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.

⚠️ Severe Thunderstorm Watch issued June 10 at 2:40PM CDT until June 10 at 10:00PM CDT by NWS Chicago IL
Today Jun 9
Showers And Thunderstorms Likely
90° 70°

Showers And Thunderstorms Likely

💨 15 mph 💧 55%

Leave a Comment





Latest News Stories

Illinois Rep faces investigation over sexual harassment

Illinois Rep faces investigation over sexual harassment

By Sean Reed | The Center SquareThe Center Square (The Center Square) – A state representative embattled with allegations of sexual harassment returned to Springfield this week after being stripped...
Talks with Iran to resume

Talks with Iran to resume

By Sarah Roderick-FitchThe Center Square Middle East Special Envoy Steve Witkoff and Jared Kushner will head back to Pakistan over the weekend to resume talks, as Vice President JD Vance...
Return on investment questioned as Chicago Red Line construction begins

Return on investment questioned as Chicago Red Line construction begins

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Taxpayers are facing a hefty price tag as construction begins on a long-anticipated Chicago Transit Authority project...

WATCH: WA Democrat income tax supporter questions ‘necessity clause’ nixing public vote

By Carleen JohnsonThe Center Square A Democratic lawmaker who voted in support of Washington’s new income tax said he didn't see anything scandalous in this week’s revelation of emails showing...
DOJ to face audit for handling of Epstein files release

DOJ to face audit for handling of Epstein files release

By Thérèse BoudreauxThe Center Square Following the drawn-out and politically calamitous release of millions of federal documents related to the exploits of sex trafficker Jeffrey Epstein, the Department of Justice...
ISU strike enters third week; union sues over alleged strikebreaking

ISU strike enters third week; union sues over alleged strikebreaking

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Union support staff at Illinois State University has entered a third week on strike over failed contract...
Trump extends Jones Act waiver, citing national securit

Trump extends Jones Act waiver, citing national securit

By Alton WallaceThe Center Square The Trump administration has suspended for an additional 90 days a law forbidding foreign-owned and crewed ships from transporting goods between U.S. ports in an...
Trump admin continues to crack down on fraudulent visa schemes

Trump admin continues to crack down on fraudulent visa schemes

By Bethany BlankleyThe Center Square The Trump administration is continuing to crack down on fraudulent visa schemes that are occurring nationwide. In New Jersey, a Korean man pleaded guilty to...
Virginia 1 of 4 in courtroom battles for congressional redistricting

Virginia 1 of 4 in courtroom battles for congressional redistricting

By Shirleen GuerraThe Center Square Less than 100 days into Gov. Abigail Spanberger’s administration, Virginia’s redistricting fight is unfolding across multiple fronts, from the ballot box to the Legislature and...
Illinois Quick Hits: State gaming board renew Rockford casino license

Illinois Quick Hits: State gaming board renew Rockford casino license

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois Gaming Board has renewed Hard Rock Casino Rockford’s license for four years, retroactive to January...
Arizona GOP pushes to protect Colorado River's limited water

Arizona GOP pushes to protect Colorado River’s limited water

By Zachery SchmidtThe Center Square Arizona Republicans are seeking to protect the Colorado River as its water supply continues to dwindle. State Senate President Warren Petersen, R-Gilbert; state House Speaker...
Republicans challenge Clyde in Georgia's 9th District

Republicans challenge Clyde in Georgia’s 9th District

By Andrew RiceThe Center Square Incumbent Rep. Andrew Clyde, R-Ga., is facing a primary challenger in his bid to hold on to his 9th District post. Sam Couvillon and Joel...
Fort Bragg soldier’s case continues Tuesday in New York

Fort Bragg soldier’s case continues Tuesday in New York

By Alan WootenThe Center Square An enlisted soldier at Fort Bragg was granted $250,000 bond release on Friday and will have his charges of using classified information to win $400,000...
Justice Department drops Federal Reserve probe, kicks to watchdog

Justice Department drops Federal Reserve probe, kicks to watchdog

By Brett RowlandThe Center Square U.S. Attorney for D.C. Jeanine Pirro said Friday she is closing the Justice Department's criminal investigation into Federal Reserve Chair Jerome Powell, days after a...
Pritzker: 'Need for speed' for megaprojects bill with tax breaks

Pritzker: ‘Need for speed’ for megaprojects bill with tax breaks

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker says there is a need for speed when it comes to the Chicago Bears...