New Lenox Announces 5.51% Increase in 2025 Property Tax Levy
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.
Latest News Stories
Lawsuit: Amazon prefers Trump favoritism to customer refunds
Illinois Quick Hits: Independent candidate filing period opens
Report: Cautionary advice to governments granting overzealous tax breaks
‘Exploited tax dollars’: Trial law firms donate almost exclusively to Democrats
Supreme Court takes up Georgia Title IX case
Will County Executive Committee Splits on Whether to Ask Voters About Single-Member Districts
Will County Departments to Stop Accepting Pennies, Rounding Down Cash Transactions
Everyday Economics: The economy is still standing, but the squeeze Is building
Kentucky to select candidates in high profile races
Alabama voters to elect candidates in redrawn map
Legislative Committee: Federal Update Highlights $79 Billion ICE Funding and DHS Reconciliation
Do midterm redistricting efforts favor Republicans?