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Riverwoods trustees approve 4.5% property-tax levy, say most revenues will fund police services
Summary
The Village of Riverwoods adopted its 2025 property tax levy, a 4.5% increase over last year; the board and staff said most of the levy is allocated to police services and that property taxes cover under 25% of general-fund spending.
Village of Riverwoods trustees voted to adopt the ordinance levying property taxes for the 2025 calendar year, approving a levy that trustees and staff described as a 4.5% increase over last year.
Attorney Hubert told the board this is the village’s annual property tax levy and explained that the taxes are assessed in 2025 and collected in 2026. "This is the annual tax levy property tax levy in the village of Riverwoods," he said during the discussion. He said most of the levy is allocated to police services and that the ordinance also includes special service-area maintenance levies and outstanding bond levies.
Director Vasquez said the tax levy funds less than 25% of budgeted general-fund expenses and noted the village relies on non–property-tax revenue for the remainder. "The tax levy pays for less than 25% of budgeted general fund expenses," Vasquez said.
Trustee Jamieson urged clarity for residents, cautioning that a 4.5% levy increase on paper does not automatically translate to a 4.5% increase on every individual tax bill: "The 4.5% increase is not necessarily gonna translate directly to a 4.5% increase in your tax bill," she said.
The board waived first reading and then approved the ordinance by roll call. Recorded votes in the meeting minutes show trustees voting "Aye": Trustee Eastman, Trustee Jamieson, Trustee Raff, Trustee Smith, Trustee Trevino and Trustee Clayton. The motion carried.
The ordinance text before the board allocates most of the levy to police services and incorporates requested SSA (special service area) maintenance levies and applicable bond levies. The village did not provide a line-by-line tax-rate change for individual parcels during the meeting; staff advised residents that final bill impacts depend on assessed valuations and SSA participation.
The second-reading approval concludes the board’s formal action on the levy; the taxes will be assessed for the 2025 fiscal year and collected in 2026.
