Mt. Vernon property tax levy uncertain weeks before final approv - WSIL-TV 3 Southern Illinois

Mt. Vernon property tax levy uncertain weeks before final approval

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MT. VERNON -- The city of Mt. Vernon plans to raise property taxes, but by how much is still up in the air.

The city council is considering a .28 percent raise, or about a dollar extra for every $100,000 of fair market property value.

That number could jump though if the state actuary says the city has to pay more into its police and fire pensions than it did this year.

Normally, the city would have those numbers by now, but the state hired a new actuary recently so the process has been delayed.

"They've told us it will be a while before we get those to know accurately what our contribution to the police and fire pension should be based on the state of Illinois' actuary experience," City Manager Mary Ellen Bechtel said.

She said she's optimistic the city will get the figures it needs within a week or two.

Bechtel also said the council wants to avoid raising property taxes by five percent or more because then a public hearing would be required.

She said if the pension obligation is much higher than anticipated, the council could raise property taxes or find another revenue source, possibly both.

The city has to submit its property tax levy by the end of the month.

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