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Crest Hill opens public hearing on 2025 property tax levy; finance director proposes $2.8 million maximum request
Summary
At a Dec. 1 meeting, Crest Hill Finance Director Glenn Gurke presented the proposed 2025 property tax levy and said staff would request a maximum taxable amount of $2.8 million to capture new property growth; no public comment was offered and the hearing was closed the same night.
Finance Director Glenn Gurke presented the city’s proposed 2025 property tax levy at a public hearing opened by the Crest Hill City Council on Dec. 1.
Gurke, identified in the packet as the finance director, told the council that Illinois home-rule taxing bodies may raise levies each year by the consumer price index (CPI) or 5 percent, whichever is lower. He showed calculations based on the current CPI of 0.29 percent and the city’s recent property growth and said staff would submit a maximum taxable levy request of $2,800,000 to Will County so the city can capture new construction value when final equalized assessed values (EAV) are certified.
“That's what we're gonna ask for our levy,” Gurke said while explaining the approach to submitting a taxable amount rather than a percentage. He described the $2.8 million figure as a maximum cap and said actual extensions depend on certified EAVs, likely in late February or March, and could be lower.
Gurke also outlined how property-tax bills are apportioned among taxing bodies: the city’s share is roughly 7 percent of a typical bill, with school districts and fire and other districts making up the bulk of the remainder. He said tax receipts are trending upward overall, driven by new development, despite a small dip last year.
Mayor (unnamed) invited public comment; no resident approached the podium. Alderperson Tina Overland moved and Alderwoman Patty Gazal seconded a motion to close the hearing at 7:09 p.m.; the motion carried on a roll-call vote.
No final levy adoption vote was made at the Dec. 1 meeting. City staff said the final levy extension will be set after Will County certifies EAVs and that the $2.8 million figure represents the maximum amount the city will request at this stage.
