22 PROPOSED TAX LEVY (REPLACEMENT AND INCREASE) Village of Terrace Park
A majority affirmative vote is necessary for passage. A replacement of 2.8 mills of an existing levy and an increase of 2.95 mills to constitute a tax for the benefit of Village of Terrace Park for the purpose of current expenses, that the county auditor estimates will collect $1,005,218 annually, at a rate not exceeding 5.75 mills for each $1 of taxable value, which amounts to $201 for each $100,000 of the county auditor s appraised value, for 5 years, commencing in 2025, first due in calendar year 2026. FOR THE TAX LEVY AGAINST THE TAX LEVY
