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- Tax miscalculation halts $68M referendum in Geneva
Tax miscalculation halts $68M referendum in Geneva
The Geneva City Council has decided to withdraw a $68M referendum from the April ballot due to an error in calculating its property tax impact.
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The Geneva City Council has decided to withdraw a $68M referendum from the April ballot due to an error in calculating its property tax impact.
Key points
Tax miscalculation: Initial estimates suggested a $200 increase for the average Geneva homeowner, but the corrected figure was closer to $400.
Council decision: After extensive debate, the council unanimously voted to remove the referendum and file the necessary paperwork with Kane County.
Future plans: One official noted that delaying the referendum by a year to address the issue properly would not have significant repercussions.
While the referendum is off the table for now, the council aims to revisit the proposal with improved accuracy and clarity for Geneva residents.
Read more in this Shaw Local article.
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