Winnetka’s Proposed $70.8M Budget Could Mean 1.7% Property Tax Increase

A Village Council hearing on the budget for the fiscal year 2014 is scheduled for March 5 and the budget is expected to be adopted on March 19.


Winnetka officials say the proposed $70.8 million budget for fiscal year 2014 could mean a 1.7 percent property tax increase or about $60 increase for the average Winnetka taxpayer with a $26,345 total property tax bill; the slight increase is mainly due to wage and benefit cost increases for village employees, Chicago Tribune reported. 

Stormwater projects represent the largest line item increase in the budget at $7.3 million but is mostly money transferred from the reserve fund and will not affect taxes; minus stormwater projects, the total budget is closer to $57.5 million, Winnetka officials told Chicago Tribune. 

Related Coverage

  • Winnetka Considers Building an $8 Million Storm Water Tunnel
  • Winnetka Considers a $34.6 Million Stormwater Tunnel


More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something
See more »