Title
Proposed 2025 Property Tax Levy - Public Hearing
History
Legal notice for this Public Hearing was published in the Daily Southtown Newspaper setting forth the date, time and location at 7:00 p.m. on December 1, 2025, at the Village of Orland Park Village Hall.
The December 1, 2025, Board of Trustees meeting agenda includes an item approving the 2025 property tax levy that is reflected in the FY2026 budget. There is a statutory requirement to hold a Truth in Taxation Public Hearing if the proposed corporate and special purpose components of the levy exceed 105% of the prior years' corporate and special purpose levy extension. The Village's 2025 levy does not exceed 105% of the 2024 extended levy. In the interest of transparency, the Black Box public hearing notification was published.
The Village tax levy for operations and debt service totals $13,669,063. This levy amount is 3.75% higher than the 2024 adopted levy.
The Library tax levy for operations, which is set by the Board of Library Trustees, totals $7,379,985. This is a total increase for the Library of 4.21%.
The proposed tax levy continues the Village's goal of minimizing the impact from property tax while still capturing new growth throughout the Village. The Village anticipates increases in the Village's EAV from new developments adding to the tax rolls.
Recommended Action/Motion
I move to adjourn the public hearing for the 2025 property tax levy.