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Romeoville Passes Balanced Budget for 2021-2022

Village Property Tax Rate Drops for 6th Straight Year

The Village Board passed a balanced 2021-2022 budget for the Village of Romeoville, which is 12% lower than the previous year. The budget also sees the village property tax rate decrease for the 6th year in a row. The average homeowner can expect to pay the roughly same in village taxes this year as they did in the previous year, depending on their assessed value. Approximately 10-12% of a resident's entire property tax bill goes to the village.

"Despite the recent year of challenges, we expect to end fiscal year 2020-21 without major financial impacts," said Mayor Noak. "The proposed budget c...

 

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