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Joliet property tax levy hike to be offset by new growth
Original: Proposed Joliet property tax levy increase to be absorbed by new development, finance director says
Joliet city officials have proposed an increase in the property tax levy, but the city's finance director says the burden on existing homeowners would be absorbed by growth from new development. The expansion of the tax base, he argues, means current property owners would not feel the impact of the higher levy, a point likely to be weighed by the city council as it considers the budget.
Why now: Residents are watching local budget decisions that could affect their property tax bills.
JolietJoliet Finance DepartmentJoliet City Council
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- Proposed Joliet property tax levy increase to be absorbed by new development, finance director says · Shaw Local
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