Crete gives final approval to property tax levy

2013-12-14T17:42:00Z Crete gives final approval to property tax levyGregory Tejeda Times Correspondent
December 14, 2013 5:42 pm  • 

CRETE | The Village Board this week unanimously approved a $2.55 million property tax levy.

Village President Michael Einhorn said last month the levy amount is a 3.5 percent increase over what the village requested last year. Village Administrator Tom Durkin said earlier this week the increase was entirely meant to cover increased expenses in liability insurance ($250,000, according to the levy) and retirement contributions for municipal employees ($135,000) and police ($238,000). 

“There are slight increases in those expenses,” Durkin said. “We don’t control how much those things cost.” Village government gets other funds from assorted grants from state and federal government.

In other business, the Village Board OK'd using tax increment financing district funds to help the Little Peoples Preschool, 1274 Main St.

The school will use $12,000 to repair an outdoor deck that serves as both entry to the preschool and as a play area for the children.

The issue was discussed in detail at a meeting last month and there was no opposition or discussion at this week's meeting.

Trustees also discussed, but did not act upon, a request for TIF district funds for redeveloping the block in downtown Crete bounded by Main, Exchange, Wood and Cass streets.

Durkin said the owner of a gas station at the southeast corner of Main and Exchange streets has acquired plots of land within the block, and would like up to $7,500 in TIF funds to help him with redevelopment in the area.

The Village Board will continue to discuss the issue as officials determine the best use of those plots to fit in with the community.

“There are no concrete plans as of yet for what will be done,” Durkin said.

Copyright 2014 All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Follow The Times

Featured Businesses



Do you agree with The Times Editorial Board's endorsements in statewide races?

View Results

Illinois Newsletters