The Flossmoor Village Board took the first step to approving a 2020 tax levy that would mark a 1.44% increase over last year’s extension.
Village officials are trying to navigate enacted legislation, a lack of new development and tax caps. The village's levy will be submitted to the Cook County Clerk's Office, which will determine a final number by summer 2021.
Illinois property tax cap legislation allows for increases of 5% or the Consumer Price Increase (CPI), whichever is less. Flossmoor's levy is lower than the 2.3% CPI for . . .
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