During the recent Village Board Meeting in Tinley Park, officials highlighted significant developments and their impact on local taxation, emphasizing the village's commitment to maintaining a 0% tax levy for the past two years. This achievement is attributed to a remarkable influx of over half a billion dollars in development over the last three and a half years, which has revitalized various areas of the village, including Harlem Avenue and the LaGrange area.

Village leaders discussed the strategic acquisition and development of a 77-acre parcel of land previously owned by Lincoln Way, which had been tax-exempt for years. By negotiating a favorable deal, the village aims to generate an estimated $50 million in revenue over the next two decades, significantly benefiting local school districts by increasing their tax base. This development is expected to alleviate financial pressures faced by these districts, which have struggled with rising taxes due to stagnant revenue.

Additionally, the meeting addressed plans for the redevelopment of the former Greystone golf course into a sports complex, featuring a 40,000 square foot sports facility and a 30,000 square foot sports dome. These projects are anticipated to attract new businesses, including hotels and restaurants, further boosting local economic growth.

Village officials defended their tax policies against claims of rising taxes, clarifying that any increases in residents' tax bills are primarily due to rising property values rather than an increase in the village's tax levy. They emphasized that the village's portion of taxes has remained stable, contrasting this with the typical 5-8% increases seen in local school districts.

The board underscored the importance of collaboration among various departments and stakeholders in achieving these developments, which have contributed to the overall enhancement of Tinley Park. As the village continues to grow and evolve, officials remain focused on maintaining fiscal responsibility while fostering a thriving community.