Medina sells ladder truck to Illinois village for $2.1 million
1 report, 1 independent
Updated Oct 9
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
The Village of Medina sold a ladder truck to the Village of Wilmette, Illinois. The truck, which did not fit in the Medina firehouse, sold for $2.1 million, including a $100,000 broker fee. The Village of Medina had budgeted $300,000 from the sale to maintain the current tax rate.
From 13wham.com
Why it matters
The sale was intended to provide revenue for the Village of Medina to stabilize its tax rate. Separately, the Village of Medina is asking surrounding towns to substantially increase payments for ambulance services due to fiscal concerns.
From 13wham.com