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-Planning-and-Zoning-Commission-Meeting-July-1-2025

Contentious I-3 Rezoning for DuPage Township Storage Yard Narrowly Advances

A proposal to rezone a 20-acre parcel in DuPage Township from agricultural to the county's most intensive industrial classification narrowly earned a recommendation for approval from the Will County Planning...
Meeting-Briefs

Will County Legislative Committee July 1 Meeting Briefs

Federal Budget Impact: Will County could face significant funding challenges if federal budget reconciliation measures reduce Medicaid and SNAP benefits. The county health department and social services rely heavily on...
Will-County-Finance-Committee-Meeting-July-1-2025

County Moves Forward with $200.8 Million Bond Refinancing Plan

Will County Finance Committee members on July 1 approved moving forward with a comprehensive bond refinancing ordinance that could save taxpayers more than $716,000 over the life of the bonds...
Will-County-Public-Works-Transportation-Committee-Meeting-July-1-2025

Access Will County Dial-a-Ride Program Sees Record Growth, Eyes Expansion

Will County's dial-a-ride transportation service for seniors and disabled residents reached record ridership levels while officials plan major expansion to cover all county townships. The Access Will County program served...
Will-County-Capital-Improvements-IT-Committee-Meeting-July-1-2025

Will County to Launch New Public Meeting Agenda System in August Amidst Data Conversion Concerns

Will County is set to launch its new public meeting agenda and records software, Granicus “OneMeeting,” in August, but the transition will see over a decade of historical records converted...
Will-County-Planning-and-Zoning-Commission-Meeting-July-1-2025

Green Garden Township Poised for First Major Subdivision in Years After Rezoning

The Will County Planning and Zoning Commission has recommended a rezoning that could pave the way for the first major residential subdivision in Green Garden Township in nearly two decades....
Will-County-Finance-Committee-Meeting-July-1-2025

County RNG Facility Shows Strong Performance Despite Solar Challenges

Will County's Renewable Natural Gas facility is exceeding production targets while officials explore options to reduce substantial electricity costs that currently impact profitability. Project manager Greg Komperda told Finance Committee...
Meeting-Briefs

PZC Briefs: Solar Farm in Crete, Post-Fire Permit for Troy Business, and More

The Will County Planning and Zoning Commission handled several other cases during its July 1 meeting, including a new solar farm, a temporary permit for a fire-damaged business, and routine...
Meeting-Briefs

In Brief: Capital & IT News

Here are other highlights from the Will County Capital Improvements & IT Committee meeting on Tuesday. Successful Fire Drill at County BuildingThe Will County Office Building held its first full...
Meeting-Briefs

Will County Finance Committee July 1 Meeting Briefs

Bond Refinancing Advances: Finance Committee approved an ordinance authorizing up to $200.8 million in bond refinancing that could save taxpayers more than $716,000. The measure moves to the full County...
Meeting-Briefs

Will County Public Works Committee Juliy 1 Meeting Briefs

ROAD CONTRACTS APPROVED Austin Tyler Construction Contract: The committee approved a $691,544 contract with Austin Tyler Construction for resurfacing River Road from East Frontage Road to Prairie Creek Bridge and...
About Us Website Header - 1

New Lenox Library Board Seats New Trustees, Reorganizes After Election

NEW LENOX – The New Lenox Public Library District Board of Trustees officially seated its newly elected members and reorganized its leadership and committee assignments for the new term at...
New-Lenox-School-122.3

New Lenox D122 Board Approves Nearly $300,000 for Summer Maintenance Projects

The New Lenox School District 122 Board of Education has approved a comprehensive list of 56 maintenance and capital improvement projects to be completed over the summer, allocating a total...
new-lenox-fire-district-stations.3

New Lenox Fire District to Launch Comfort Dog Program for First Responders, Community

NEW LENOX – The New Lenox Fire Protection District is adding a four-legged member to its team after the Board of Trustees unanimously approved the creation of a new comfort...
new-lenox-library.2-1

Library’s ‘Studio’ Draws Record Crowds with New Tech and Creative Programs

NEW LENOX – The New Lenox Public Library’s creative hub, The Studio, is experiencing a surge in popularity, shattering attendance records and successfully launching new technology-driven programs, according to a...