Danville residents react to new tax and fee increase
DANVILLE, Ill. (WCCU) —
Danville residents will soon see an increase in their property taxes and public service pension fees.
Tuesday night the council voted nine to five for the increases. Property taxes will go from $2.02 to $2.26 for every $100 of a home's assessed value. The yearly public safety pension fee will go up from $96 to $267.
The plan is meant to help make up for the city's pension deficit.
"That's not right period. If we didn't create it, then we shouldn't have to pay for it,” Danville resident Jason Bradley said. “A tax hike in anything would be devastating to the average worker such as myself. I mean that's a tremendous tax hike on something like that."
This is the first step the city is taking to fully fund pensions, which the state will require by 2040.
"I think they have no choice,” Danville business owner John Ramont said. “I think it's going to be a good deal for them. They have to do something, they're desperate."