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Clinton City Council Approves Annual Levy

The Clinton City Council approved the annual levy Monday night at their regular meeting.

 

Last month on the WHOW Morning Show, City Treasurer Clint Lichtenwalter indicated an expiring TIF district on the west side of the community provided an infusion of cash available to taxing bodies. 

 

 

An annual positive report out of the levy is the well-funded police and fire pensions. Lichtenwalter indicates in recent years, they have made a focused effort to get those stabilized and they are currently the better-funded pensions in the State of Illinois. 

 

 

Lichtenwalter reminds residents of the decision last year to shift funds from the hospital to the pension funds which will help them in their goal to achieve 100-percent funded pensions. He notes that was possible thanks to the financial success of the hospital in the last five years.

 

Clinton Commissioner of Finance Tom Edmunds says the fact Clinton is doing better than almost every community in the State of Illinois is something to be proud of.

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