NOTICE OF PROPOSED PROPERTY TAX INCREASE
 FOR THE VILLAGE OF ELK GROVE VILLAGE

I.  A public hearing to approve a proposed property tax levy for the Village of Elk Grove Village, including the Public Library, for the year 2021 will be held on
December 14, 2021 at 6:45 p.m. at the Charles J. Zettek Municipal Building, 901 Wellington Avenue, Elk Grove Village, Illinois.

Any person desiring to appear at the public hearing and present testimony may contact Christine Tromp, Director of Finance, 901 Wellington Avenue, Elk Grove Village at (847) 439-3900.

II. The corporate and special purpose property taxes extended or abated for 2020 were $21,712,061.
      
The proposed corporate and special purpose property taxes to be levied for 2021 are $23,791,045.  This represents a 9.58% increase over the previous year.

III. The property taxes extended for debt service and public building commission leases for 2020 were $3,961,624.

The estimated property taxes to be levied for debt service and public building commission leases for 2021 are $3,968,580.  This represents a .18% increase over the previous year.

IV. The total property taxes extended or abated for 2020 were $25,673,685.

The estimated total net property taxes to be levied for 2021 for the Village and the Library are $27,759,625. This represents a 8.12% increase over the previous year.

Christine Tromp
Director of Finance

Published in the Daily Herald on December 1, 2021.