UTICA, Ill. (AP) - Mining activities have increased the tax base in Utica by more than $3 million in the past year.
Trustee Matt Jereb announced at a Utica Village Board meeting that the expansion of nearby sand mines has largely caused the tax base to rise by $3.1 million. The village now has to decide whether to give residents a tax break or use the extra money to improve its aging sewer system. Jereb says the trustees will have some challenges as they weigh both options.
The (La Salle) News-Tribune (https://bit.ly/1GTEEKc ) reports the economic growth has also caused the insurance costs of the village to increase. Jereb says a new concession stand at a park and improvements to the streetscape program will cause the village’s insurance policy premiums to increase by about 10 percent.
Information from: News-Tribune, https://www.newstrib.com
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