Waukegan City Council Approves Sixth Straight Year of No Tax Increase

UPDATE: The Waukegan City Council has just approved a $37.3 million real estate tax levy, marking the sixth consecutive year without an increase for local property taxpayers. This decision was made during a meeting at City Hall on Monday, impacting tax bills due to be issued by Lake County in spring 2025.

Mayor Sam Cunningham announced the decision, emphasizing that the city’s early planning for the fiscal year, which began on May 1, allowed for this zero-levy increase. “We identified these things early on, and it has helped us to achieve a zero-levy increase for six years,” Cunningham stated.

Despite the city’s portion of property taxes remaining unchanged, Alderman Lynn Florian warned that individual tax bills may rise due to assessments from other governmental entities, such as the school district and park district. “Your tax bill may look different next year than it does this year,” Florian explained, urging residents to review their bills closely.

The approved budget of $292 million anticipates revenues of $262.9 million, with $29.3 million from cash reserves used to bridge the gap. The city’s tax levy now constitutes approximately 14.2% of total revenue, with the average homeowner in Waukegan, owning a property valued around $240,000, expected to pay about $4,469 annually.

While Waukegan Community Unit School District 60 has maintained its property taxes flat for five years, it recently raised its levy by 4.99% to ensure educational quality, adding pressure to local taxpayers. Cunningham highlighted that parts of the city fall under different school districts, complicating tax perceptions.

“We have to clarify that the city of Waukegan has often been blamed for every tax increase on your bill,” he said. “It’s difficult to explain unless you see it.”

Looking ahead, Cunningham acknowledged looming expenses, including plans for a new police and fire station, as well as potential liabilities from wrongful convictions. “All of this will play a role in our future obligations,” he cautioned.

The allocation of property tax revenue is specific; approximately $4.87 million is designated for the Waukegan Public Library, $6.75 million for garbage collection, and $22.5 million for police, fire services, and pension funds.

As Waukegan prepares to enter the second half of the fiscal year, the mayor remains hopeful that the city can continue to maintain its tax structure, allowing residents some financial relief in an uncertain economic climate.

Residents are encouraged to stay informed about their tax assessments and city budget developments, as local financial decisions directly impact community services and resources.