HomeMy Public PortalAbout12-02-2002 Public Hearing
PLAINFIELD VILLAGE BOARD OF TRUSTEES
PUBLIC HEARING
DATE: DECEMBER 2, 2002
AT: VILLAGE HALL
BOARD PRESENT: RROCK, S.THOMSON, K.O'CONNELL, S.CALABRESE, M.COLLlNS,
J.CHERRY.
BOARD ABSENT: RSWALWELL
OTHERS PRESENT: S.JANIK, CLERK; J.HARVEY, ATTORNEY; M.GARRIGAN, PLANNER;
APERSONS; PUBLIC WORKS DIRECTOR; C.MINICK, MANAGEMENT SERVICES DIRECTOR;
S.LARSON, ENGINEER; D.BENNETT, CHIEF OF POLICE; M.GIBAS, RECORDING
SECRETARY; AND T.L. BURGHARD, ADMINISTRATOR
TAX LEVY 2002-2003
Mayor Rock called the meeting to order at 7:07 p.m. Present roll call stands.
Mr. Chris Minick, Management Services Director, explained that the Ordinance reflects a proposed
property tax increase of $2,318,925 for the total property tax levy, consisting of an operating
component of $2,200,000 and a bond and interest component of $118,925. This amount
represents roughly a 27% increase over the prior year's levy and is due almost entirely to growth
and annexation of new property in the Village. Without any new growth or new property, the
increase in the levy would only be $27,000 or approximately 1.5%. Even with the large increase in
the dollar amount of the levy, the rates will decline for the 15th straight year. The Village portion of
the of a property owner's tax bill is roughly 7%.
Administrator Burghard pointed out that out of this year's total budget of some $43.5 million dollars,
real estate taxes pay less than 5.35% of the total budget. The revenue to operate the Village only
5.35% comes out of real estate taxes, the remainder comes out of sales taxes, impact fees, and
other intergovernmental revenue.
There were no Public Comments.
Trustee Thomson moved to close the Public Hearing and return to the regular business meeting.
Seconded by Trustee Calabrese. Vote by roll call. O'Connell, yes; Thom,son, yes; Cherry, yes;
Calabrese, yes; Collins, yes; Swalwell, absent. 5 yes, 0 no, 1 absent. Motion Carried.
The meeting adjourned at 7: 11 p.m.
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Michelle Gibas
Recording Secretary
Approved:
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usan Janik
Village Clerk