As of April 1, 2025, My Huntley News is no longer publishing new content but remains active for archival use. For those of you with active subscriptions, a prorated reimbursement will be sent to you no later than May 1, 2025. Refunds will be issued to the name and address listed on your subscription. My Huntley News thanks you for your support and readership, and we welcome you to visit White Silo Media's primary publication, My Sun Day News.
Subscribe Subscriber Login Staff/Contact Advertise Submissions Jobs

 

MY HUNTLEY NEWS

THE DOORWAY TO OUR COMMUNITY
 
News Features Sports A&E Columns Hang Your Hat Obituaries Sun City

November 13, 2024

Village Board approved of a tax levy at the Nov. 7 Board meeting
Image provided.
Village Board approved of a tax levy at the Nov. 7 Board meeting

News • November 13, 2024

Village Board chooses to propose a 3.6% tax levy increase from 2023

By

HUNTLEY — At the Nov. 7 Village Board meeting, trustees were presented with three tax levy options to choose from that must be approved in sufficient time to file the approved property tax levy ordinance with the County Clerk’s Office by Dec. 31.

After having heard all three options, Board members agreed that Option Two would be the best option for the village considering it would absorb 66% or $125,300 of the new construction in Huntley.

While Option Two would represent a $188,817 or a 3.6% increase from 2023, it would still meet the village’s policy of keeping the tax rate low while meeting the village’s policy of funding the Police Pension. In addition, this option was also the tax levy option the board chose last year.

During discussions, Village President Tim Hoeft made mention that the board should consider discussing the possibility of going with Option Three next year since the state of Illinois is eliminating the 1% grocery tax as of Jan. 1, 2026, which could affect Huntley.

Trustee Ronda Goldman concurred with Hoeft’s statement, also adding that due to the deficits she’s been hearing about in Springfield she fears that could have a “trickle effect” into the village and Option Three would add more money in financial resources for Huntley’s General Fund. However, for this year, Goldman decided that Option Two would be the better option.

Unlike Option Three, Option Two does not increase financial resources for General Fund Operations and instead directs 31.1% of the levy to the Police Pension compared to 28.6% in 2023.

Similarly to the rest of the Village Board, Trustee Ric Zydorowicz agreed with choosing Option Two for this year while also stating, “I just caution us going forward we’re going to need to definitely be looking at Option Three not only losing that sales tax revenue next year we got some projects coming up. You know, Kreutzer Road that we’re not fully funded for yet as well as a public works facility we’re going to need and rather than completely eat into that general fund that’s just something we need to think about going forward.”

Trustee Harry Leopold reminded the board that in past years the Village Board has had to publish a “Black Box” notice in the newspaper despite the average cost of tax to the homeowner going down. He cautioned that regardless of the tax rate staying low, if a Black Box notice is published, the village will still get a lot of complaints from residents.

All in all, residents won’t see a major increase in their tax rates as was the case with last year’s tax levy.