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Lake in the Hills to discuss property tax levy

LAKE IN THE HILLS – The village expects to bring in 1.2 percent less in property tax dollars next year.

The estimated 2012 levy of $5.49 million is 1.2 percent less than last year’s levy of $5.56 million, according to a memo from Finance Director Peter Stefan to Village Board members.

Final tax rates won’t be determined until property values are set in the spring.

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