City of Kewaunee to Ask Voters for Increased Tax Levy

At a special meeting of the Kewaunee Common Council Monday night, the council passed a resolution to ask voters for permission to exceed the state imposed levy limit by $175,000. The question will appear on the ballot for the November 8th election. The impact on property owners in the City of Kewaunee would be an increase of $100 on each $100,000 of assessed value to the city portion of their tax bill. The city intends to use the additional funding for debt service, covering the 2017 budget shortfall, replenish the general fund, and place some in reserve for contingencies, emergencies and capital expenditures. The council intends that the levy increase be applied on an ongoing basis beyond 2017.

Advertisement
Posted in News | Tagged |

Comments are closed.