Grayslake to freeze property tax next year
BY ED COLLINS Special to The News-Sun November 7, 2012 4:54PM
Updated: January 7, 2013 1:45AM
Grayslake officials have tentatively approved a resolution to freeze 2013 municipal property taxes at their current 2012 level.
Trustees decided Tuesday night that when it becomes time to levy local taxes for 2012, they would remain at the same rate of $2.9 million as this year. The annual tax is typically between 4 and 5 percent.
“While the village only accounts for just under 5 percent of a resident’s total property tax bill, this freeze represents the village’s attempt to do its part to control runaway homeowner and business property tax bills,” Mayor Rhett Taylor said.
Taylor said a property levy ordinance would be formally presented to the Village Board for action in December. The 2012 ordinance would only impact 2013 property tax bills, officials said.
Trustee Bruce Bassett pointed out that the village’s share of the property tax is miniscule when compared with other agencies listed on the statement. He pointed out that local school districts traditionally take up the lion’s share of residential taxes.
Taylor also pointed out that since 1987, the village’s property tax has declined by 46 percent.
In other action, two young eighth-grade students from Prairie Crossing Charter School addressed the board about a community project they are sponsoring to recycle the numerous mail-order catalogs that residents usually receive over the holidays.
Ben Steinbeck and Chase Werfel said the collection and recycling of these catalogs could eliminate considerable waste. The boys described how people could help in the effort and mentioned a catalog choice Web site that further addresses the issue.
Also, the Board, as is customary, waived a $25 fee for the Knights of Columbus for a temporary-use permit to operate their upcoming Christmas tree sales.