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TO: Mayor Richard C. Irvin
FROM: Christopher A. Minick, Chief Financial Officer, City Treasurer
DATE: October 24, 2024
SUBJECT:
2024 Special Service Area Property Tax Levies. (Special Service Area Number One)
PURPOSE:
To obtain the City Council's approval of the 2024 property tax levies for the special service areas (SSAs) established within the city.
BACKGROUND:
The city has established numerous SSAs within its corporate boundaries for a variety of purposes. Some of these SSAs are "active" and SSA property taxes are levied in support of their purposes. The remaining SSAs are "dormant." Generally, the city has established the dormant SSAs as a contingency to enable the city to undertake focused stormwater management projects should the need arise. .
DISCUSSION:
Attached as Exhibit 1- SSA is a schedule summarizing the proposed 2024 property tax levies for the active SSAs.
1. SSA 63, Near West Side Lighting. This levy is being increased by $1,300 since the 2024 levy payable in 2025 will be the final levy for this SSA.
2. SSA 65, Eastview Estates. This levy is being increased by $1,050 since the 2024 levy payable in 2025 will be the final levy for this SSA.
3. SSA 66A, Foran Lane/New Haven. This levy is being increased by $100.
4. SSA 66C, North Foran Lane. This levy is being increased by $100.
5. SSA 88, View Street. This levy was to be completed this year but there is a remaining balance of $1,404.80. This SSA will be extended and will have the final tax levy in 2025 payable in 2026.
6. SSA 90, Plum Street/Howard Avenue. This SSA levy is in the process of being extended and the extension will be completed in January of 2025. The levy will be effective 2025 (payable in 2026).
7. SSA 141 Country Squire Estates. This levy is being discontinued because the property owners in the SSA have fulfilled their financial obligation as required under the enabling ordinance.
IMPACT STATEMENT:
Not ap...
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