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Bensenville board adopts flat 2025 tax levy of $5.41 million

Bensenville Village Board · November 20, 2024
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

The Bensenville Village Board adopted a 2025 tax levy of $5,411,425 — a 0% increase from the prior year — and approved related abatement orders moving debt payments off the direct property-tax levy.

The Bensenville Village Board on Nov. 19 adopted the village's 2025 tax levy in the amount of $5,411,425, continuing a policy of holding the levy flat compared with the prior year. Finance Director Lisa told the board the levy represents a 0% increase and that, because it remains under thresholds that would trigger additional hearings, the village is not required to hold a Truth-in-Taxation hearing.

"We are keeping our levy flat, so we do not have to talk about PTO, but I just wanted to bring that up just in case," Finance Director Lisa said during the discussion. The board also approved abatement orders that staff said will shift principal and interest payments for a group of general obligation bonds to alternative village revenue sources so the debt service burden will not fall directly on property taxpayers.