Madison County Board Passes Budget and Property Tax Levy ย
EDWARDSVILLE — The Madison County Board on Wednesday approved a $182.5 million budget and a zero-growth property tax levy for the seventh straight year. The board voted, 26-0, to approve the upcoming Fiscal Year 2024 spending plan that starts on Dec. 1, along with a $30.8 million property tax levy. The levy is the amount requested from property taxes used to help finance the county’s budget. “In 2017, we reduced the levy from $32.6 to $30.8 million, and we haven’t raised it since,” Chairman Kurt Prenzler said. “Keeping the levy amount the same, against the backdrop of increasing real estate assessments, has caused the county’s total levy rate to decrease to $.48 per $100 of assessed valuation from $.73 — what taxpayers paid in 2015. That’s a 34 percent decrease in the rate, and the rate will be even less next year.” Chairman Pro-tem Mick Madison said the county reduced it’s levy by 1/10 of a percent. “It may no
stLouIST