A look at the 2012 budget for the city of Edgerton

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Gazette staff
Saturday, November 19, 2011

Highlights: The Edgerton City Council will consider a $2.05 million tax levy. Thatís a 3 percent levy increase above this yearís budget, but itís about 2 percent less than the 5.1 percent maximum levy increase the state will allow. All told, the cityís planning for about $3.32 million, a decrease of about .5 percent compared to the budget this year.

Amid an anticipated $530,000 decrease in revenue, the city council this fall proposed cuts of about $20,000 to the Edgerton Public Library budget. The proposed budget also sees a $120,000 decrease in pay and benefits to city employees.

Whatís next?: The city council will hold a public hearing on the proposed budget at 7 p.m. Monday, Nov. 21, at Edgerton City Hall, 12 Albion St., Edgerton. The council could vote to set the new tax levy directly after the hearing.

Total budget

Next year $3.32 million

This year $3.34 million

Decrease 0.51%

Tax levy

Next year $2.05 million

This year $1.9 million

Increase 3%

Tax rate

The proposed tax rate is unavailable pending state assessments of manufacturing properties.

Note: Percent changes calculated on whole numbers.

Last updated: 6:53 pm Thursday, December 13, 2012

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