Kankakee property values are once again on the rise, this time by $35 million, officials reported Monday.

The bill would also create a new property tax repayment plan, giving counties the authority to establish structured payment options for unpaid taxes, according to state Sen. Rachel Ventura’s office.

The proposed 2025 property tax rate for the city of Dixon is about $2.29 per $100 of equalized assessed value, an increase from the 2024 rate of $1.72. City officials estimate a $29 bill increase for a home valued at $100,000

The majority of village trustees approved a $1.98 million tax levy. Oswego property owners will see a 2% decrease in the village’s property tax rate next year.

County Executive Jennifer Bertino-Tarrant hints that she will consider a veto, says lower levy creates unbalanced budget.

Dixon Public Schools expects the 2025 property tax rate to decrease slightly from 2024 due to projected increases in assessment values.

The Sycamore Public Library is seeking to increase its property tax levy in 2026 by $177,500. Director Kim Halsey said the top reason for the request is to keep Sycamore library staff pay competitive with industry standards.

Officials expect it will result in an estimated bill increase of $13.03 for a home valued at $150,000, according to the approved tax ordinance.

The overall 2026 budget represents a $19 million decrease due to significant capital improvement projects being completed in 2025, though the levy includes an addition $200,000 in revenue.

Since most homes in Lockport saw an increase in assessed value last year, the average homeowner will likely see some increase in taxes paid to the city, the city said.

As the city of Yorkville gears up to approve the 2025 tax levy ordinance, here’s a look at how the levy will likely show up on your property bills.

The McHenry County Board has voted to raise its property tax levy by the inflation-tied limit allowed under the tax cap, but it won't go with the "lookback" option.

Anyone who buys gasoline in Sycamore will soon pay 3 more cents per gallon after a Sycamore City Council vote to raise the city’s motor fuel tax this week. Officials said the tax pays for road maintenance.

Sycamore’s top employee said he believes the average price of gas in Sycamore is more expensive than at DeKalb gas stations, despite having a lower motor fuel tax than the neighboring city.

A decision on raising the McHenry County property tax levy – a move that has drawn the ire of both political parties and taxpayers – is expected Tuesday evening.

The news sent shockwaves through Italy, where 13 producers would be subject to the whopping one-two punch. They say sales in their second biggest export market would shrivel if prices to American consumers more than double

The Yorkville School District 115 approved its 2025 tentative tax levy. As housing values continue rising in the area, here's how the proposed 3.86% school levy rate increase will balance out on your property bills.

The Coal City Unit 1 School District yet again has filed a complaint with the Grundy County Tax Assessor's office over the valuation of GE Hitachi's Morris operation, a one-of-a-kind nuclear waste storage facility.

The proposed 2025 property tax rate is 82.42 cents per $100 of equalized assessed value, an increase from the 2024 rate of 79.46 cents.

DeKalb city leaders propose $8.9 million tax levy ahead of final vote on Nov. 24.

The owner of Kankakee's latest restaurant addition, the New York City Deli, is targeting an April opening, however, much site work will first be in order.

The highly anticipated members-only shopping warehouse is already creating a large footprint in the Yorkville community.

The official estimate for St. Charles’ 2025 tax levy was passed by city council on Nov. 3. Here’e a look at how it will hit your pocketbooks and help fund the city.

Manteno could soon collect short-term rental tax of 5% as it already does on its two hotels.

The Joliet City Council will vote on the levy in December on a proposed $54.5 million property tax levy.

From Capitol News Illinois: Illinois lawmakers are sending a bill to Gov. JB Pritzker that makes a pair of changes to Illinois’ tax code in response to new federal tax provisions that could reduce state revenue

An estimated $7.9 million tentative property tax levy was approved by the DeKalb Park Board, though the public still has a chance to weigh in before a final vote. The increased levy is needed for operating expenses, executive director Paul Zepezauer said.

As the DeKalb City Council considers this year's property tax levy options, residents can weigh in before a final vote expected in November. Here's what your bill could look like under the current proposal

While nothing is yet official, some taxpayers could pay less to the Sycamore Community School District 427 on their next property tax bill than they did this year, according to district documents.

From Capitol News Illinois: The plan calls for raising the existing Regional Transportation Authority sales tax by 0.25 percentage points, to 1% in Lake, McHenry, Kane, DuPage and Will counties and 1.25% in Cook County

From Capitol News Illinois: Speaking at an event Wednesday morning in Taylorville where he met with Illinois farmers, Pritzker declared an amendment to Senate Bill 2111 dead before it could even be called for a hearing in a House committee

From Capitol News Illinois: Two key negotiators on public transit reform in the Illinois House filed a bill Tuesday to raise up to $2 billion for public transit by taxing entertainment and the unrealized investment gains of billionaires

Concerns have been raised regarding the timeliness of the completion of a forensic audit set to look into Kankakee School District 111's spending on its former Youth Empowerment Program. Former superintendent Genevra Walters is among those seeking answers.

Village of Sugar Grove attorneys are asking a judge to dismiss Kaneland District 302's lawsuit to stop the 760-acre Crown Development tax increment finance district.

McHenry County officials still are looking for ways to cut expenses and increase revenue as the County Board gets ready to vote on next year’s budget and a proposed property tax levy increase.

McHenry’s City Council took its first step this week toward adding two Tax Increment Finance districts.

Facing financial pressures – and vows to voters just last year – county board members are debating whether and how much to raise the property tax levy and cut spending.

The Illinois General Assembly is expected to address transit funding, energy, grid reform and property insurance, among other issues, during its fall veto session.

The McHenry County Board will consider whether to reset its property tax levy to what it was before voters signed off on a sales tax increase to fund the Mental Health Board.

From Capitol News Illinois: The tax documents show Pritzker won $1.4 million from gambling, which he said happened while playing cards at a Las Vegas casino

The owner of the Aspen Ridge Golf Course is seeking a repeal of the just-implemented 5% entertainment tax in Bradley.

The property assessment equalization factor, commonly called the “multiplier,” is used to ensure uniform property assessments among Illinois counties, as required by state law.

From Capitol News Illinois: The biggest unknown for a bill on electric utilities is whether it will include direct regulations on data centers’ use of electricity, something House Speaker Chris Welch said is possible

The Chicago Bears are poised to move to the suburbs. But are Illinois lawmakers – and local taxpayers – going to help them do it?

From Capitol News Illinois: State spending likely to increase significantly in coming years as Medicaid, SNAP requirements set in

Kankakee County continues to experience growth in tourism with about 10% of the local economy fueled by visitors.

Fox River Grove will lower its electricity surcharge and cable television taxes for its residents after passing a 1% sales tax.

The phishing scheme involves text messages claiming that a tax refund has been processed and asking for banking information under the threat of losing their refund.

"I think the thing we talk about that kind of overarches everything right now is farm income. We’re very concerned as we continue to read the economic reports coming out of the University of Illinois." Brian Duncan, Illinois Farm Bureau president, said

Dixon School Board has approved a $1.7 million deficit budget for fiscal 2026, mainly due to a $4.6 million drop in federal funding. The district is exploring cost-saving measures but won’t cut staff this year.