Property Taxes | WGLT

Property Taxes

Eastland Mall exterior
Ryan Denham / WGLT

Eastland Mall’s owners forecast a dire future for the mall Wednesday as they tried to significantly lower their property tax bill, with one of their experts saying he doesn’t think the half-empty mall will ever recover from losing four of its five anchor stores.

Mary Cullen / WGLT

Quality local journalism from WGLT depends on your financial support. We need new contributors on Giving Tuesday who will give $10 a month. Please consider a contribution to keep public media strong in Central Illinois. If you already contribute to WGLT, thank you!

Eastland Mall exterior
Staff / WGLT

Quality local journalism from WGLT depends on your financial support. We need new contributors on Giving Tuesday who will give $10 a month. Please consider a contribution to keep public media strong in Central Illinois. If you already contribute to WGLT, thank you!

Former State Farm building
Eric Stock / WGLT

State Farm essentially gave away its former downtown headquarters to spare a costly demolition after trying to sell the historic building for over a year, according to McLean County records.

Joe Deacon / WGLT

Thanks to expected modest economic growth, the City of Bloomington will hold property taxes steady again next year.

Bloomington City Council chambers
Eric Stock / WGLT

The City of Bloomington plans to hold the line on property taxes next year, assuming the city sees modest economic growth.

Stan Nord speaking at Normal Town Council
Eric Stock / WGLT

The Normal Town Council on Monday narrowly approved a draft proposal that would keep the property tax levy flat for next year after several members said they could support a one-year hiatus from accelerated payments to fully fund the town’s police and fire pensions by 2040.

Normal City Hall
Staff / WGLT

Town of Normal staff estimate increased retirement contributions could cost the owner of the typical home an extra $37 in property taxes next year.

District 87 headquarters
Eric Stock / WGLT

District 87 officials believe the two-year trend of a shrinking property tax base will end this year, and that could lead to a slight drop in the tax rate.

District 87 headquarters
Eric Stock / WGLT

District 87 plans to use cash reserves to help fill a projected $2 million deficit. The school board approved the $65.6 million spending plan Wednesday night.

Dan Brady at an event
Carleigh Gray / WGLT

As voters start to consider whether to replace Illinois’ flat income tax with a progressive-rate model, lawmakers are starting their work to overhaul the state’s property tax system too.

Staff / WGLT

The Unit 5 Finance Committee met Wednesday night for preliminary discussions on how to address the district’s growing education fund deficit.

Keith greets candidates
Amy Niebur / WGLT

Two candidates for a seat on the Heartland Community College Board both said they want to be careful to keep property taxes as low as possible, as did a third who is running uncontested.

Unit 5 school board candidates
Mary Cullen / WGLT

With six of seven Unit 5 school board seats up for election this year, there are four current members guaranteed to remain seated.

Unit 5 school board meets
Breanna Grow / WGLT

It looks like substitute teachers in Unit 5 will get the pay raise they’ve been asking for.

District 87
Eric Stock / WGLT

Eastland Mall’s big drop in its property tax bill could wipe out any tax cut that property owners in District 87 might have been getting.

Chemberly during a meeting
Cindy Le / WGLT

The Town of Normal has a new plan in place to get more residents’ input on Community Development Block Grant spending.

Jeff Chiu / AP

Bloomington has joined the growing number of U.S. communities using police body cameras.

Ken Bays
City of Bloomington

Bloomington police officers will soon have body cameras as part of their work attire if the city council follows through with plans to buy them on Monday night.

Unit 5 school board meets
Breanna Grow / WGLT

Unit 5 is looking to replace its current student information system with a new platform district officials say will make life easier for students, parents and teachers.

Staff / WGLT

The proposed tax levy for the town of Normal could lower the property tax rate by about 1 percent. Town staff have suggested the dollar value of the levy stay the same from last year at nearly $13 million.

Barry Reilly
Colleen Reynolds / WGLT

District 87 plans to inch its tax levy upward this year, projecting a rosy outlook for property growth in the community.

Lodge exterior
Cindy Le / WGLT

Agreements that ended a long-running property tax dispute involving student apartments and Unit 5 schools have left other taxing bodies with lots of questions.

Lodge exterior
Cindy Le / WGLT

It’s not just new businesses like Brandt Industries that are looking to cut their property tax bill.