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Im! & <br />Local levy increases and truth I*n taxation <br />hearings coming up <br />many on a, new revenue department <br />proposal, to modify the truth in taxation <br />law. The departmenf s proposal would <br />require local unifts to, certify their proj� <br />posed levies on September 15., rather <br />than August, 1, as under current law. <br />* Levy certification dates should be late <br />enough In!, the year to peffm4t cities to <br />make realistic estimates of their levy <br />needs for the following <br />* If necessary, cities should have an <br />opportunity 10, increase their *Initial, <br />September I levy ccrtification at a later -i <br />date. <br />At its March 2,1 hearing, the Senate <br />Property Tax Division will hear testi- <br />This pmposed stata=nt, bowever, would <br />not indicate increases or decreases 'in <br />Vc <br />W, <br />page 4 March 10,1989 <br />