12/6/2013 1:40:00 PM Washington property values slashed by tornado
WASHINGTON, Ill. (AP) — The mayor of the tornado-wrecked central Illinois community of Washington said the city has lost nearly half its property tax value since last month’s storms destroyed or damaged about 1,000 homes.
Gary Manier’s comments came during a community meeting Thursday evening with City Administrator Tim Gleason that was attended by about 200 residents.
Manier said early estimates show that 47 percent of Washington’s property tax value was lost in the Nov. 17 tornado. Officials said that would most likely hurt the community’s school district, which relies on tax revenue for its budget.
The two dozen tornadoes that twisted across the state were blamed for killing seven people, including one person in Washington.
Only about 20 percent of the debris from the EF-4 tornado that hit Washington has been cleared so far, Gleason said.