Normal looking at tax levy increase, unlikely to result in higher tax bill

Posted on November 2, 2015
Normal Town Council
Normal’s Town Council will discuss the town’s property tax levy Monday night. (WJBC file photo)

By Adam Studzinski

NORMAL – Normal is looking at increasing its portion of the property tax levy, but that doesn’t mean homeowner’s tax bills will go up.

City Manager Mark Peterson said the town is likely to increase its levy by 2.3 percent. However, because Normal’s estimated assessed valuation is expected to increase by 2.5 percent, many residents will actually see a reduction in their tax bill.

“It’s a dollar or two less than they paid last year for the Town of Normal property tax portion,” Peterson said.

The town council will discuss the levy at Monday’s meeting.

Peterson added Normal only accounts for about 10 percent of a homeowner’s total property tax bill and he can’t say what the other taxing bodies will do with their levy.

Adam Studzinski can be reached at [email protected].

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