Urbana park board critical of limiting rise in tax rate
By Mike Monson
Saturday December 1, 2007
URBANA – A suggestion that the Urbana Park District should slightly limit, for a year or two, the impact of a proposed 25-cent increase in the park district's property tax rate got a chilly reception Friday.
At a park board study session, board President Michael Walker suggested that, if city voters approve the proposed tax rate increase in the Feb. 5 primary, the board might want to juggle its tax levy to reduce the overall tax rate increase by 3.5 cents for the first year and possibly by a smaller amount the second year, before implementing the full 25-cent increase.
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