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Galesburg Council considering flat tax levy for 2023

galesburg-city-hall-3-6
galesburg-city-hall-3-6

Galesburg Council had first reading of their 2023 property tax levy on Monday night and the $9.7 million levy is flat compared with last year.

Based on the current Estimated Assessed Value from the 2022 tax levy, the property tax rate for the City would be approximately $2.64 for every $100 of assessed property value.

About half of the levy is marked for police and fire pensions, about a quarter if for the corporate fund, and 17 percent is for the Galesburg Public Library.