PLYMOUTH — The Plymouth Common Council will consider the reestablishment of a Cumulative Capital Development Fund Monday evening (March 27) during their regular meeting scheduled for 6:30 p.m. ET.
The tax, if adopted, will be levied on all taxable real and personal property within the taxing district and will not exceed $0.0500 per $100 of assessed valuation beginning with taxes payable in 2024 and thereafter.
The tax, if adopted, would continue until reduced or rescinded.
Taxpayers are welcome to appear at the hearing to voice their opinions or concerns.
Written comments may be filed with Clerk-Treasurer Lynn Gorski.
The proposal for the reestablishment will also need approved by the Department of Local Government Finance.
If adopted, the Plymouth Common Council will be required to publish a Notice of Adoption within 30 days. At that point, 25 or more taxpayers in the taxing district may file a petition with the County Auditor no later than 12 p.m. (noon) ET 30 days after the publication of the Notice of Adoption to detail any objections to the proposed fund.
Monday’s meeting will be held in the second floor Council Chambers in the Plymouth City Building at 124 N. Michigan Street. Those interested in attending in person should use the Garro Street entrance.
