Unlike Joliet, Channahon Votes To Lower Property Taxes For Citizens

CHANNAHON — Channahon village officials issued a press release announcing that at Monday night's meeting, the village board approved the 2024 property tax levy ordinance. The estimated tax rate for Channahon is 0.5492, which is a 6 percent reduction from the prior year’s rate, the village noted.

“This property tax rate reduction is a direct testament to the Village Board’s unwavering commitment to responsible fiscal management and keeping our community first in all that we do,” said Village President Missey Moorman Schumacher. “For eight consecutive years, we’ve worked diligently to lower the tax burden on our residents, and this year is no exception. These reductions allow us to minimize the burden on our taxpayers while still delivering exceptional services.”

Increased equalized assessed values and the fiscal responsibility of the Village Board has resulted in the reduction of the Village’s tax rate over the past eight years, Channahon officials noted.

Inclusive of the current estimated rate, the Village has reduced its tax rate by more than 20 percent over that time.

According to Channahon's press release from Sydney Thompson, marketing and communications manager:

"This foresight and commitment has resulted in an overall reduction in the amount paid to the Village of Channahon each year on a property owner’s tax bill. The Village utilizes the various revenue sources to provide services to residents and businesses, and is proud to minimize the property tax levy each year."

Meanwhile, Joliet Patch has reported that over in Joliet, former City of Chicago official Beth Beatty, now Joliet's city manager, has proposed raising the property taxes and the city's fuel taxes for residents and non-residents alike as part of her proposed city of Joliet budget for 2025.

Joliet's City Council will vote on Beatty's tax increases in two more weeks.