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

Frankfort-Village-Board-Meeting-Graphic-June-16-2025

Indoor Pickleball Facility ‘Pickled!’ Gets Green Light in Frankfort

A new indoor pickleball facility named "Pickled!" is set to open in Frankfort after the Village Board granted a special use permit for the business at its Monday meeting. The...
Frankfort-Village-Board-Meeting-Graphic-June-16-2025

Frankfort to Install Public Wi-Fi at Breidert Green

Visitors to Breidert Green in downtown Frankfort will soon have access to free public wireless internet. The Village Board on Monday approved the purchase and installation of Wi-Fi equipment to...
Frankfort-Village-Board-Meeting-Graphic-June-16-2025

Frankfort Board Approves Indoor Recreation Facility and Setback Variance

The Frankfort Village Board gave its approval to two separate development projects Monday night, clearing the way for a new indoor pickleball facility and a residential addition. Trustees unanimously granted...
Frankfort-Village-Board-Meeting-Graphic-June-16-2025

Meeting Briefs: Frankfort Village Board for June 16, 2025

Downtown Patios Approved, Parking Waived: The Village Board approved outdoor seating for The Loft and Grounded Coffee Bar on Ash Street. To support the downtown businesses, trustees also voted to waive...
Will-County-Executive-Committee-Meeting-June-12-2025

Mental Health Board Awards $5 Million in Grants to Will County Organizations

The Will County Community Mental Health Board has distributed over $5 million in grants to 39 local organizations, marking the completion of its inaugural funding cycle since voters approved the...
frankfort-square-park-district.2

Frankfort Square Park District Adopts Budget and Appropriation Ordinance, Updates Financial Policy

The Frankfort Square Park District Board of Commissioners formally adopted its Budget and Appropriation Ordinance for the 2025-2026 fiscal year on Thursday, finalizing the district's legal spending authority for the...
Will-County-Executive-Committee-Meeting-June-12-2025

County Board Approves Major Code Updates, Discusses Employee Benefits

The Will County Board Executive Committee approved several ordinance updates Wednesday while engaging in detailed discussions about employee compensation and benefits. The committee passed ordinances updating three chapters of the...
frankfort-square-park-district.1

Major Park District Projects Advance as Hunter Prairie Park Gets Green Light

Work on the Frankfort Square Park District's three major capital projects is hitting key milestones, with the long-awaited redevelopment of Hunter Prairie Park now officially underway. Executive Director Audrey Marcquenski...
Meeting-Briefs

Executive Committee June 12 Meeting Briefs

Property Purchase Approved: The county authorized purchase of two parcels along Governor's Highway in Monee for $545,000 to establish a roadway maintenance facility for the eastern end of the county....
frankfort-square-park-district.2

Developer to Donate Land, Playground for New Park in Tinley Park

A new park is coming to a Tinley Park development thanks to a land and equipment donation from a local home builder. Frank Bradley, owner of Crana Homes, is donating...
Meeting-Briefs

Meeting Briefs: Frankfort Square Park District for June 12, 2025

The Frankfort Square Park District Board of Commissioners formally adopted its annual Budget and Appropriation Ordinance on June 12, a key legal step that sets the district’s spending authority for...
frankfort-school-district-161.2-e1754272831494

Summit Hill Board Approves School Resource Officer for Two Schools in Contentious Vote

The Summit Hill School District 161 Board of Education voted to hire a School Resource Officer (SRO) to serve two of its schools, approving an annual expenditure of up to...
frankfort-school-district-161.1

Summit Hill School Board Reverses Controversial Principal Non-Renewal Decision

In a significant reversal, the Summit Hill School District 161 Board of Education voted to repeal previous resolutions that aimed to not renew the contract of an unnamed principal, effectively...
frankfort-school-district-161.2-e1754272831494

Meeting Briefs: Summit Hill School District 161 for June 11, 2025

The Summit Hill School District 161 Board of Education made several major decisions at its June 11 meeting, including the hiring of a School Resource Officer for two schools after...
Will-County-Ad-Hoc-Ordinance-Review-Committee-Meeting-June-10-2025

Will County to Draft New Harassment Policy Amid Debate Over Board Authority

The Will County Ad-Hoc Ordinance Review Committee will draft a new, county-wide general harassment policy after a lengthy debate on Tuesday revealed the complexities of the county’s legal obligations and...