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Glenview board holds first consideration of 2025 property‑tax levy; officials say levy is effectively flat
Summary
Finance staff told trustees the village’s 2025 levy is flat for typical taxpayers; the combined village and library levy was presented at $26,657,787 (a 0.87% increase overall), and trustees opened and closed a public hearing and approved first consideration.
Finance staff presented the village’s proposed 2025 property‑tax levy and the budget‑development timeline during the board’s Nov. 18 meeting.
Presenter Posniak explained the levy process and distribution: Cook County assesses and collects property taxes and distributes them to taxing agencies, and village staff filed the levy ordinance with the county. He said the village receives about 5.5¢ of every property‑tax dollar paid by a typical Glenview homeowner and that school districts receive the majority of each tax dollar. “The village only receives 5.5¢ of every property tax dollar paid,” Posniak said.
Posniak summarized the levy calculation and noted new growth (less than 1% or roughly $149,000) was added to prior‑year net levy. Staff presented a combined levy total of $26,657,787 and said the increase — about 0.87% compared with the prior year — was allocated to capture new or improved properties and would not increase taxes for current typical property owners. The presentation broke levy components into corporate operations, pensions (IMRF, police and fire), and debt service; pensions were said to represent about 83% of the levy.
The board opened a public hearing; no members of the public spoke during the hearing and trustees closed it before returning the matter to the board. Trustees then voted to approve first consideration of the 2025 property‑tax levy ordinance.
No final levy adoption vote was taken at the Nov. 18 meeting; staff noted one more budget public hearing is scheduled for Dec. 2 and described subsequent filing steps with Cook County.
