December 18, 2006
No Property Tax Increase for 16-Years in Skokie, Illinois
Skokie, Illinois has kept promise to keep taxes flat since '90. It can be done!
It's not surprising that Skokie trustees made a promise in 1990 to hold the line on taxes. What's surprising is that the promise still stands.
The Village Board is scheduled to vote Monday on a 2006 tax levy of $15.5 million, the same amount it levied in 1990. That's 16 consecutive years with no new property taxes.
Had the village increased its levy every year just to account for inflation, as determined by the consumer price index, Skokie's 2006 tax levy would be $23.3 million, said Robert Nowak, director of finance.
It can be!
http://www.chicagotribune.com/news/local/west/chi-0612150203dec15,1,3288147.story?coll=chi-newslocalwest-hed
Filed under Blog, Low Property Taxes by George Bolton
