The Clinton City Council is expected to approve the annual levy at their first meeting in December.

City Treasurer Clint Lichtenwalter explains 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. 

City Administrator Tim Followell calls this an a-typical levy and Lichtenwalter also points out this will be the fourth straight year the rate is down.

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.

For residents wondering, COVID does not impact EAV nor the levy.