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Village schedules lien sale for unpaid taxes totaling about $500,000
Summary
Staff reported slightly more than $500,000 in unpaid taxes remain and the village scheduled a lien sale for May 5, 2026, at 11 a.m.; notices will be published in the paper for three weeks prior to the sale. Trustees heard a summary of the prior sale's collection results.
Village staff told trustees that slightly more than $500,000 in unpaid property taxes remain on the roll and that a lien sale was scheduled for Tuesday, May 5, 2026, at 11 a.m. Notices for the sale will be published in the local paper for three weeks before the sale, as required.
Staff reviewed results from the previous lien sale, saying it collected about $383,000; only roughly $11,000 of that related to small vacant parcels that were retained, and those amounts are now paid. The new sale will offer remaining liens for collection according to the sale rules discussed by staff.
Why it matters: a lien sale is the village's tool to recover unpaid property taxes; the proceeds and collections affect revenue for municipal operations in the coming fiscal year.
No specific parcels were identified for immediate forfeiture at the meeting; staff said formal publication and sale notices will precede the sale, giving property owners time to redeem liens.
