Wednesday, November 04, 2009

Daily Herald | Utility tax moves forward in Antioch, IL

Daily Herald | Utility tax moves forward in Antioch: "The village has cut the equivalent of 20 full-time positions in the last two years, Keim said. Officials have also cut nearly $500,000 in spending this year.

With the failure of Neumann Homes, the stalled Antioch Market Place shopping center project and a decline in revenue from building permits, Keim said the village is on target to finish their fiscal year nearly $500,000 in the red. The total operating budget is just over $10.5 million.

'We can't close that gap,' he said."

So Antioch is raising taxes. In a recession. In a working class/middle class community where people are struggling to survive as it is. And note the story I posted below: corporate developer/bad citizen Neumann Homes is partly to blame for Antioch's dire straits, but Neumann is suing Antioch for return of its impact fees. Nerve? Oh, yes.

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