Published by admin on Tue, 11/23/2021 - 5:56pm
The village of Coal City will levy a tornado tax upon residents to cover the unexpected costs of the June 2015 storm.
Just weeks after the powerful EF-3 tornado struck the community on the evening of June 22, 2015, town leaders issued bonds to cover storm-related costs.
The village had to pledge alternative revenue bonds to raise the funds necessary for immediate recovery after the storm.