GLENWOOD | The Village Board approved a $3.7 million tax levy for the fiscal year that began May 1 and ends April 30.
"The finance committee voted to bring the tax levy up 4.99 percent over last year's levy amount," Finance Director Linda Brunette said last week.
The board voted unanimously to accept the committee's recommendation.
The total amount of the levy is $3,738,555.63.
Brunette said the 4.99 percent increase will generate approximately $300,000 more for the village.
She said the increase would result in a homeowner with a property value of $100,000 paying about an additional $80.
Brunette said the higher levy was needed due to police pension costs and corporate expenses.
Village President Kerry Durkin considers the cost of a Hickory Glen Park expansion project the main reason for the increase.
"We set a budget of $850,000 and it's exceeding $1.2 million," Durkin said.
In June, the Illinois Department of Natural Resources had awarded the village a $400,000 grant to use toward the park, and the village was required to match that amount.
Durkin announced Village Treasurer Toleda Hart was leaving the job. Durkin thanked Hart for her service and said she is leaving to pursue another opportunity.
He said a new treasurer will be in place for the first Village Board meeting in January.
Hart has served as treasurer since July 2011.
Village Hall will be open only until 5 p.m. Dec. 24 and Dec. 31, instead of the usual 7 p.m. closing time.
Winners in the village's annual Holiday Yard Decorating Contest were also announced during Tuesday's Village Board meeting.
First place went to the Hall residence, 624 Cherry Drive. Second place was awarded to the Goldsmith residence, 108 E. 193rd place. The third place finisher was the Woods residence, 127 Maple Drive.