Muyni
← Back to Homewood

Public Hearing - 2023 Truth in Taxation

Regular Meeting

Homewood, IL · December 12, 2023

AgendaPacketMinutes

Minutes

VILLAGE OF HOMEWOOD PUBLIC HEARING ON THE 2023 LEVY DECEMBER 12, 2023 VILLAGE HALL BOARD ROOM President Richard Hofeld called the meeting to order at 7 p.m. Trustees present were Trustee Lisa Purcell, Trustee Julie Willis, Trustee Anne Colton, Trustee Jay Heiferman, Trustee Vivian Harris-Jones, Trustee Lauren Roman. President Hofeld asked Director of Finance Amy Zukowski to give a review of the proposed 2023 levy for the Village. She explained that state law requires a public hearing if the tax levy is greater than 7 percent. The total levy is approximately $6.78 million under the Property Tax Extension Limitation Law (PTELL). Those taxes will operate the village and cover pension obligations at the statutory minimums. The Village allocated $2.5 million for police pensions and $814,000 for fire pensions. Director Zukowski also noted an increase of 4.82 percent in the risk management insurance allocation. She said this was necessary due to an increase in insurance premiums as the Village has seen a rise in Workmen’s Compensation claims over the past five years. The Village has no debt obligation which reduced the levy by $500,000 or a drop of 1.71 percent for the average taxpayer. The final levy is 6.79 million which includes a small pension amount not subject to PTELL. The Village portion of a homeowner’s tax bill is 11 percent. President Hofeld asked for comments from the audience. None were offered. Trustees thanked Director Zukowski for her work on the levy. The board was scheduled to approve the levy at the regular December 12, 2023, board meeting. A motion was made by Trustee Roman and seconded by Trustee Harris-Jones to adjourn the Truth in Taxation hearing on the 2023 Village of Homewood levy. AYES—Trustees Purcell, Willis, Colton, Heiferman, Harris-Jones and Roman. NAYES— None. Motion passes. Respectfully submitted, Marilyn Thomas Village Clerk

Agenda

MEETING AGENDA Public Hearing - 2023 Truth in Taxation Village of Homewood December 12, 2023 Meeting Start Time: 7:00 PM Village Hall Board Room 2020 Chestnut Road, Homewood, IL Board Meetings will be held as in-person meetings. In addition to in-person public comment during the meeting, members of the public may submit written comments by email to comments@homewoodil.gov or by placing written comments in the drop box outside Village Hall. Comments submitted before 4:00 p.m. on the meeting date will be distributed to all Village Board members prior to the meeting. Please see last page of agenda for virtual meeting information. 1. Call to Order 2. Roll Call 3. Presentation(s): Finance Director Amy Zukowski will present information on the Village of Homewood 2023 Final Real Estate Tax Levy. 4. Comments from the Public 5. Comments from the Board 6. Adjourn ___________________________________________________________________________ Zoom Link: https://zoom.us/ - To View the Meeting via Computer or Smartphone - Type in: Zoom.us into any internet browser. Select: JOIN A MEETING from menu at top right of page. Meeting I.D.: 980 4907 6232 Meeting Password: 830183. Enter an email address (required), or - To Listen to the Meeting via Phone - Dial: (312) 626-6799 Enter above “Meeting I.D. and Meeting Password” followed by “#” sign ___________________________________________________________________________

Get email alerts for Homewood

A daily email when new agendas and minutes are posted.

Report an issue with this meeting