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Tax Rebate

Monday, February 18, 2013

Ela Tax Reform Party Would Adopt Naperville Township Tax Rebate Idea

Plan returns excess tax money to residents.

  The Ela Tax Reform Party today announced their support for the township tax abatement passed by Naperville Township.   Based on an ordinance passed last week, Naperville Township will abate $500,000 in excess property taxes collected. Members of the Ela Tax Reform Party slate pledge to reduce the township’s excess reserve fund and abate up to $2 million in property taxes.  “If there is no plan or need for the funds, an abatement is meaningful to all residents and the fiscally responsible thing to do”, says Supervisor candidate, Barbara Evans. Evans said based on information received from Ela Township, there should be over $5 million in surplus accumulated at the end of this fiscal year which is well over a year’s worth of expenses.  Each…

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