Local News

Flossmoor levy seen as having ‘neutral’ effect on local property taxes

First the good news about the 2016 Flossmoor village tax levy, which was unanimously approved Monday night.

The levy, according to Mayor Paul Braun, is expected to be “tax neutral” and will not lead to either a noticeable increase or decrease in the village’s portion of property tax bills next year.

Based on the levy, Flossmoor Finance Director Scott Bordui said it is possible that the owner of a home with $200,000 market value could see a $4 reduction in village taxes. But he added that there are “a lot of variables” that . . .

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