The village board will discuss this year's tax refund at its meeting on Monday.
The village board will discuss this year's tax refund at its meeting on Monday.

For the last 10 years, eligible New Lenox residents have received a rebate on property taxes paid to the village.

Residents have received as much as 80% back. The board is going to discuss its course of action with this year's rebates at Monday's meeting.

The village was hoping to rebate around 85% this year, but because of the pandemic and significant losses, Mayor Tim Baldermann anticipates that it might be around 50%.

"Our primary focus and responsibility as a village is to provide services," Baldermann said. "We have to make sure our police are taken care of, and our roads get fixed and plowed. We were not going to cut back on any of that. But we're still able to at least give something back to the residents."

Baldermann said the village has seen roughly $600,000 to $700,000 lost in tax revenue this year.

The property tax paid to the village is a small portion of the tax bill, collecting roughly $300 to $400 from people. So they may get back $150 to $200 back.

"It doesn't seem like a lot, but it's something," Baldermann said. "We're not collecting a lot to begin with."

Monday's board meeting begins at 7 p.m. and conversation about the tax refund is listed in the order of business to be discussed.

For more local news, visit The Herald-News at https://www.theherald-news.com.

The Herald-News