Board backs Madison & Ashlin development projected to add TIF revenue

Feb 23, 2026

Trustees unanimously supported a Madison & Ashlin development anticipated to yield roughly $600,000 in property tax revenue in the first year and nearly $10 million over the life of the TIF, a move the president called a major step to stabilize the tax base.

The full story

The village board unanimously supported a development proposal at Madison and Ashlin that village leadership says will strengthen the local tax base.

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