Politics & Government
Property Tax Hike Proposed in Lake Forest
City Council expected to vote on an increase of nearly 3 percent next month.
A property tax increase in Lake Forest could come as soon as next year.
The City Council unanimously passed on first reading a resolution to enact a 2.93 percent increase in the real estate levy for 2016, according to the Daily North Shore.
The change would mean the owner of an $800,000 home would pay $91 more in property taxes.
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City officials cited the uncertainty regarding the state budget and how much would be taken away from municipalities as reasons for the hike.
The Council is expected to officially vote on the matter on December 7.
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