Property Taxes

The Unit 5 school board approved the 2025 tax levy and heard from concerned Carlock community members on Wednesday.

The Bloomington City Council approved the levy amount for the current fiscal year, as well as a nearly $7 million levy amount for the Bloomington Public Library.

The City of Bloomington intends to set its 2025 property tax levy at $25.3 million, an increase of $3 million over the previous year.

The Fourth District Appellate Court has reversed a circuit court decision and bounced a property tax dispute between Logan County and the not-for-profit that formerly ran Lincoln College back to the lower court.

Unit 5 heard a first reading of its policy regarding law enforcement requests for student citizenship status information at Wednesday's meeting.

The Normal Town Council authorized town staff to prepare the 2025 property tax levy ordinance during a sometimes tense meeting on Monday.

McLean County Board chair Elizabeth Johnston said the priorities in next year’s $144.5 million budget approved this week remain similar to the current year spending plan.

Michael Cornale, chief financial and facilities officer of District 87, said the bonds will give more working cash for the district and help rework its debt.

Officials say property owners in much of McLean County have been sent incorrect information about their property’s value due to a printing error. It’s at least the second substantial mistake involving property taxes in McLean County this year.

McLean County's chief assessment officer will host four public information sessions to help clear up confusion over the difference between a property’s assessed value or market value — and how that relates to how much a taxpayer pays in property taxes.