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.

Events

No events

Leave a Comment





Latest News Stories

Will County Finance Logo

Will County Finance Committee Forwards 1.75% Compromise Property Tax Levy to Full Board

Will County Finance Committee Forwards 1.75% Compromise Property Tax Levy to Full Board Article Summary:The Will County Board’s Finance Committee on Tuesday, November 12, 2025, narrowly approved a series of...
Screenshot 2025-11-21 at 10.19.55 AM

Lincoln-Way 210 Receives Clean Audit, Financial Profile Score Downgraded to ‘Review’

Lincoln-Way Community High School District 210 Meeting | November 20, 2025 Article Summary: Lincoln-Way District 210 received a clean, unmodified opinion for its Fiscal Year 2025 audit, the highest rating possible....
Will County P&Z Logo Planning Zoning.2

Committee Grants Lenox Solar Farm Project Six-Month Variance Extension

Will County Planning and Zoning Commission Meeting | November 18, 2025 Article Summary:The Will County Planning and Zoning Commission has approved a 180-day extension for variances tied to a commercial...
Will County Logo Graphic

Speed Limits Lowered in Green Garden and Frankfort Neighborhoods

Will County Board Meeting | November 2025 Article Summary: The Will County Board adopted ordinances to establish new, lower speed limits in specific areas of Green Garden and Frankfort Townships....
Will County Board Graphic.02

Engineering Firm Hired for Gougar Road Bridge Replacement

Will County Board Meeting | November 2025 Article Summary: The Will County Board authorized a $301,000 contract for the design of a new bridge carrying Gougar Road over the Canadian...
Will County Board Graphic.03

Unpermitted Log Cabin and Stage Prompt Rezoning in Beecher

Will County Board Meeting | November 2025 Article Summary: The Will County Board approved a zoning map amendment and variances for a property in Beecher to bring existing unpermitted structures...
New-Lenox-School-122.2

New Lenox School District 122 Receives ‘Clean’ Audit for Fiscal Year 2025

New Lenox School District 122 Meeting | October 21, 2025 Article Summary: New Lenox School District 122 has received an "unmodified opinion"—the highest level of assurance—on its 2024-2025 annual financial...
new-lenox-fire-district-stations.2

New Lenox Fire District Promotes Two to Lieutenant, Swears In Two Firefighters

New Lenox Fire Protection District Meeting | October 2025 Article Summary: The New Lenox Fire Protection District celebrated the career advancements of four members during a swearing-in ceremony at its...
New Lenox Park District

‘Empty Bowls’ Event Success Highlights Robust Fall Programs for New Lenox Park District

New Lenox Community Park District Meeting | October 15, 2025 Article Summary: The New Lenox Community Park District's fall season was highlighted by a successful "Empty Bowls" charity event that...
solar panels photovoltaics in solar farm

New Lenox to Host Large Pollinator-Friendly Solar Farm

Will County Board Meeting | November 2025 Article Summary: The Will County Board unanimously approved a special use permit for a commercial solar energy facility spanning approximately 63 acres in...
joliet junior college logo

JJC Receives Clean Audit, Reports $21.6 Million Increase in Net Position

Joliet Junior College Meeting | November 12, 2025 Article Summary:Joliet Junior College received a "clean unmodified audit opinion" for the fiscal year ending June 30, 2025, the highest level of...
Poll: Majority of Americans still support legal immigration

Poll: Majority of Americans still support legal immigration

By Andrew RiceThe Center Square A majority of Americans say that legal immigration is good for the United States, according to a new poll commissioned by The Center Square. The...
New Illinois youth center begins housing youth in Lincoln

New Illinois youth center begins housing youth in Lincoln

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) - After a short delay to finalize staffing and safety preparations, the new Monarch Center in Lincoln...
State officials urge Trump, Congress to address national debt

State officials urge Trump, Congress to address national debt

By Brett RowlandThe Center Square Indiana Gov. Mike Braun and a coalition of state financial officers and lawmakers are urging Congress and President Donald Trump to address the national debt...
will county board graphic

Will County Board Passes 0% Tax Levy, Creating “Unbalanced” Budget Crisis

Will County Board Meeting | November 2025 Article Summary: In a contentious fiscal showdown, the Will County Board voted to keep the corporate property tax levy flat, rejecting a proposed...