New-Lenox-Village-Board

New Lenox Announces 5.51% Increase in 2025 Property Tax Levy

Spread the love

New Lenox Village Board Meeting | November 10, 2025

Article Summary: The Village of New Lenox has proposed a 2025 property tax levy of just over $4 million, which represents a 5.51% increase over the previous year’s levy. A public hearing on the proposed levy is scheduled for the village board meeting on December 10.

2025 Tax Levy Key Points:

  • The proposed 2025 tax levy is $4,008,610, an increase of about $209,000 from the prior year.

  • The 5.51% increase requires the village to hold a public hearing, which will take place on December 10.

  • While a home-rule community, New Lenox voluntarily adheres to the state’s tax cap law.

The New Lenox Village Board on Monday, November 10, 2025, announced a proposed 2025 property tax levy of $4,008,610. The figure represents a $209,000, or 5.51%, increase compared to last year’s levy.

Because the proposed increase is greater than 5%, the village is required to hold a public hearing on the matter. That hearing is scheduled to take place during the board’s meeting on December 10.

A village finance official, Kim, explained that while New Lenox is a home-rule community and not required to follow the Property Tax Extension Limitation Law (PTELL), or tax cap, the village has voluntarily adhered to its limitations since 2008.

The levy calculation is influenced by several factors, including a 2.9% Consumer Price Index (CPI) cap set by the Illinois Department of Revenue and an anticipated $36.3 million in new property growth within the village. The levy is used to fund specific village expenses, including portions of IMRF, FICA, and police pension obligations.

Mayor Tim Baldermann used the announcement to highlight the state’s property tax structure. “People are really upset about their property taxes and they should be because our structure here in Illinois is horrific,” he said during an earlier presentation to Citizens Academy graduates. He noted that the state’s failure to adequately fund public education places a greater burden on local taxpayers.

Leave a Comment





Latest News Stories

will county board meeting graphic.5

Will County Board Approves Permits for Landscaping Business and Restaurant Liquor Service in Frankfort Area

Article SummaryThe Will County Board unanimously approved three separate special use permits for businesses in the Frankfort area, allowing a landscaping operation in Green Garden Township to continue and two...
will county board meeting graphic.5

Board Approves Engineering Contracts for Mokena Road Widening

Article SummaryThe Will County Board approved over $1.1 million in supplemental engineering contracts to advance the ongoing 80th Avenue improvement project in Mokena. The additional funding addresses project delays and...
will county board meeting.6

Will County Awards $1.46 Million Contract for Kankakee Street Bridge Replacement in Manhattan Township

Article SummaryThe Will County Board has awarded a $1.46 million contract to "D" Construction, Inc. of Coal City to replace the Kankakee Street Bridge over Jackson Creek in Manhattan Township....
will county board meeting.6

Crete Township Community Center to Get New Digital Sign

Article Summary: The Will County Board approved a special use permit and two variances for Crete Township, allowing for the installation of a new on-premise dynamic display sign at its...
Meeting-Briefs

Meeting Summary and Briefs: New Lenox Village Board of Trustees for August 11, 2025

The New Lenox Village Board meeting on August 11, 2025, was marked by significant changes in public safety leadership and a major policy decision driven by state politics. The evening...
Dow hits record high after Fed Chair hints at September rate cuts

Dow hits record high after Fed Chair hints at September rate cuts

By Morgan SweeneyThe Center Square The Dow Jones Industrial Average clinched a record high Friday for the first time this year hours after Federal Reserve Chair Jerome Powell hinted that...
WATCH: Newsom optimistic about redistricting despite poll

WATCH: Newsom optimistic about redistricting despite poll

By Dave MasonThe Center Square Gov. Gavin Newsom on Friday said he’s proud of how quickly the California Legislature passed a congressional redistricting proposal that he signed, but he was...
Newsom meets with Danes, talks about Trump but not 2028

Newsom meets with Danes, talks about Trump but not 2028

By Dave MasonThe Center Square California Gov. Gavin Newsom came to his hometown of San Francisco Friday to talk about the state’s new green energy partnership with Denmark. But another...
CA bill to give interest on insurance payments to homeowners

CA bill to give interest on insurance payments to homeowners

By Jamie ParsonsThe Center Square The California Legislature this week passed a bill to give at least 2% of interest on insurance payments to owners of homes that need rebuilding...
DOJ releases Maxwell interview transcripts, audio; described Trump as 'gentleman'

DOJ releases Maxwell interview transcripts, audio; described Trump as ‘gentleman’

By Sarah Roderick-FitchThe Center Square The U.S. Department of Justice on Friday released the audio and transcript interviews with Ghislaine Maxwell, “in the interest of transparency,” in which she claims...
Erik Menendez denied parole; brother appears before board

Erik Menendez denied parole; brother appears before board

By Dave MasonThe Center Square Lyle Menendez faced a California Board of Parole hearing Friday, after two commissioners Thursday evening denied parole to his younger brother Erik Menendez after a...
After cutting union contracts, VA redirects $45M to veterans

After cutting union contracts, VA redirects $45M to veterans

By Brett RowlandThe Center Square U.S. Department of Veterans Affairs officials announced Friday that the agency is redirecting nearly $45 million from public union costs to care for veterans. "VA...
Illinois quick hits: Pritzker signs abortion bills; Operation Purple Heart returns medals

Illinois quick hits: Pritzker signs abortion bills; Operation Purple Heart returns medals

By The Center SquareThe Center Square Pritzker signs abortion bills Two bills Gov. J.B. Pritzker enacted Friday impact access to abortion procedures. House Bill 3637 shields health care providers from...
WATCH: IL Department of Human Services’ adverse audit draws legislators’ ire

WATCH: IL Department of Human Services’ adverse audit draws legislators’ ire

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – A recent adverse audit of the Illinois Department of Human Services is the worst audit seen by...
Illinois prisons to publish annual data on contraband, safety and overdoses

Illinois prisons to publish annual data on contraband, safety and overdoses

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – A new law requires the Illinois Department of Corrections to publish annual data on contraband, substance...