The annual levy for the Clinton City will be voted on later this month but ahead of that vote, the Council needed to put it on file for public review.
Clinton City Treasurer Clint Lichtenwalter says this year's levy is looking very strong. He indicates property values continue their upward trajectory and the tax levy is going to minimally go up two very good things.
After the housing market took a hit, the EAV declined but Lichtenwalter says things are starting to pick back up. He calls the ebb and flow of the EAV in recent years minimally impactful because of the lack of growth in Clinton.
Lichtenwalter calls the tax rate very steady in the last several years. He says this year's increase is up as opposed the last several years when the rate has dropped.
The Council will approve the annual levy at their next meeting, November 18.