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George Wendt has served the largely rural and very Republican leaning McLean County Board District three for 14 years. In an unusual event, Wendt faces a primary challenge from Brian Loeffler, a farmer in the southern and western part of the county.
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The McLean County Board of Review has reduced the assessed value of Eastland Mall by a couple million dollars — from $8.7 million to $6.7 million. The assessed value is one third of the estimated market value of a property and is used to compute property taxes owed to governmental bodies such as municipalities, townships, and school districts.
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At the last Bloomington City Council meeting, Mayor Mboka Mwilambwe tried to push the council to keep a $1.1 million increase in the property tax levy as the staff had presented. He called it a good compromise that would still result in a tax rate reduction. The attempt failed. The vote was to keep the levy flat.
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The Normal Township Board has picked a new township aasessor. Kent DePew, who has 30 years of experience in assessor offices, has been deputy assessor in Normal for 21 years and has been a deputy assessor in Bloomington.
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With this levy, Unit 5 property owners should see the tax rate decrease about 22 cents, to about $5.30 per $100 of equalized assessed valuation [EAV].
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A dispute over the tax value of Eastland Mall in Bloomington suggests school district and local governments are frustrated with inaction by mall owners and with the retail center's decline. That came through in arguments made before the McLean County Board of Review in an appeal of the 36-acre mall's assessed value.
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The Bloomington City Council narrowly voted down a proposed tax levy increase at its meeting on Monday, meaning taxpayers will see the property tax rate go down more than anticipated.
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The Normal Town Council on Monday adopted a nearly $14.3 million levy for the upcoming fiscal year — about 7% higher than the year before. Normal leaders say significant growth in the town's tax base means the property tax rate will go down slightly, offering taxpayers some relief.
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Normal Township needs a new assessor. Longtime Assessor Rob Cranston died recently after a long illness, and the elected office is temporarily vacant.
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Bloomington’s property tax rate is closer to decreasing next year, and so will the Bloomington Public Library’s. The council OK’d the preliminary plan at a special session Monday night.