• HOME :
  • NEWS :
  • AT BUDGET TIME, ILLINOIS TOWNS CONSIDER TAX HIKES AS PENSION COSTS MOUNT

At budget time, Illinois towns consider tax hikes as pension costs mount

NOVEMBER 15, 2018 | by Cole Lauterbach | ILLINOIS NEWS NETWORK

“The Carterville City Council voted Tuesday to approve a 30 percent property tax increase to cover ballooning pension costs. 'It’s extremely frustrating,' Mayor Brad Robinson said. 'Our total pension liability in 2011 was $60,000. Seven years later in 2018, it’s almost $430,000.' … 'We’re in a situation where somebody 100 miles away made rules,' Robinson said. 'For a mayor of 5,600, this is quickly going to become unsustainable.' …”

VIEW LESS