City Budget Hearing to be Sept. 6 (tonight)

City Hall will be the site Thursday night (tonight) for a public hearing.For the City of Elgin, their public hearing on the 2012-2013 budget and tax request will be held beginning at 7:30 p.m..
According to budget information published in last week’s newspaper, the 2012-2013 personal and real property tax requirement for the City of Elgin is $132,000. One year ago the City of Elgin sought a property tax request of $132,000. This year, the City of Elgin will be asking for a tax rate of 0.394697. One year ago, the tax rate was 0.399609.
Also, the Elgin City Council will hold a hearing to revise last year’s budget. Due to hail storm damage repairs and an increased cost of the fire storage building they are seeking to amend the budget.