Property tax increase coming

Published 04/20 2014 09:27PM

Updated 04/22 2014 10:44AM

URBANA -- Residents will soon see a spike in property taxes. It will be an increase of 10-11%. In 2012, the legislature passed a law granting tax exemptions to non-profit hospitals. Carle Hospital is considered one.

About 85% of Carle Hospital is in Urbana, so to make up for the lack of revenue, some city taxing bodies needed to add to the property tax. The increase begins May 2.

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