Tag: Lanya Satchell

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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Maywood Transfers $1M From Rainy Day Fund To Pay Backlogged Bills

Thursday, March 1, 2018 || By Michael Romain || @maywoodnews || Updated: 3/3/18

During a Feb. 20 regular meeting, the Maywood Board of Trustees voted unanimously to transfer $1 million from the village’s working capital reserve fund (also known as its rainy day fund) in order to pay 33 vendors to whom the village owes money and with whom the village has outstanding balances of at least 60 days.

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