During the Lennox City Council meeting on September 22, 2025, a significant discussion centered around the property tax levy and its implications for local residents. The council reviewed the state law that limits annual revenue increases for local governments, which is capped at a maximum of 6% when combining the Consumer Price Index (CPI) and growth factors. This year, both the CPI and growth have been set at a maximum of 3%.
The council is requesting the full amount of property tax allowed under state law, which includes provisions for debt service related to the swimming pool general obligation bond. A public hearing was held to gather community input on this levy request, although no residents attended to voice their opinions.
One of the key highlights from the meeting was the announcement that Lennox is expected to see its property tax rate reduced for the fifth consecutive year. This reduction is attributed to the growth in the community, particularly with the opening of new housing developments and commercial buildings, which have contributed to an increase in the local tax base. Despite the reduction in the tax rate, some residents may still see an increase in their actual tax bills due to rising property values, which have increased by less than 1% on average this year.
The council emphasized the importance of these developments in maintaining a favorable tax environment for residents. As the meeting concluded, the council members were encouraged to discuss the resolution further, highlighting the ongoing commitment to balancing community growth with fiscal responsibility.
This meeting reflects the council's efforts to engage with the community on financial matters that directly impact residents, ensuring transparency and accountability in local governance.