Chesterton Tribune

 

 

Public Hearing Tuesday for Porter CCD fund hike

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The Porter Town Council will convene at 7 p.m. Tuesday for its regular meeting at Porter Town Hall, 303 Franklin St.

The Council will have a public hearing on resetting its cumulative capital development fund from its current $.0318 per $100 of assessed valuation to a maximum of $.04 allowed by the state, about eight tenths of a cent.

At first reading for the ordinance to increase the rate, Council President Greg Stinson said a homeowner with an assessed value of $150,000 will see roughly a $12 increase on their property tax bill if the CCD rate is increased. The rate would be effective starting with 2017 pay 2018 taxes.

CCD funds are sometimes used to purchase equipment such as police vehicles. The state makes small reductions to the rate each year, Stinson said, and routinely municipalities reset it to the maximum.

Later in the meeting, the Council is expected to vote to adopt the ordinance on second reading.

The meeting will also include reports by department heads, Council members, Clerk-Treasurer Carol Pomeroy and Town Attorney Greg Sobkowski.

There is no other new or old business.

The public may address the council on non-agenda items during audience participation.

 

Posted 3/27/2017

 

 
 
 
 

 

 

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