2021-22 Tax Levy Draft, will be passed at the December 6, 2021 Board of Tru

2021-22 TAX LEVY ORDINANCE VILLAGE OF COLFAX COLFAX, McLEAN COUNTY, ILLINOIS Be it ordained by the Mayor and Board of Trustees of the Village of Colfax, McLean County, Illinois as follows: SECTION 1: That there be, and there is hereby levied upon all the taxable property within the corporate limits of said Village of Colfax, subject to taxation for the fiscal year beginning May 1, 2021 and ending April 30, 2022, the following specific purposes mentioned in said Appropriation Ordinance and in the respective sums as follows: AMOUNT TO BE RAISED BY LEVY RATE AUDIT 0.04389 $5,400.00 GENERAL CORPORATE 0.25 $30,756.00 LIABILITY INSURANCE 0.17344 $21,337.00 POLICE PROTECTION 0.06653 $8,200.00 STREET LIGHTS 0.05 $6,151.00 BONDS & INTEREST 0.33103 $40,725.00 SOCIAL SECURITY 0.08129 $10,000.00 Total 0.99618 TOTAL AMOUNT LEVIED $122,569.00 SUMMARY OF AMOUNTS LEVIED FROM REAL ESTATE TAXES AUDIT $5,400.00 GENERAL CORPORATE $30,756.00 LIABILITY INSURANCE $21,337.00 POLICE PROTECTION $8,200.00 STREET LIGHTING TAX $6,151.00 BONDS & INTEREST $40,725.00 SOCIAL SECURITY $10,000.00 $122,569.00