By: Diane Benjamin
By a vote of 4-3 the property tax increase was defeated. The Council voted to fund pensions on a 90% projection instead of 100% by 2040 in hopes changes the State will.make this year ease required contributions.
They also voted to keep the tax rate level after a long discussion. Kathleen Lorenz first refused to amend her motion but then relented when an amendment to her motion was put forth.
Chris Koos, Kevin McCarthy, and Chemberly Cummings were the NO votes to keep the rate level. McCarthy exclaimed he refused to kick the can down the road. He wasn’t interested in cuts elsewhere when raising taxes is easier.
If your assessed value did not increase this year, taxes will be the same as last year or less.
Congrats, citizens won. Stan Nord led the discussion with a long list of other ways to find revenue. He also wants Normal to be one of the few cities in Illinois not raising taxes.