Algonquin highway head calls for 5 percent tax cut
Algonquin Township residents will get something rarely seen in Illinois these days if Highway Commissioner Andrew Gasser gets his way: lower taxes.
The township was scheduled to vote Nov. 8 on Gasser's proposal to cut his budget by $200,000, or nearly 5 percent, according to a press release. The cut would allow for a property tax reduction.
Gasser wants $3,729,762.70 to be earmarked for the road district next year, or approximately $200,000 less than the former commissioner, Bob Miller, asked for this year.
According to Glasser, the agency has more than $2.6 million in cash reserves, which allows for such a cut.
Gasser said in a statement that his cut request and decreased budget come after promises to voters to do his part to end the rising property taxes that plague the state’s citizens.
“I am quite certain that we can continue our fiscally responsible policies and lower levies in future years while maintaining the high level of service we enjoy,” Gasser said.