Twin Lakes passes tax levy with less than 1 percent increase

The Twin Lakes Village Board passed a 2018 budget and tax levy Monday night.

The levy of  $3,653,982 is $27,207 or .75 percent more than the 2017 levy.

The total assessed value of the village rose .75 percent and the tax rate will remain the same at 5.1454 per thousand of assessed value. What will happen with your tax bill depends on what happened to your individual property’s assessed value.

No member of the public spoke at or attended the public hearing on the  budget held as part of the meeting.

The budget and levy passed unanimously, with Trustee Aaron Karow absent.

Here is more information about the village budget.

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