Naperville Lawmakers Talk Taxes

Senator Michael Connelly and Township Assessor, Warren Dixon were ready to talk taxes at Naperville Central High School.

“Property taxes are really a result of many things in the state. Our business policies, fiscal policies both at the state level and the local level and shifting burdens of cost from the state to local. So it’s a very complicated thing and not as simple as it appears,” said Connelly.

At a rate of 2.67 percent, Illinois has the highest property tax rate in the nation. The median is 1.93 percent.

“We relay more heavily on property taxes to fund public education than any other state in the nation. So we relay more heavily on local districts to fund property taxes and so from an under funding stand point of the state, we are reaching further into the property taxes. But as our economy starts to come back and we start to lose our tax base and some of our sales tax revenue, people are becoming more stressed and reaching further into those property taxes on top of funding issues in Illinois,” Dixon said.

In Naperville the school district you live in impacts how much you pay in property taxes. The average $350,000 home owner in District 203 pays $7,700 where further south in District 204 it’s $8,400.

“In certain areas of Naperville you have a pretty nice tax base so one of the most important components to a property tax bill is the tax base and how we spread those levy’s across. We’re probably middle to average across larger communities from a property tax stand point because we do have a large commercial corridor and large properties that we are able to spread that across,” Dixon said.

Napervillians did save an average of $41.00 on their property taxes with council approving a new sales tax this year.

The state budget impasse and Governor Rauners’ talk of revamping the property tax formula leaves a lot of uncertainty in how our schools stay funded.

“We do take pride in our schools. I am a 203 dad a North dad so I get that part of it. But frankly the state doesn’t provide funding to school districts like Naperville 203 or 204 so we supplement or augment it with our property tax bill. The Governor is looking at revising the entire formula and I am not adverse to looking at that as well, but it can’t be at our expense it has to be equal,” Connelly said.

Naperville News 17’s Natalie Vitale Reports.

 

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