Village offering property tax refund

Published: Monday, April 8, 2013 1:15 a.m. CDT

ST. LIBORY (AP) – The small village of St. Libory in southern Illinois is returning a quarter of the property taxes collected from new homeowners.

The Belleville News-Democrat reports that the village is giving back the tax money in an effort to draw young families into its school district. The refund is good for homes built in a certain tax increment finance district and is good for up to eight years. Homeowners apply to receive the refund.

 

National video

Reader Poll

What do you think about the amount of income tax that you pay?
Too high
Too low
Just right
I don't pay income tax