The Pekin City Council on Monday will consider a proposed 4.9 percent levy increase and the abatement of two bond issues.
The 2016 proposed levy would bring in $6,482,362. The estimate tax rate of $1.46 per every $100 Equalized Assessed Valuation to generate the levy is based on an estimated city EAV of $443,422,877, according to the meeting informational packet from the city’s website.
This is the second year in a row that the administration has asked for a 4.9 percent levy increase. In 2015, former City Manager Darin Girdler did as well, but the Council instead voted for a 0 percent increase. The Council can modify the levy request. In 2015, the city received $5,221,569.21 in property taxes under the 0 percent increase and the actual tax rate was $1.42, according to the Tazewell County Clerk’s Office records.
The city had estimated an extension of $6,179,563 under the 0 percent levy increase, according to minutes from the Dec. 14, 2015, minutes from the Pekin City Council meeting.
The Council will also consider two bond abatements. In an abatement, the city tells the Tazewell County Clerk’s Office not to collect money from property owners to pay bond payments for projects because the city has the resources to pay the bond payments without it. This year’s abatement includes a payment of $318,250 for 2013 bonds for capital improvements, and $591,752.50 for 2010 bonds sold for the sewer treatment plant improvements.
City Manager Tony Carson declined comment about the levy or other matters on the agenda. He said that he presents items at the Council meeting and then will answer questions.
In other matters, the Council will consider:
• Disbursement of Community Development Block Grant funds for public service to the Pekin Salvation Army for the Rust Transitional Center operations, the Carol House of Hope for operating expenses, the YWCA for its Weekend Snack Pack program and the Pekin Housing Authority for its Wheels of Work, Wisdom and Wellness program.
• Consider a bid of $37,273.89 from Crawford and Brinkman Door and Window Co. for a new hanger door at the Pekin Municipal Airport.
Follow Sharon Woods Harris at Twitter.com/sharrispekin