File #: 190298    Version: Name:
Type: Ordinance Status: Passed
File created: 7/9/2019 In control: Village Board of Trustees
On agenda: Final action: 11/7/2019
Title: Ordinance Providing for the Levy and Assessment of Taxes for the Fiscal Year beginning January 1, 2019 and ending December 31, 2019 for the Village of Lombard Providing for the levy and assessment of taxes for the fiscal year beginning January 1, 2019 and ending December 31, 2019 in the amount of Ten-Million-Fifty-Two-Thousand-Three Hundred-Seventy-Six Dollars ($10,052,376). Based on the total estimated EAV along with the number of households in Lombard per the most recent census, the Village's share of the tax bill for the average $189,000 household is expected to increase approximately $8.42. For the owner of a $300,000 house, the increase will be approximately $14.21. The Finance and Administration Committee voted unanimously to recommend the statutorily permissible 2019 tax levy to the President and the Board of Trustees.
Attachments: 1. Leg# 190298.pdf, 2. Leg#190298 F&A 9-23-2019, 3. BOT 10-17-2019 Leg#190298, 4. Ordinance 7749 Levy and Assessment of Taxes 2019.pdf, 5. Cover Page 190298.pdf

Title

Ordinance Providing for the Levy and Assessment of Taxes for the Fiscal Year beginning January 1, 2019 and ending December 31, 2019 for the Village of Lombard

Providing for the levy and assessment of taxes for the fiscal year beginning January 1, 2019 and ending December 31, 2019 in the amount of Ten-Million-Fifty-Two-Thousand-Three Hundred-Seventy-Six Dollars ($10,052,376). Based on the total estimated EAV along with the number of households in Lombard per the most recent census, the Village's share of the tax bill for the average $189,000 household is expected to increase approximately $8.42.  For the owner of a $300,000 house, the increase will be approximately $14.21.  The Finance and Administration Committee voted unanimously to recommend the statutorily permissible 2019 tax levy to the President and the Board of Trustees. 

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