Property Taxes

The Bloomington-Normal Water Reclamation District will fix the longstanding bad water situation in the Colonial Meadows subdivision on the far east side of Bloomington. The water reclamation district also will spend $2 million on a new exhibit at the Children's Discovery Museum. The district board has approved borrowing up to $65 million. And BNWRD will probably raise its property tax rate to the maximum allowed.

Unit 5 and Rivian are locked in a property-tax dispute that could cost the school district an estimated $6.8 million annually.

Documents obtained by WGLT show Rivian trying to make its case for why its Normal properties are significantly overvalued and overtaxed. Millions of tax dollars are at risk for Unit 5 schools and other local taxing bodies.

Republican state Sen. Sally Turner reflects on the late night budget, a pause on gas sales tax, property tax relief, regulating data centers and a pause in data center tax credits.

Illinois could soon reform the state’s regulations on delinquent property tax sales after the House approved a bill 80-35 along party lines Saturday evening that lets homeowners keep their equity.

Parcels within Hudson Township, but outside the Village of Hudson, including the area surrounding Lake Bloomington, were inadvertently charged a village tax. A review of several tax bills indicates it may have also affected how village residents were taxed.

GOP legislators also introduced bills to make it easier for people older than 65 to get a homestead exemption, and allow property tax assessments to be published online.

McLean County property tax bills total $483.6 million from the 2025 assessment period. It's a 4% increase from last year.

Republicans are blaming Democratic policies, such as unfunded mandates on local governments and school districts, for raising property taxes while failing to provide other financial assistance.

With too much space and more remote workers, State Farm said Thursday that it plans to consolidate its workforce into the Corporate South complex in Bloomington and close its Corporate Headquarters and Illinois Operations Center by the end of 2027.