Rockford Mayor: “No Increase in Property Taxes”
Several important items were unveiled at the City Council meeting in Rockford tonight (Monday 11/21), including the council's approval of a balanced budget for 2023.
In a press release from the City of Rockford, Mayor McNamara said that he was "thrilled" that there's no increase in property taxes and that he could approve the budget for the upcoming year.
I think it’s critical that we remain good stewards of tax dollars. I’m proud of our City Council and our staff for developing a budget that allows us to live within our means, while still providing essential services to our residents. -Rockford Mayor McNamara
Some other items that will be in the 2023 balanced budget are the city's investment in Rockford PD and the Mayor’s Office of Domestic and Community Violence Prevention’s enforcement, prevention, and intervention initiatives.
State-mandated pension contributions will receive an additional $3.3 million, and the $1.5 million in annual contributions from casino revenue will go to Rockford Promise.
Rockford Promise NIU Scholarship, which provides students who live in Rockford, attend Rockford Public Schools and earn a 3.0 GPA with the opportunity to earn a degree at NIU tuition-free.
Additional resources for code enforcement challenges has also been approved, according to the press release.