2025-11-10 Village of Villa Park Special Board and COTW Meeting

Village of Villa Park Committee of the Whole · November 11, 2025

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24:16

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24:16

Presentation: source documents and certified EAV

Presentation

7:06 → 7:44(37s)

Director Micah opened the staff presentation, saying she pulled EAV and extension figures from the DuPage County website. She reported the county-certified 2024 EAV as $815,000,007.39 and noted an estimated figure of $817,000,000 based on 2% assumed new growth; she emphasized the estimate is not county-certified.

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Director Micah presented a staff analysis of how DuPage Countys certified 2024 equalized assessed value (EAV) and a 2.9% CPI cap would affect Villa Parks 2026 property tax levy. Using a sample homeowner bill, staff showed a village portion increase of $26.93 and a combined village+library example increase of $41.02; trustees asked clarifying questions and the committee adjourned without public comment.

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Transcript

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