A $2-million decrease in the assumed assessed property value in Bethalto and rising police and fire pension costs have resulted in a $60-thousand increase in the village’s tax levy.That increase will mean slightly higher taxes for village residents next year, after the Village Board unanimously passed a proposed tax levy ordinance last night.
Village Treasurer Joe Schoppet says that residents will see a 3.2% increase in property taxes.
Schoppet also says that the total amount levied is $1,763,476 . He also says that 9 of the 12 lines included in the levy increased, while three decreased. The biggest increase was a 42% in the village garbage tax, while the village’s Social Security tax saw the biggest decrease.