La Grange Park’s Village Board has agreed on the village’s 2025 property tax levy.

This year’s levy will be approximately 3%, representing close to a flat increase for homeowners.

“The estimated 2025 aggregated levy is less than a 5% increase compared to 2024, therefore a public hearing is not required by the Truth in Taxation Law,” Finance Chair Robert Lautner told his board colleagues. “The 4% increase includes the 1% new value estimate allowable under Illinois tax law, and it’s important to know that for most residents, the actual increase in the village’s annual aggregate property tax levy should be the PTELL restricted amount of 2.9%. The village’s levy will also include the debt service for the 2016 road and fire equipment bonds. For the owner of a home valued at $450,000, the estimated annual increase is approximately $44.”

The 1% new value Lautner referenced is the new construction in the village during 2025; PTELL is the Illinois Property Tax Extension Limitation law, which limits property tax increases to 5% or the Consumer Price Index.

In pure dollar numbers, the village’s estimated 2025 aggregate tax levy will be $4,648,220. Although the debt service for the bonds is excluded from PTELL, it is included in the village’s estimate of the cost to the homeowner.

The La Grange Park Board of Trustees was set to approve the village’s 2025 property tax levy at its Nov. 25 meeting, 7:30 p.m. in the Village Board Room, 447 N. Catherine Avenue.

The Park District of La Grange also agreed on a final 2025 property tax levy, and like La Grange Park, the increase to the homeowner will be minimal.

The Park District’s total levy will be $4,273,872, or a 2.42 increase over the previous year, well within the PTELL limit of 2.9%, this year’s CPI.

The levy includes the anticipation of additional levy funding due to new construction in the village.

“My overall levy figure is just at 2.42% increase over last year’s,” Jamie Hollock, finance director, told commissioners while introducing the topic. “Very minimal. For a $500,000 fair market home, the tax impact will be $19.14.”

Like La Grange Park’s levy, the $19.14 figure is for the entire year, not a monthly figure so typically seen in municipal tax levy ordinances.

“We try to keep it flat,” Board of Commissioners President Brian Opyd said after the meeting.

The Park District Board of Commissioners will formally vote on the district’s 2025 tax levy at its next meeting, 6 p.m., Dec. 8, at the district’s Administrative office, 536 East Ave.

Hank Beckman is a freelance reporter for Pioneer Press. 

https://www.chicagotribune.com/2025/11/20/lagrange-park-area-tax-levies/