tax levy
Truth-in-Taxation public hearing held at Collinsville Board of Education meeting
By Ray Popkess • Collinsville’s School Board met last week to discuss their adjustments to 2025’s tax levy. Jamie Hadjan, the district’s director of finance, presented the board with calculations she formulized to make sense of the upcoming changes. Based on last year’s equalized assessed value (EAV) of property assets totalling $1,166,038,338, Hadjan explained her…
Read MoreGlen Carbon 2025 Tax Levy to rise by 4.47%
By Kathy Turner • The 2025 tax year will see a levy in Glen Carbon in the amount of $3,645,096. This represents a 4.47% increase. The actual rate for residents will not be determined until assessments are set by Madison County next spring. The board also approved the final budget for the village’s 2025-26 fiscal…
Read MoreCollinsville’s proposed 2026 budget offers 5% increase in property tax levy
By Ray Popkess • A budget report highlighting a balanced budget for the city next year totaling $97,622,675 included a property tax levy increase by 5%. Last week’s city council meeting began with a public hearing on the proposed budget for the fiscal year ending Dec. 31, 2026. All $3,780,882 garnished by the city for…
Read MoreTroy officials come close to setting 2025 tax levy
Charles Bolinger Editor Fred Keck told Troy’s City Council on Nov. 17 that they have three choices regarding the 2025 tax levy – keep it flat, set it at 4.9% or set it higher than 5%. A tax levy is the annual amount of money a taxing body certifies to the Madison County Clerk to…
Read MoreGlen Carbon Board approves Phase 3 of shared-use path
By Kathy Turner • Following a bidding process, the Glen Carbon Board approved Volkert as the design engineer for the Glen Carbon Road Shared-Use Path, Phase III on Nov. 12. This will extend the walking and biking path from Lakeview to the intersection of Glen Carbon Road and Route 159. Total project cost for this…
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