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City of Geneva holds the line on taxes for 2020

City residents won’t be paying more in property taxes under the proposed 2020 budget. However, they will likely see their water and sewer bills jump.

City Manager Sage Gerling unveiled the $27 million spending plan — including general, water and sewer funds — at a special City Council meeting Wednesday.

The tax rate under the proposed budget is $17.23 per assessed thousand, three cents lower than 2019. According to the city, a homeowner with a property assessed at $100,000 would pay $1,723 in taxes

The 2020 tax levy — the amount to be raised by taxes — is about $7,022,573, a less than 1 percent increase over the 2019 levy of $6,976,885. This would be under the state tax cap, said the city.

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