Notice of Proposed Property Tax Levy for Village of Elburn
I. A public hearing to approve a proposed property tax levy increase for Village of Elburn for 2023 will be held on December 4, 2023, at 7:00 p.m. at Elburn Village Hall, 301 E. North Street, Elburn, IL.
Any person desiring to appear at the public hearing and present testimony to the taxing district may contact Doug Elder, Finance Director, Elburn Village Hall, 301
E. North St., Elburn, IL, phone 630-365-5060.
II. The corporate and special purpose property taxes extended or abated for 2022 were $1,024,645.
The proposed corporate and special purpose property taxes to be levied for 2023 are $1,515,404. This represents a 48% increase over the previous year.
III. The property taxes extended for debt service and public building commission leases for 2022 were $0.
The estimated property taxes to be levied for debt service and public building commission leases for 2023 are $0. This represents a 0% increase over the previous year.
IV. The total property taxes extended or abated for 2022 were $1,024,645.
The estimated total property taxes to be levied for 2023 are $1,515,404. This represents a 48% increase over the previous year.