Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Taxes Assessments topic
No spam. Unsubscribe anytime.
Trustees respond to reassessment calls as residents report large tax increases; board encourages open‑book appointments
Summary
Following a wave of reassessment letters, trustees heard reports of large tax‑bill increases for some households and encouraged residents to schedule open‑book appointments; staff offered to invite the assessor to a future meeting for detail.
Trustees used part of the special meeting to address resident concern after the village sent 5,200 assessment notices. Multiple trustees said they had received dozens of calls from residents reporting large tax‑bill increases; trustees gave anecdotal examples of a 70% increase and a $600 increase to illustrate the community impact.
Staff explained the reassessment process and noted the state’s allocation of certain credits and intergovernmental revenue (including a lottery credit and a shift of personal‑property tax aid into state intergovernmental revenue). Staff encouraged affected residents to schedule open‑book appointments with the assessor and suggested bringing the assessor (Greg) to a future meeting if trustees wanted additional explanation.
Trustees asked staff to provide clearer line‑item detail and to check whether large commercial reassessments (targets named during discussion) are shifting a greater share of taxes to residential parcels. Staff said commercial reassessments factor into the overall tax base and provided an approximate local share figure (about 29%), but emphasized that specific impacts vary by parcel.
No formal action was taken; staff committed to additional outreach, to invite the assessor or assessor staff to speak at a future session if requested, and to provide updated budget materials that show how reassessments affect levy calculations and resident bills.
