Some Neighborhoods May See Tax Increase
By Marcus Gilmer in News on Oct 5, 2009 5:40PM
If you live in a neighborhood designated as a "Special Service Areas," you could be facing a hike in taxes soon. The City Council's Finance Committee is to discuss the matter today. According to CBS 2, SSA's are, "...places where aldermen have the power to add upgrades to retail strips and streetscapes, as well as security enhancements to the neighborhood. To fund such projects, taxes go up on homeowners and business owners that live in an SSA area." The wards looking at this potential hike include the 9th, 23rd, 34th, 43rd, 44th, and 46th.