DuPage County billed property tax payers $2.74 billion for 2016; this meant owners of a median-valued home in Naperville worth $388,000 had a $9,000 property tax bill.
The Mount Prospect village manager is set to receive a $214,000 salary in 2018, joining a long list of other Illinois municipal officials collecting similar and even larger paychecks.
The Chicago suburb’s decision to raise the levy will result in a 3.1 percent hike in the city’s portion of property tax bills, marking the first such increase in four years.
The measure would limit regulations and costs local governments could impose on wireless providers seeking to locate certain equipment on municipal property.
A decade-old, 18-story, taxpayer-funded hotel in the village of Lombard is headed for bankruptcy, proving to be a misguided investment of taxpayer dollars.