Library Receives $84,474 in PPRT payments from Village
On Friday, January 26, the Village of Lake Bluff disbursed $84,474 to the Lake Bluff Public Library for its share of Personal Property Replacement Taxes (PPRT) going back to 1980. As Library Board President Bonnie Shaul states, “The Village Board showed tremendous commitment in swiftly correcting this inadvertent error and acknowledging that, despite current financial challenges, the Lake Bluff Public Library will remain a core asset of the Lake Bluff community years into the future.”
Financial Context