Info on proposed tax hike available at meeting
STERLING – The city will hold a special meeting Monday night on its 2012-13 tax levy.
City Manager Scott Shumard will deliver a short presentation on the levy, which he estimates will be 8.5 percent to 9.5 percent higher to help cover the city’s soaring pension costs.
Shumard has posted the actuaries’ reports on the fire and pension funds on the city’s website. Go to sterling-il.gov and click on Departments, then on the Finance Department’s contracts and reports.
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