What will my taxes be in 2020?
BY ALYSSA MEIER
Editor
According to the McLean County Auditor’s office, the five largest cities in McLean County are all projecting tax increases in 2020, though final budget figures are still pending.
But how much of an increase can residents expect? County Auditor Beth Knutson gathered figures on preliminary budget numbers for the county’s five largest cities in order to provide an early estimate on what next year’s taxes may look like.
County commissioners approved a 13-mill levy increase in the preliminary budget this year, rising from 73 mills in 2018 to 86 so far in 2019. The 13 percent increase will mean an uptick in taxes for all of the county’s incorporated cities, which also levy their own mills.
On top of mills for the county, residents are taxed on school, city, park board, fire department, ambulance and soil conservation district mill levies. One mill is levied each year for the state, while an additional 2.50 are put toward the soil conservation district.
The final levies are determined by individual cities, with various boards approving budgets and mill amounts for the upcoming year.
