Village of Fremont residents will not see an increase in the mill rate for the village portion of their overall tax bill.
The village’s mill rate will remain at $4.10 per $1,000 of assessed valuation.
The Village Board approved a 2014 expenditure budget of $527,632.79 when it met on Nov. 12.
Next year’s budget is down slightly from the current village budget of $530,988.
The 2014 budget will be supported by a village tax levy of $281,902, up $237 from the current levy of $281,665.
Also approved was a 2014 sewer budget of $300,600, which compares to the current sewer budget of $314,500.