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Resident says developer’s tax-revenue estimate for proposed 91 townhomes is incorrect; mayor says figures were developers’ estimates
Warrenville City Council · November 4, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
Bob Siebert questioned a developer-provided estimate that 91 townhomes would raise $115,000 annually in city property taxes, presenting alternate per-unit calculations and urging the city to provide accurate information; the mayor clarified the numbers came from the developer, not the city.
Bob Siebert of Albright Court used citizen comment time to challenge a published estimate that a proposed 91-unit townhome project would add $115,000 in annual property tax revenue to the city.
Siebert walked the council through arithmetic and equalized assessed value (EAV)…
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