Category: Fiscally Speaking

Maywood Board Mulls 5% Tax Levy Hike That Staffers Say Won’t Cost Taxpayers

Friday, November 23, 2018 || By Michael Romain || @maywoodnews 

Featured image: A chart comparing the 2017 tax levy and the breakdown of revenue based on incremental increases over last year’s levy. | Village of Maywood 

During a Nov. 20 regular meeting, the Maywood Board of Trustees voted 3-2 for a resolution approving an estimated property tax levy for 2018 of $23,019,182 — an amount that was recommended by village staffers, who stressed that the increased levy will not necessarily translate into increased taxes.

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