Skokie residents will not see any increase in the village's portion of their tax bill this year.
The village's finance director, George Van Geem, told trustees at Monday's village board meeting that Skokie has frozen its portion of property taxes for 23 years in a row.
"The Skokie tax levy is a success story," he said, adding it has been frozen in 1991. Much of the credit goes to Westfield Old Orchard Mall, which produces generous sales tax revenue.
The budget item was presented as a first reading, and the board will vote on it at a later date, possibly Dec. 16.Residents should know that the village's portion of your property tax bill makes up only a small percentage of the total taxes you pay. Typically, about 70 percent of the check you write for property taxes goes to schools. The rest goes to other governmental taxing districts in which you live, such as park districts and mosquito abatement districts.
The budget can be viewed here.
The resolution adopting the budget can be viewed here, (scroll to page 110).
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