ELMHURST – The Elmhurst City Council voted unanimously at its Dec. 3 meeting to begin the process for approval of an overall increase in tax levy of 1.3 percent.
The increased levy, which amounts to a $12.62 increase in tax payment to the city over 2017 for the owner of an average $413,063 market value home, includes no increase from the city portion of the levy, according to the Nov. 27 report from the city’s Finance, Council Affairs and Administrative Services Committee. Rather, it reflects the balance of a 3 percent increase the Elmhurst Public Library board approved.
Alderman Kevin York, the chairman of the committee, said the city continues to maintain a general balance fund that is in excess of the council’s general fund balance policy as a result of factors, including past tax increases, that have positively contributed to the general fund balance.
“When it’s all said and done, none of us on the committee felt that we could justify raising a tax levy when the city was in this outstanding cash position,” York said. “It felt too much like ‘taxing to save’ to all of us.”
York said there are three items on a resident’s tax bill that pertain to the city: the city line item, which will decrease for the average home, city pensions, which will increase for the average home, and the library, which will increase for the average home.
The city line item and the pensions will “net each other out,” York said.
Mayor Steve Morley said the library has its own board that makes a tax levy recommendation, which the city is legally obligated to approve.
The next city council meeting is scheduled for Dec. 17.