By: Diane Benjamin
The below is from the Unit 5 agenda last Wednesday: https://meetings.boardbook.org/Public/Agenda/1482?meeting=722323
The Board held a Public Hearing on property taxes. This slide was included:
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The highlighted number is what they plan on taking from property owners.
We know the increase Equalized Assessed Values are mostly due to higher values assigned to your property. You are being taxed on increases you will never realize unless you sell your property.
How does that compare to what they took last year in property taxes?
PDF page 31: https://www.mcleancountyil.gov/DocumentCenter/View/30349/Districts-1-100?bidId=
2025: 161,601,185
2026: 168,137,972
That is an increase of 4.045%
That doesn’t include the extra 1% Sales Tax those who bothered to vote passed hoping for property tax relief.
Next year will be worse because they will assume you forgot about the referendum by then.
Don’t vote and certainly don’t run for office. Everything is fine without you.
Unit 5 only requires paying the property tax bill. Nothing else. Get ready because everyone is grabbing money this year. Your property tax bills are going to be ugly.
Local and state taxing bodies are determined to grab every dollar they can, so we never feel the financial relief from the federal level.
Going to get ugly? From what I’ve read they already are ugly ! Don’t forget BLONO and MCLEAN County taxpayers haven’t heard from AIRPORT AUTHORITY AND HEARTLAND yet!
Heartland raised taxes too