Romeoville Passes Balanced Budget for Next Fiscal Year - Largest Homeowner Property Tax Rebate to Date

The Village of Romeoville has passed a balanced budget for the 2026/27 fiscal year that reflects their commitment to keeping the community safe, prosperous, and fun. The Village will again offer an increased property tax rebate to homeowners and, for the 11th year in a row, the Village will lower its property tax rate.

This new budget addresses several priorities including public safety and the resurfacing of roads, while also containing several park projects and other areas of focus. Overall, the budget includes 142 capital projects, 36% of which are water and sewer related. Work continues to upgrade the system in advance of Lake Michigan water coming to Romeoville by 2030. This includes replacing aging pipes with larger and more durable alternatives as well as sealing leaks and building new or rehabilitating existing storage tanks and pump stations.

Of special note in this budget are the upgrades coming to the police department, which will see Romeoville PD become one of the most technologically advanced departments in the area. AI powered tools being utilized to enhance paperwork efficiency, evidence analytics, and translation are just a sampling of the planned upgrades.

The Romeoville budget is assisted by a variety of grants that help offset the cost of projects. The Village is always working to bring resources back to the community for the benefit of our residents.

“Our team has once again done a fantastic job looking ahead to anticipate the needs of the community and to review the latest technology out there for how it can serve our community,” said Mayor Noak. “We continue to strive to improve Romeoville while keeping a balanced budget, reducing taxes rates, and increasing homeowner refunds. I want to thank our finance department for doing a tremendous job in keeping those goals front and center.”

The Village reminds residents that approximately 10% of a homeowner’s property tax bill goes to the Village. The remaining 90% is collected by other taxing bodies. Property taxes are determined by the assessed value of homes, as evaluated by the township assessor, with bills issued by the Will County Treasurer’s office. If you believe the assessed value of your home is inaccurate, please contact your township assessor’s office or the Will County Board of Review for assistance.