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Warrenville holds public hearing on 2025 property tax levy as finance director details pension increase
Summary
Finance Director Dahlstrom told the council and residents that the city is requesting an additional roughly $157,000 to support the police pension fund for 2025, confirmed planned use of self-imposed tax caps, and explained an abatement that will remove certain 2023 debt service from 2025 tax bills; a public commenter asked about new development revenue and recapture estimates.
Warrenville’s City Council opened a public hearing Dec. 15 on the proposed 2025 property tax levy and heard a presentation and questions from residents and aldermen. Finance Director Dahlstrom corrected a typo in the meeting packet and described the levy proposal, saying the city requests about $157,000 in additional revenue for the police pension fund and plans to self-apply the city’s longstanding tax caps.
Dahlstrom told the council the memo’s corrected new-construction value is 6,220,610 and explained that an abatement ordinance included with the packet would abate 2023 general obligation debt service so that…
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