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Petersburg Press

Village Board sets budget

Tax levy will be reduced slightly for the Village of Petersburg based on the 2010-11 budget approved Thursday night, Sept. 16, by the village board.

Total property tax dollars requested in the new village budget will be $52,643, an increase of $1,916 from last year’s request of $50,727.

Due to a valuation increase this year, the tax levy will decline to .606716 this year, compared to .611582 last year.

The village budget includes a general purpose tax request of $43,373 and a bond levy of $9,270.