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Round Lake Beach trustees review preliminary 2025 property tax levy estimate
Summary
Finance Director McGinley presented four levy scenarios using 2025 EAV of $617,903,497 and recommended a staff scenario (3.1%) that would produce a proposed levy of $3,542,693 and a tax rate near 0.572. Trustees moved to advance the estimate to the next board meeting for formal ordinance approval.
The Village of Round Lake Beach on Nov. 17 reviewed a preliminary property tax levy estimate for 2025 and discussed scenarios staff prepared ahead of the formal levy ordinance.
Finance Director McGinley told trustees the villages 2025 equalized assessed value (EAV) was $617,903,497, up from $555,775,951 in 2024.…
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