Lakewood Village Manager laid out information about next year’s Property Tax levy in a memo to Village Board members.

She projects a increase in tax bill for a $516,006 home to be $43.60 or $8.45 per $100,000 in valuation.

That represents a levy increase of $69,296, 3.57% from last year to $2,010,346.

Revenue the current year was about $37,000 less than the budgeted projected last year.

$121/207 is the amount fire protection costs to Crystal Lake increased.

A history of Lakewood’s levies is included in Heckman’s memo:

The figures for 202 are estimates.

Recommended Posts