Schaumburg Votes to Lower Property Taxes Fees for vehicle stickers, garbage removal also done away with Updated 9:08 AM CDT, Wed, Sep 29, 2010
The village of Schaumburg bucked the national trend of raising taxes and fees to cover rising expenses when its board unanimously approved a 4.4 percent reduction to the 2010 property tax levy
You read that right: reduction.
But that's not all. Village officials also did away with vehicle sticker fees and moved to have property taxes cover garbage removal.
The tax reduction is actually part of a plan. Village big wigs promised to reverse the property tax when officials first established it last year to brace against the sagging economy. The village traditionally hasn't employed a property tax.
Now officials say revenues from hotel (up 6.2 percent) and sales (up 3 percent) taxes were large enough to cover their nut, so they don't need the property tax to make ends meet.
The proposed tax levy for 2009 was $23.7 million. In 2010 it's just $22.7 million. That means a home owner with a $250,000 home will pay about $12 less than last year. Couple that with $180 savings from the garbage fee and $20 a year for village stickers and some residents will experience a nice boost.
Schaumburg is an anomaly among Illinois municipalities. Others like Gurnee and Orland Park raising taxes and fees where ever they can. Northbrook, which has seen an increase in sales tax revenue stood pat.
When the INSANE are running the ASYLUM In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche
“How fortunate for those in power that people never think.” Adolph Hitler
Schaumburg, Illinois is a suburb of Chicago. I believe that Sears and some other corporations have office buildings in that community. The property taxes paid by on the office buildings probably accounts for the ability to lower the overall property tax rate.
That is why Rotterdam needs "mixed use development' in key areas ... a good mix of commercial office space and retail/non-office commercial. The workers in the office buildings help support the retail/non-office commercial businesses on their lunch breaks and stopping in before or after work. The days of Rotterdam being able to survive on a few fast food chains, drug stores, and discount department stores is long past.
George Amedore & Christian Klueg for NYS Senate 2016 Pete Vroman for State Assembly 2016[/size][/color]
"For this is what America is all about. It is the uncrossed desert and the unclimbed ridge. It is the star that is not reached and the harvest that is sleeping in the unplowed ground." Lyndon Baines Johnson
Schaumburg, Illinois is a suburb of Chicago. I believe that Sears and some other corporations have office buildings in that community. The property taxes paid by on the office buildings probably accounts for the ability to lower the overall property tax rate.
That is why Rotterdam needs "mixed use development' in key areas ... a good mix of commercial office space and retail/non-office commercial. The workers in the office buildings help support the retail/non-office commercial businesses on their lunch breaks and stopping in before or after work. The days of Rotterdam being able to survive on a few fast food chains, drug stores, and discount department stores is long past.
Dont forget the non-profits that they seem to love, along with the PILOT payments, metrograft gifts, etc.
Dont forget the non-profits that they seem to love, along with the PILOT payments, metrograft gifts, etc.
By your opposition to "non-profits" -- I take it that you are asking all the churches in Rotterdam to either leave town or start paying property tax ????
George Amedore & Christian Klueg for NYS Senate 2016 Pete Vroman for State Assembly 2016[/size][/color]
"For this is what America is all about. It is the uncrossed desert and the unclimbed ridge. It is the star that is not reached and the harvest that is sleeping in the unplowed ground." Lyndon Baines Johnson
By your opposition to "non-profits" -- I take it that you are asking all the churches in Rotterdam to either leave town or start paying property tax ????
Well, I would not support that, but I would support some other non-profits starting to pay taxes. You know, like Proctors, Golub, Villa Italia, Movieland, Aperitivo. I think you get the jist. I would prefer to call them negative tax rate establishments.
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