in tax protesters winning.
So, he cut their levies to $10 apiece.
Gasser said he set the three levies at $10 after consultation with new auditor George Roach.
Details of the tax protest loss and fund accumulations for the taxes collected in 2015 (the 2014 tax year) can be found in this article:
Judge Thomas Meyer found
- The Social Security Fund was 2.82 times too high.
- IMRF accumulations were 2.17 times higher than they should have been.
- The Audit Fund was an astonishing 24.33 times higher than could be justified.
The Illinois General Assembly has since passed legislation allowing townships to have two and a half times the amount spent in a year.