Springfield tax levy set at $216.3M; rates to be determined
The city’s tax levy — the total amount of real estate and personal property taxes it expects to bill in the current fiscal year — will be $216.3 million. That’s up from $205.3 million last year, said Springfield Assessor Richard J. Allen. The 5.4% increase is driven by a $5.9 million jump in the total value of all the real estate and taxable personal property in Springfield, including business and industrial equipment and tools, Allen said.