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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.

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