At last night’s meeting of the Lakewood Village Board, residents were masses in support and opposition of the creation of a Special Service Area tax district that would collect a maximum of 15 cents per $100 of assessed valuation for fifty years.
The purpose was to maintain the lakes in Turnberry Subdivision, which, without aeration and weed control would turn green in the summer.
The argument was that such a condition would lower property values.
The crowd of supporters of the $150-$200 a year tax outweighed the number, mainly from Muirfield Drive.
A subtext of the meeting, however, was over-taxation for the current year for the 25-year SSA that is expiring.
It also has a 15 cent per $100 of AV tax rate,
But last year, tax bills said 18 cents per $100 was collected.
There was clear resentment.
This morning I woke up wondering what would happen if such a crowd were able to attend the Crystal Lake Chamber of Commerce meeting with tax district officials tomorrow morning, Thursday, September 24th, from 7:30 am – 9:00 am. at Park Place located at 406 W. Woodstock St in Crystal Lake.
The meeting will feature spokes people from
meeting featuring representatives from
- the McHenry County Board
- District 155
- District 47
- Crystal Lake Public Library
- the Crystal Lake Park District
These tax districts levy over 80% of local tax bills.
Talk will be about thousands of tax dollars, not $150-$200.
There will be time for some questions.
Maybe someone will ask the Grade School District why it always takes the maximum amount possible under the Property Tax Cap.
(The answer will be, “If we don’t take it, we lose it forever.” The converse is also true, “If they don’t take it, taxpayers save it forever.”)
The full press release from the Chamber is here.
The Lakewood Village Board, by the way, accepted the official protest by the Muirfield Drive. Officials action will be taken on whether to approve or disapprove the SSA after a sixty-day period during which opponents have the opportunity to kill it by getting 50% of the property owners and 50% of the registered voters to sign a petition.