Lemont opens Truth-in-Taxation hearing as village proposes $5.00 million levy
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Summary
Lemont officials opened a required Truth in Taxation hearing on a proposed 2025 property tax levy of $5,002,087 — a 6.75% increase over 2024 — citing new growth and a 2.9% tax-cap component; staff said the village portion represents roughly 7–8% of a typical property tax bill and offered to follow up on requests for liquid-asset figures.
The Village of Lemont opened a Truth in Taxation public hearing Monday after village staff proposed a $5,002,087 property tax levy for 2025, an increase the village said is 6.75% higher than last year’s levy.
Darshana, a village staff member who presented the levy numbers, said the increase reflects two components: a 2.9% tax-cap adjustment and about 3.9% in new growth. “The levy proposed amount requested is $5,002,087, which is 6.75% higher than the 2024 tax levy amount,” she said.
The hearing was required because state law triggers a public hearing when a proposed levy exceeds 5% over the prior year. Mayor Agofsky and trustees discussed how the village’s levy interacts with the many other taxing bodies on a resident’s bill; staff estimated Lemont’s share typically amounts to about 7–8% of the total property tax bill.
During the public portion, resident Laura Regal asked specifically for the village’s net financial position excluding capital assets and for the amount of liquid assets. Staff directed her to the published budget documents online and offered to follow up with a more precise, liquid-assets figure after the meeting. The board closed the hearing by roll call vote after public comment.
What’s next: The village did not adopt the levy at the meeting; the hearing provided the statutorily required opportunity for public comment. Staff reminded residents the county’s tax-bill timing has been delayed this year and noted the typical December deadlines for tax payments and reimbursements.